iShares National Muni Bond ETF
506 hedge funds and large institutions have $7.09B invested in iShares National Muni Bond ETF in 2018 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 175 increasing their positions, 205 reducing their positions, and 33 closing their positions.
36% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 33
11% more capital invested
Capital invested by funds: $6.39B → $7.09B (+$698M)
4.63% more ownership
Funds ownership: 68.92% → 73.55% (+4.6%)
0% more funds holding
Funds holding: 504 → 506 (+2)
8% less funds holding in top 10
Funds holding in top 10: 37 → 34 (-3)
15% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 205
78% less call options, than puts
Call options by funds: $883K | Put options by funds: $4.06M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$345M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$294M |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$249M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$108M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
W
Wealthfront
Palo Alto,
California
|
-$108M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$49.1M |
| 3 |
AIM
Allen Investment Management
New York
|
-$34.5M |
| 4 |
TC
Trust Company
Manhattan,
Kansas
|
-$30.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$20M |
MUB Hedge Fund Activity: Q2 2018 in Review
506 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q2 2018, worth a combined $7.09B — up 11% from $6.39B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new MUB positions and 33 closed out — a net gain of 12 holders — while 175 added to existing stakes and 205 trimmed.
The largest buyer was BlackRock, adding an estimated $345M. The largest seller was Wealthfront, cutting an estimated $108M.
- 506 institutional investors held iShares National Muni Bond ETF (MUB) as of Q2 2018, up from 504 in Q1 2018.
- Funds reported $7.09B of iShares National Muni Bond ETF stock for Q2 2018, up 11% quarter-over-quarter.
- 45 funds opened new iShares National Muni Bond ETF positions in Q2 2018 and 33 closed out, a net change of +12 holders.
- The largest iShares National Muni Bond ETF buyer in Q2 2018 was BlackRock, an estimated $345M added.
- The largest iShares National Muni Bond ETF seller in Q2 2018 was Wealthfront, an estimated $108M sold.
Based on aggregated 13F filings for Q2 2018.