BlackRock Short Maturity Municipal Bond ETF
MEAR
105 hedge funds and large institutions have $364M invested in BlackRock Short Maturity Municipal Bond ETF in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 51 reducing their positions, and 14 closing their positions.
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
5% less funds holding
Funds holding: 111 → 105 (-6)
6.19% less ownership
Funds ownership: 81.33% → 75.14% (-6.2%)
15% less capital invested
Capital invested by funds: $429M → $364M (-$64.9M)
43% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 51
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FG
Foster Group
West Des Moines,
Iowa
|
+$21.5M |
| 2 |
Morgan Stanley
New York
|
+$9.8M |
| 3 |
RWM
Rockwood Wealth Management
New Hope,
Pennsylvania
|
+$3.16M |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$2.12M |
| 5 |
AG
Ascent Group
Virginia Beach,
Virginia
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$47.7M |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$36.1M |
| 3 |
Jane Street
New York
|
-$9.58M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.29M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.1M |
MEAR Hedge Fund Activity: Q1 2023 in Review
105 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in BlackRock Short Maturity Municipal Bond ETF (MEAR) for Q1 2023, worth a combined $364M — down 15% from $429M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of MEAR and 13 opened new positions — a net loss of 1 holder — while 51 trimmed existing stakes and 29 added.
The largest buyer was Foster Group, opening a new position worth an estimated $21.5M. The largest seller was Bank of America, cutting an estimated $47.7M.
- 105 institutional investors held BlackRock Short Maturity Municipal Bond ETF (MEAR) as of Q1 2023, down from 111 in Q4 2022.
- Funds reported $364M of BlackRock Short Maturity Municipal Bond ETF stock for Q1 2023, down 15% quarter-over-quarter.
- 13 funds opened new BlackRock Short Maturity Municipal Bond ETF positions in Q1 2023 and 14 closed out, a net change of -1 holder.
- The largest BlackRock Short Maturity Municipal Bond ETF buyer in Q1 2023 was Foster Group, an estimated $21.5M added.
- The largest BlackRock Short Maturity Municipal Bond ETF seller in Q1 2023 was Bank of America, an estimated $47.7M sold.
Based on aggregated 13F filings for Q1 2023.