iShares iBonds Dec 2025 Term Muni Bond ETF
IBMN
IBMN was delisted on the 1st of December, 2025.
152 hedge funds and large institutions have $539M invested in iShares iBonds Dec 2025 Term Muni Bond ETF in 2023 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 60 increasing their positions, 45 reducing their positions, and 9 closing their positions.
200% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 9
33% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 45
26% more capital invested
Capital invested by funds: $428M → $539M (+$111M)
12% more funds holding
Funds holding: 136 → 152 (+16)
8.23% more ownership
Funds ownership: 86.4% → 94.63% (+8.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$42.2M |
| 2 |
Jane Street
New York
|
+$31.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$13.3M |
| 4 |
KCM
Kathmere Capital Management
Wayne,
Pennsylvania
|
+$12.5M |
| 5 |
Goldman Sachs
New York
|
+$5.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$18.4M |
| 2 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$15.3M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$5.74M |
| 4 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$1.37M |
| 5 |
RAG
RIA Advisory Group
Des Moines,
Iowa
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
151
Stephens Consulting
Flint,
Michigan
| $7.96K | – | – | – |
|
152
BlackRock
New York
| $3.64K | +$53 | +2 | +1% |
|
|
HNB
153
Huntington National Bank
Columbus,
Ohio
| $27 | – | – | – |
|
|
RAG
154
RIA Advisory Group
Des Moines,
Iowa
| – | -$1.14M | -43,649 | Closed |
|
|
APP
155
Avantax Planning Partners
Dubuque,
Iowa
| – | -$669K | -25,649 | Closed |
|
|
SIC
156
Sigma Investment Counselors
Northville,
Michigan
| – | -$599K | -22,955 | Closed |
|
|
AFG
157
AFS Financial Group
Bethesda,
Maryland
| – | -$454K | -17,397 | Closed |
|
|
SPC
158
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$269K | -10,319 | Closed |
|
|
NWM
159
Northcape Wealth Management
Williamsville,
New York
| – | -$213K | -8,177 | Closed |
|
|
SSWM
160
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
| – | -$130K | -5,000 | Closed |
|
|
BBHC
161
Brown Brothers Harriman & Co
New York
| – | -$107K | -4,112 | Closed |
|
|
CSPIA
162
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$88.5K | -3,394 | Closed |
|
IBMN Hedge Fund Activity: Q4 2023 in Review
152 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iShares iBonds Dec 2025 Term Muni Bond ETF (IBMN) for Q4 2023, worth a combined $539M — up 26% from $428M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new IBMN positions and 9 closed out — a net gain of 18 holders — while 60 added to existing stakes and 45 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $42.2M. The largest seller was Ameriprise, cutting an estimated $18.4M.
- 152 institutional investors held iShares iBonds Dec 2025 Term Muni Bond ETF (IBMN) as of Q4 2023, up from 136 in Q3 2023.
- Funds reported $539M of iShares iBonds Dec 2025 Term Muni Bond ETF stock for Q4 2023, up 26% quarter-over-quarter.
- 27 funds opened new iShares iBonds Dec 2025 Term Muni Bond ETF positions in Q4 2023 and 9 closed out, a net change of +18 holders.
- The largest iShares iBonds Dec 2025 Term Muni Bond ETF buyer in Q4 2023 was Morgan Stanley, an estimated $42.2M added.
- The largest iShares iBonds Dec 2025 Term Muni Bond ETF seller in Q4 2023 was Ameriprise, an estimated $18.4M sold.
Based on aggregated 13F filings for Q4 2023.