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iShares National Muni Bond ETF

1,625 hedge funds and large institutions have $36.1B invested in iShares National Muni Bond ETF in 2025 Q4 according to their latest regulatory filings, with 219 funds opening new positions, 771 increasing their positions, 449 reducing their positions, and 91 closing their positions.

New
Increased
Maintained
Reduced
Closed

141% more first-time investments, than exits

New positions opened: 219 | Existing positions closed: 91

72% more repeat investments, than reductions

Existing positions increased: 771 | Existing positions reduced: 449

6% more funds holding

Funds holding: 1,5341,625 (+91)

5% more capital invested

Capital invested by funds: $34.3B → $36.1B (+$1.86B)

5% more funds holding in top 10

Funds holding in top 10: 95100 (+5)

1.17% more ownership

Funds ownership: 85.71%86.88% (+1.2%)

6% less call options, than puts

Call options by funds: $266M | Put options by funds: $284M

Holders
1,625
Holders Change
+91
Holders Change %
+5.93%
% of All Funds
19.77%
Holding in Top 10
100
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+5.26%
% of All Funds
1.22%
New
219
Increased
771
Reduced
449
Closed
91
Calls
$266M
Puts
$284M
Net Calls
-$17.5M
Net Calls Change
-$197M
Name Holding Trade Value Shares
Change
Change in
Stake
CA
426
CGN Advisors
Kansas
$4.66M -$147K -1,377 -3%
WMR
427
Wealth Management Resources
Rhode Island
$4.66M -$232K -2,170 -5%
SAM
428
Smartleaf Asset Management
Massachusetts
$4.66M +$1.48M +13,843 +47%
IWMA
429
Ironwood Wealth Management (Arizona)
Arizona
$4.65M +$12.4K +116 +0.3%
WCA
430
Westover Capital Advisors
Delaware
$4.64M +$93.3K +871 +2%
BWM
431
BCGM Wealth Management
Indiana
$4.63M -$9.85K -92 -0.2%
SIAP
432
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$4.61M +$925K +8,639 +25%
SA
433
Sincerus Advisory
New York
$4.57M +$1.09M +10,171 +31%
OCG
434
Opus Capital Group
Ohio
$4.55M +$40.8K +381 +0.9%
SB
435
Strategic Blueprint
Georgia
$4.54M -$549K -5,130 -11%
CFMC
436
Curbstone Financial Management Corp
New Hampshire
$4.48M +$327K +3,050 +8%
AWM
437
Austin Wealth Management
Texas
$4.44M -$20.1K -188 -0.5%
GGS
438
Galvin Gaustad & Stein
Arizona
$4.4M +$253K +2,359 +6%
BHWM
439
Beaird Harris Wealth Management
Texas
$4.4M +$106K +992 +2%
BAAM
440
Baker Avenue Asset Management
California
$4.39M +$1.01M +9,422 +30%
LFP
441
Leeward Financial Partners
Washington
$4.37M +$32.9K +307 +0.8%
GT
442
Greenleaf Trust
Michigan
$4.37M -$226K -2,110 -5%
BTI
443
Blue Trust Inc
Georgia
$4.35M +$198K +1,849 +5%
FHC
444
First Horizon Corporation
Tennessee
$4.31M +$929K +8,678 +27%
LPP
445
Life Planning Partners
Florida
$4.29M +$11.7K +109 +0.3%
CCC
446
Chesapeake Capital Corp
Florida
$4.28M
TI
447
Tidal Investments
Wisconsin
$4.28M
TCM
448
TruNorth Capital Management
Michigan
$4.28M +$449K +4,195 +12%
FNT
449
First National Trust
Pennsylvania
$4.25M +$247K +2,305 +6%
AWE
450
Avidian Wealth Enterprises
Texas
$4.23M +$74.7K +698 +2%