iShares iBonds Dec 2028 Term Muni Bond ETF
IBMQ
164 hedge funds and large institutions have $429M invested in iShares iBonds Dec 2028 Term Muni Bond ETF in 2025 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 79 increasing their positions, 33 reducing their positions, and 9 closing their positions.
139% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 33
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
10% more capital invested
Capital invested by funds: $389M → $429M (+$39.9M)
6% more funds holding
Funds holding: 155 → 164 (+9)
1.53% less ownership
Funds ownership: 86.1% → 84.56% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBFG
Vishria Bird Financial Group
Memphis,
Tennessee
|
+$28.9M |
| 2 |
Morgan Stanley
New York
|
+$4.57M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$2.67M |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$2.58M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$18.1M |
| 2 |
Jane Street
New York
|
-$2.99M |
| 3 |
JP Morgan Chase
New York
|
-$2.08M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.84M |
| 5 |
EFP
Envision Financial Planning
Memphis,
Tennessee
|
-$1.04M |
IBMQ Hedge Fund Activity: Q3 2025 in Review
164 of the 7,647 institutional investors tracked by Wall St. Rank reported a position in iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) for Q3 2025, worth a combined $429M — up 10% from $389M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new IBMQ positions and 9 closed out — a net gain of 10 holders — while 79 added to existing stakes and 33 trimmed.
The largest buyer was Vishria Bird Financial Group, adding an estimated $28.9M. The largest seller was Envestnet Asset Management, cutting an estimated $18.1M.
- 164 institutional investors held iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) as of Q3 2025, up from 155 in Q2 2025.
- Funds reported $429M of iShares iBonds Dec 2028 Term Muni Bond ETF stock for Q3 2025, up 10% quarter-over-quarter.
- 19 funds opened new iShares iBonds Dec 2028 Term Muni Bond ETF positions in Q3 2025 and 9 closed out, a net change of +10 holders.
- The largest iShares iBonds Dec 2028 Term Muni Bond ETF buyer in Q3 2025 was Vishria Bird Financial Group, an estimated $28.9M added.
- The largest iShares iBonds Dec 2028 Term Muni Bond ETF seller in Q3 2025 was Envestnet Asset Management, an estimated $18.1M sold.
Based on aggregated 13F filings for Q3 2025.