ISHARES TR 2014 AMT-FREE MUN TERM ETF
MUAC
MUAC was delisted on the 15th of August, 2014.
24 hedge funds and large institutions have $27.3M invested in ISHARES TR 2014 AMT-FREE MUN TERM ETF in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 5 closing their positions.
17% more capital invested
Capital invested by funds: $23.4M → $27.3M (+$3.97M)
14% less funds holding
Funds holding: 28 → 24 (-4)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.04M |
| 2 |
Jane Street
New York
|
+$1.37M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$772K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$638K |
| 5 |
VA
Valmark Advisers
Akron,
Ohio
|
+$216K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.97M |
| 2 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$661K |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$403K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$287K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$245K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$403K | -7,858 | Closed |
|
|
27
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$287K | -5,600 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$72K | -1,400 | Closed |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| – | -$10K | -200 | Closed |
|
MUAC Hedge Fund Activity: Q2 2014 in Review
24 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in ISHARES TR 2014 AMT-FREE MUN TERM ETF (MUAC) for Q2 2014, worth a combined $27.3M — up 17% from $23.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MUAC and 1 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 7 added.
The largest buyer was Susquehanna International Group, adding an estimated $5.04M. The largest seller was Morgan Stanley, cutting an estimated $1.97M.
- 24 institutional investors held ISHARES TR 2014 AMT-FREE MUN TERM ETF (MUAC) as of Q2 2014, down from 28 in Q1 2014.
- Funds reported $27.3M of ISHARES TR 2014 AMT-FREE MUN TERM ETF stock for Q2 2014, up 17% quarter-over-quarter.
- 1 fund opened new ISHARES TR 2014 AMT-FREE MUN TERM ETF positions in Q2 2014 and 5 closed out, a net change of -4 holders.
- The largest ISHARES TR 2014 AMT-FREE MUN TERM ETF buyer in Q2 2014 was Susquehanna International Group, an estimated $5.04M added.
- The largest ISHARES TR 2014 AMT-FREE MUN TERM ETF seller in Q2 2014 was Morgan Stanley, an estimated $1.97M sold.
Based on aggregated 13F filings for Q2 2014.