iShares iBonds Dec 2027 Term Muni Bond ETF
IBMP
179 hedge funds and large institutions have $512M invested in iShares iBonds Dec 2027 Term Muni Bond ETF in 2025 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 78 increasing their positions, 33 reducing their positions, and 11 closing their positions.
136% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 33
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
8% more capital invested
Capital invested by funds: $474M → $512M (+$38.5M)
5% more funds holding
Funds holding: 171 → 179 (+8)
2.43% more ownership
Funds ownership: 84.14% → 86.56% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$27.4M |
| 2 |
PA
PSI Advisors
Tampa,
Florida
|
+$3.35M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.17M |
| 4 |
Morgan Stanley
New York
|
+$2.49M |
| 5 |
WCP
Wick Capital Partners
Wayne,
Pennsylvania
|
+$2.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hengehold Capital Management
Cincinnati,
Ohio
|
-$9.84M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.01M |
| 3 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
-$2.24M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$1.4M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.25M |
IBMP Hedge Fund Activity: Q4 2025 in Review
179 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in iShares iBonds Dec 2027 Term Muni Bond ETF (IBMP) for Q4 2025, worth a combined $512M — up 8.1% from $474M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new IBMP positions and 11 closed out — a net gain of 10 holders — while 78 added to existing stakes and 33 trimmed.
The largest buyer was Mercer Global Advisors, adding an estimated $27.4M. The largest seller was Hengehold Capital Management, cutting an estimated $9.84M.
- 179 institutional investors held iShares iBonds Dec 2027 Term Muni Bond ETF (IBMP) as of Q4 2025, up from 171 in Q3 2025.
- Funds reported $512M of iShares iBonds Dec 2027 Term Muni Bond ETF stock for Q4 2025, up 8.1% quarter-over-quarter.
- 21 funds opened new iShares iBonds Dec 2027 Term Muni Bond ETF positions in Q4 2025 and 11 closed out, a net change of +10 holders.
- The largest iShares iBonds Dec 2027 Term Muni Bond ETF buyer in Q4 2025 was Mercer Global Advisors, an estimated $27.4M added.
- The largest iShares iBonds Dec 2027 Term Muni Bond ETF seller in Q4 2025 was Hengehold Capital Management, an estimated $9.84M sold.
Based on aggregated 13F filings for Q4 2025.