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iShares National Muni Bond ETF

800 hedge funds and large institutions have $11.2B invested in iShares National Muni Bond ETF in 2019 Q4 according to their latest regulatory filings, with 168 funds opening new positions, 366 increasing their positions, 154 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

460% more first-time investments, than exits

New positions opened: 168 | Existing positions closed: 30

138% more repeat investments, than reductions

Existing positions increased: 366 | Existing positions reduced: 154

27% more funds holding in top 10

Funds holding in top 10: 5165 (+14)

19% more funds holding

Funds holding: 671800 (+129)

8% more capital invested

Capital invested by funds: $10.3B → $11.2B (+$850M)

0.54% more ownership

Funds ownership: 71.83%72.37% (+0.54%)

27% less call options, than puts

Call options by funds: $2.02M | Put options by funds: $2.75M

Holders
800
Holders Change
+129
Holders Change %
+19.23%
% of All Funds
15.76%
Holding in Top 10
65
Holding in Top 10 Change
+14
Holding in Top 10 Change %
+27.45%
% of All Funds
1.28%
New
168
Increased
366
Reduced
154
Closed
30
Calls
$2.02M
Puts
$2.75M
Net Calls
-$730K
Net Calls Change
+$1.68M
Name Holding Trade Value Shares
Change
Change in
Stake
RVPG
376
Relative Value Partners Group
$1.24M +$614K +5,389 +99%
MFM
377
Mirsky Financial Management
New York
$1.23M +$68.1K +598 +6%
RA
378
RFG Advisory
Alabama
$1.23M +$1M +8,813 +442%
SYBT
379
Stock Yards Bank & Trust
Kentucky
$1.23M +$103K +900 +9%
GJIC
380
Gamble Jones Investment Counsel
California
$1.23M +$40.6K +356 +3%
BCM
381
BTC Capital Management
Iowa
$1.22M
WFA
382
Wade Financial Advisory
California
$1.22M +$1.22M +10,729 New
NA
383
NewEdge Advisors
Louisiana
$1.22M +$347K +3,042 +40%
PPA
384
Parametric Portfolio Associates
Washington
$1.22M +$595K +5,226 +95%
First Trust Advisors
385
First Trust Advisors
Illinois
$1.19M +$5.01K +44 +0.4%
VWM
386
Venturi Wealth Management
Texas
$1.19M +$804K +7,057 +208%
ACP
387
Aveo Capital Partners
Colorado
$1.18M +$911 +8 +0.1%
Lido Advisors
388
Lido Advisors
California
$1.18M +$727K +6,383 +161%
SSWM
389
Sheets Smith Wealth Management
North Carolina
$1.17M +$291K +2,556 +33%
IA
390
IFP Advisors
Florida
$1.17M -$522K -4,585 -31%
MA
391
MUFG Americas
New York
$1.16M +$289K +2,540 +33%
JFA
392
JNBA Financial Advisors
Minnesota
$1.14M
CBU
393
CIBC Bank USA
Illinois
$1.14M +$28.5K +250 +3%
JWCA
394
J.W. Cole Advisors
Florida
$1.14M +$1.14M +9,988 New
CIAS
395
Capital Investment Advisory Services
North Carolina
$1.14M -$126K -1,105 -10%
GC
396
Guggenheim Capital
Illinois
$1.14M -$11.7K -103 -1%
WAG
397
Winthrop Advisory Group
Massachusetts
$1.13M +$1.13M +9,959 New
MWM
398
Merriman Wealth Management
Washington
$1.13M -$436K -3,828 -28%
WCA
399
Westover Capital Advisors
Delaware
$1.12M +$73.6K +646 +7%
HC
400
Hamilton Capital
Ohio
$1.11M +$1.11M +9,788 New

MUB Hedge Fund Activity: Q4 2019 in Review

800 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q4 2019, worth a combined $11.2B — up 8.2% from $10.3B a quarter earlier.

Buyers outnumbered sellers: 168 funds opened new MUB positions and 30 closed out — a net gain of 138 holders — while 366 added to existing stakes and 154 trimmed.

The largest buyer was Bank of America, adding an estimated $110M. The largest seller was UBS Group, cutting an estimated $71.9M.

  • 800 institutional investors held iShares National Muni Bond ETF (MUB) as of Q4 2019, up from 671 in Q3 2019.
  • Funds reported $11.2B of iShares National Muni Bond ETF stock for Q4 2019, up 8.2% quarter-over-quarter.
  • 168 funds opened new iShares National Muni Bond ETF positions in Q4 2019 and 30 closed out, a net change of +138 holders.
  • The largest iShares National Muni Bond ETF buyer in Q4 2019 was Bank of America, an estimated $110M added.
  • The largest iShares National Muni Bond ETF seller in Q4 2019 was UBS Group, an estimated $71.9M sold.

Based on aggregated 13F filings for Q4 2019.