iShares National Muni Bond ETF
218 hedge funds and large institutions have $1.69B invested in iShares National Muni Bond ETF in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 61 increasing their positions, 88 reducing their positions, and 32 closing their positions.
2.45% more ownership
Funds ownership: 50.36% → 52.81% (+2.5%)
3% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 32
0% less funds holding
Funds holding: 219 → 218 (-1)
4% less capital invested
Capital invested by funds: $1.75B → $1.69B (-$66.2M)
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
31% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 88
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $5.45M
Top Buyers
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$30.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$20.6M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$15.6M |
| 4 |
Jane Street
New York
|
+$15.3M |
| 5 |
V
Veritable
Wilmington,
Delaware
|
+$11.5M |
Top Sellers
| 1 |
Citigroup
New York
|
-$103M |
| 2 |
LPL Financial
San Diego,
California
|
-$32M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$30.8M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$15.4M |
| 5 |
Morgan Stanley
New York
|
-$11.2M |
MUB Hedge Fund Activity: Q3 2013 in Review
218 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q3 2013, worth a combined $1.69B — down 3.8% from $1.75B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new MUB positions and 32 closed out — a net gain of 1 holder — while 61 added to existing stakes and 88 trimmed.
The largest buyer was Eagle Asset Management, opening a new position worth an estimated $30.9M. The largest seller was Citigroup, cutting an estimated $103M.
- 218 institutional investors held iShares National Muni Bond ETF (MUB) as of Q3 2013, down from 219 in Q2 2013.
- Funds reported $1.69B of iShares National Muni Bond ETF stock for Q3 2013, down 3.8% quarter-over-quarter.
- 33 funds opened new iShares National Muni Bond ETF positions in Q3 2013 and 32 closed out, a net change of +1 holder.
- The largest iShares National Muni Bond ETF buyer in Q3 2013 was Eagle Asset Management, an estimated $30.9M added.
- The largest iShares National Muni Bond ETF seller in Q3 2013 was Citigroup, an estimated $103M sold.
Based on aggregated 13F filings for Q3 2013.