iShares iBonds Dec 2023 Term Muni Bond ETF
IBML
IBML was delisted on the 1st of December, 2023.
166 hedge funds and large institutions have $377M invested in iShares iBonds Dec 2023 Term Muni Bond ETF in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 53 increasing their positions, 69 reducing their positions, and 12 closing their positions.
2% less funds holding
Funds holding: 170 → 166 (-4)
14% less capital invested
Capital invested by funds: $437M → $377M (-$59.6M)
23% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 69
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.13M |
| 2 |
SFA
Source Financial Advisors
New York
|
+$2.09M |
| 3 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$1.8M |
| 4 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$582K |
| 5 |
AM
Atwater Malick
Lancaster,
Pennsylvania
|
+$490K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
-$15.3M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$15.3M |
| 3 |
Jane Street
New York
|
-$10.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.59M |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$3.37M |
IBML Hedge Fund Activity: Q2 2023 in Review
166 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares iBonds Dec 2023 Term Muni Bond ETF (IBML) for Q2 2023, worth a combined $377M — down 14% from $437M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of IBML and 8 opened new positions — a net loss of 4 holders — while 69 trimmed existing stakes and 53 added.
The largest buyer was Morgan Stanley, adding an estimated $4.13M. The largest seller was Mercer Global Advisors, cutting an estimated $15.3M.
- 166 institutional investors held iShares iBonds Dec 2023 Term Muni Bond ETF (IBML) as of Q2 2023, down from 170 in Q1 2023.
- Funds reported $377M of iShares iBonds Dec 2023 Term Muni Bond ETF stock for Q2 2023, down 14% quarter-over-quarter.
- 8 funds opened new iShares iBonds Dec 2023 Term Muni Bond ETF positions in Q2 2023 and 12 closed out, a net change of -4 holders.
- The largest iShares iBonds Dec 2023 Term Muni Bond ETF buyer in Q2 2023 was Morgan Stanley, an estimated $4.13M added.
- The largest iShares iBonds Dec 2023 Term Muni Bond ETF seller in Q2 2023 was Mercer Global Advisors, an estimated $15.3M sold.
Based on aggregated 13F filings for Q2 2023.