ISHARES TR 2014 AMT-FREE MUN TERM ETF
MUAC
MUAC was delisted on the 15th of August, 2014.
25 hedge funds and large institutions have $23.6M invested in ISHARES TR 2014 AMT-FREE MUN TERM ETF in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
4% more funds holding
Funds holding: 24 → 25 (+1)
0% more capital invested
Capital invested by funds: $23.5M → $23.6M (+$20.2K)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.17M |
| 2 |
Jane Street
New York
|
+$1.19M |
| 3 |
Morgan Stanley
New York
|
+$1.08M |
| 4 |
LPL Financial
San Diego,
California
|
+$325K |
| 5 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$324K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.2M |
| 2 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$2.02M |
| 3 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$1.65M |
| 4 |
FBNAT
FirstMerit Bank N.A. Trustee
Akron,
Ohio
|
-$558K |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$483K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.2M | -42,683 | Closed |
|
|
PAG
27
Pinnacle Advisory Group
Columbia,
Maryland
| – | -$1.65M | -32,053 | Closed |
|
|
FBNAT
28
FirstMerit Bank N.A. Trustee
Akron,
Ohio
| – | -$558K | -10,814 | Closed |
|
|
CIM
29
Confluence Investment Management
St. Louis,
Missouri
| – | -$483K | -9,357 | Closed |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$335K | -6,509 | Closed |
|
31
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$217K | -4,212 | Closed |
|
MUAC Hedge Fund Activity: Q4 2013 in Review
25 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in ISHARES TR 2014 AMT-FREE MUN TERM ETF (MUAC) for Q4 2013, worth a combined $23.6M — up 0.09% from $23.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MUAC positions and 6 closed out — a net gain of 1 holder — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Bank of America, adding an estimated $3.17M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.2M sold.
- 25 institutional investors held ISHARES TR 2014 AMT-FREE MUN TERM ETF (MUAC) as of Q4 2013, up from 24 in Q3 2013.
- Funds reported $23.6M of ISHARES TR 2014 AMT-FREE MUN TERM ETF stock for Q4 2013, up 0.09% quarter-over-quarter.
- 7 funds opened new ISHARES TR 2014 AMT-FREE MUN TERM ETF positions in Q4 2013 and 6 closed out, a net change of +1 holder.
- The largest ISHARES TR 2014 AMT-FREE MUN TERM ETF buyer in Q4 2013 was Bank of America, an estimated $3.17M added.
- The largest ISHARES TR 2014 AMT-FREE MUN TERM ETF seller in Q4 2013 was Susquehanna International Group, an estimated $2.2M sold.
Based on aggregated 13F filings for Q4 2013.