ISHARES TR 2014 AMT-FREE MUN TERM ETF
MUAC
MUAC was delisted on the 15th of August, 2014.
28 hedge funds and large institutions have $23.4M invested in ISHARES TR 2014 AMT-FREE MUN TERM ETF in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
12% more funds holding
Funds holding: 25 → 28 (+3)
1% less capital invested
Capital invested by funds: $23.6M → $23.4M (-$197K)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.17M |
| 2 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$2.14M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$319K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$260K |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$260K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.19M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.02M |
| 3 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$933K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$673K |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$582K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
26
TD Capital Management
Memphis,
Tennessee
| $24K | +$51 | +1 | +0.2% |
|
|
KPCM
27
Kings Point Capital Management
Great Neck,
New York
| $15K | – | – | – |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $10K | – | – | – |
|
|
AP
29
Advisors Preferred
Rockville,
Maryland
| – | -$582K | -11,300 | Closed |
|
30
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$263K | -5,121 | Closed |
|
|
PR
31
Payden & Rygel
Los Angeles,
California
| – | -$249K | -4,840 | Closed |
|
MUAC Hedge Fund Activity: Q1 2014 in Review
28 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in ISHARES TR 2014 AMT-FREE MUN TERM ETF (MUAC) for Q1 2014, worth a combined $23.4M — down 0.84% from $23.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MUAC positions and 3 closed out — a net gain of 3 holders — while 4 added to existing stakes and 9 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $4.17M. The largest seller was Morgan Stanley, cutting an estimated $2.19M.
- 28 institutional investors held ISHARES TR 2014 AMT-FREE MUN TERM ETF (MUAC) as of Q1 2014, up from 25 in Q4 2013.
- Funds reported $23.4M of ISHARES TR 2014 AMT-FREE MUN TERM ETF stock for Q1 2014, down 0.84% quarter-over-quarter.
- 6 funds opened new ISHARES TR 2014 AMT-FREE MUN TERM ETF positions in Q1 2014 and 3 closed out, a net change of +3 holders.
- The largest ISHARES TR 2014 AMT-FREE MUN TERM ETF buyer in Q1 2014 was Susquehanna International Group, an estimated $4.17M added.
- The largest ISHARES TR 2014 AMT-FREE MUN TERM ETF seller in Q1 2014 was Morgan Stanley, an estimated $2.19M sold.
Based on aggregated 13F filings for Q1 2014.