iShares iBonds Dec 2028 Term Muni Bond ETF
IBMQ
186 hedge funds and large institutions have $540M invested in iShares iBonds Dec 2028 Term Muni Bond ETF in 2026 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 98 increasing their positions, 28 reducing their positions, and 7 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 28
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
5% more funds holding
Funds holding: 177 → 186 (+9)
4% more capital invested
Capital invested by funds: $521M → $540M (+$19.8M)
5.38% less ownership
Funds ownership: 91.08% → 85.71% (-5.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
P
Paradiem
Covington,
Louisiana
|
+$10.1M |
| 2 |
Lido Advisors
Los Angeles,
California
|
+$8.68M |
| 3 |
HWA
Heartwood Wealth Advisors
Richmond,
Virginia
|
+$7.47M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.66M |
| 5 |
MGIA
Matthew Goff Investment Advisor
Houston,
Texas
|
+$3.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
-$47.4M |
| 2 |
Morgan Stanley
New York
|
-$4.41M |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
-$1.26M |
| 4 |
PA
PSI Advisors
Tampa,
Florida
|
-$770K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$525K |
IBMQ Hedge Fund Activity: Q1 2026 in Review
186 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) for Q1 2026, worth a combined $540M — up 3.8% from $521M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new IBMQ positions and 7 closed out — a net gain of 12 holders — while 98 added to existing stakes and 28 trimmed.
The largest buyer was Paradiem, opening a new position worth an estimated $10.1M. The largest seller was Mercer Global Advisors, cutting an estimated $47.4M.
- 186 institutional investors held iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) as of Q1 2026, up from 177 in Q4 2025.
- Funds reported $540M of iShares iBonds Dec 2028 Term Muni Bond ETF stock for Q1 2026, up 3.8% quarter-over-quarter.
- 19 funds opened new iShares iBonds Dec 2028 Term Muni Bond ETF positions in Q1 2026 and 7 closed out, a net change of +12 holders.
- The largest iShares iBonds Dec 2028 Term Muni Bond ETF buyer in Q1 2026 was Paradiem, an estimated $10.1M added.
- The largest iShares iBonds Dec 2028 Term Muni Bond ETF seller in Q1 2026 was Mercer Global Advisors, an estimated $47.4M sold.
Based on aggregated 13F filings for Q1 2026.