iShares National Muni Bond ETF
1,218 hedge funds and large institutions have $27.5B invested in iShares National Muni Bond ETF in 2023 Q2 according to their latest regulatory filings, with 93 funds opening new positions, 520 increasing their positions, 432 reducing their positions, and 69 closing their positions.
35% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 69
20% more repeat investments, than reductions
Existing positions increased: 520 | Existing positions reduced: 432
1% more funds holding
Funds holding: 1,205 → 1,218 (+13)
3% more capital invested
Capital invested by funds: $26.7B → $27.5B (+$819M)
0.19% more ownership
Funds ownership: 83.91% → 84.09% (+0.19%)
14% less funds holding in top 10
Funds holding in top 10: 118 → 101 (-17)
58% less call options, than puts
Call options by funds: $1.34M | Put options by funds: $3.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$216M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$118M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$87M |
| 4 |
AC
Allstate Corporation
Northbrook,
Illinois
|
+$64.2M |
| 5 |
LPL Financial
San Diego,
California
|
+$55.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWG
Summit Wealth Group
White River Junction,
Vermont
|
-$259M |
| 2 |
Wealthfront Advisers
Palo Alto,
California
|
-$197M |
| 3 |
FWI
Facet Wealth Inc
Baltimore,
Maryland
|
-$70M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$43.7M |
| 5 |
Bank of New York Mellon
New York
|
-$39.1M |
MUB Hedge Fund Activity: Q2 2023 in Review
1,218 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q2 2023, worth a combined $27.5B — up 3.1% from $26.7B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new MUB positions and 69 closed out — a net gain of 24 holders — while 520 added to existing stakes and 432 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $216M. The largest seller was Summit Wealth Group, cutting an estimated $259M.
- 1,218 institutional investors held iShares National Muni Bond ETF (MUB) as of Q2 2023, up from 1,205 in Q1 2023.
- Funds reported $27.5B of iShares National Muni Bond ETF stock for Q2 2023, up 3.1% quarter-over-quarter.
- 93 funds opened new iShares National Muni Bond ETF positions in Q2 2023 and 69 closed out, a net change of +24 holders.
- The largest iShares National Muni Bond ETF buyer in Q2 2023 was Envestnet Asset Management, an estimated $216M added.
- The largest iShares National Muni Bond ETF seller in Q2 2023 was Summit Wealth Group, an estimated $259M sold.
Based on aggregated 13F filings for Q2 2023.