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 $23.5M invested in ISHARES TR 2014 AMT-FREE MUN TERM ETF in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 4 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
17% more capital invested
Capital invested by funds: $20.1M → $23.5M (+$3.38M)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
4% less funds holding
Funds holding: 25 → 24 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.07M |
| 3 |
FBNAT
FirstMerit Bank N.A. Trustee
Akron,
Ohio
|
+$557K |
| 4 |
Morgan Stanley
New York
|
+$474K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$289K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$772K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$351K |
| 3 |
LWI
Long Wharf Investors
Boston,
Massachusetts
|
-$295K |
| 4 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$178K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$111K |
MUAC Hedge Fund Activity: Q3 2013 in Review
24 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in ISHARES TR 2014 AMT-FREE MUN TERM ETF (MUAC) for Q3 2013, worth a combined $23.5M — up 17% from $20.1M a quarter earlier.
Fund positioning in MUAC was balanced in Q3 2013: 4 funds opened new positions, 4 closed out, 11 added to existing stakes and 6 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.2M. The largest seller was Royal Bank of Canada, cutting an estimated $772K.
- 24 institutional investors held ISHARES TR 2014 AMT-FREE MUN TERM ETF (MUAC) as of Q3 2013, down from 25 in Q2 2013.
- Funds reported $23.5M of ISHARES TR 2014 AMT-FREE MUN TERM ETF stock for Q3 2013, up 17% quarter-over-quarter.
- 4 funds opened new ISHARES TR 2014 AMT-FREE MUN TERM ETF positions in Q3 2013 and 4 closed out, a net change of 0 holders.
- The largest ISHARES TR 2014 AMT-FREE MUN TERM ETF buyer in Q3 2013 was Susquehanna International Group, an estimated $2.2M added.
- The largest ISHARES TR 2014 AMT-FREE MUN TERM ETF seller in Q3 2013 was Royal Bank of Canada, an estimated $772K sold.
Based on aggregated 13F filings for Q3 2013.