iShares National Muni Bond ETF
1,370 hedge funds and large institutions have $32.7B invested in iShares National Muni Bond ETF in 2024 Q1 according to their latest regulatory filings, with 114 funds opening new positions, 602 increasing their positions, 457 reducing their positions, and 96 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 602 | Existing positions reduced: 457
19% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 96
0% less funds holding
Funds holding: 1,374 → 1,370 (-4)
2.83% less ownership
Funds ownership: 90.85% → 88.02% (-2.8%)
6% less capital invested
Capital invested by funds: $34.8B → $32.7B (-$2.1B)
11% less funds holding in top 10
Funds holding in top 10: 132 → 118 (-14)
22% less call options, than puts
Call options by funds: $186M | Put options by funds: $237M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Betterment LLC
New York
|
+$395M |
| 2 |
D.E. Shaw & Co
New York
|
+$155M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$128M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$89.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$84.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$855M |
| 2 |
Jane Street
New York
|
-$256M |
| 3 |
BlackRock
New York
|
-$241M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$183M |
| 5 |
CC
Centiva Capital
New York
|
-$145M |
MUB Hedge Fund Activity: Q1 2024 in Review
1,370 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q1 2024, worth a combined $32.7B — down 6% from $34.8B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new MUB positions and 96 closed out — a net gain of 18 holders — while 602 added to existing stakes and 457 trimmed.
The largest buyer was Betterment LLC, adding an estimated $395M. The largest seller was Morgan Stanley, cutting an estimated $855M.
- 1,370 institutional investors held iShares National Muni Bond ETF (MUB) as of Q1 2024, down from 1,374 in Q4 2023.
- Funds reported $32.7B of iShares National Muni Bond ETF stock for Q1 2024, down 6% quarter-over-quarter.
- 114 funds opened new iShares National Muni Bond ETF positions in Q1 2024 and 96 closed out, a net change of +18 holders.
- The largest iShares National Muni Bond ETF buyer in Q1 2024 was Betterment LLC, an estimated $395M added.
- The largest iShares National Muni Bond ETF seller in Q1 2024 was Morgan Stanley, an estimated $855M sold.
Based on aggregated 13F filings for Q1 2024.