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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
KWA
451
Kingswood Wealth Advisors
California
$4.2M +$2.56M +23,950 +157%
CCA
452
Checchi Capital Advisers
California
$4.16M +$2.09M +19,527 +101%
AIP
453
Ameritas Investment Partners
Nebraska
$4.15M +$21.3K +199 +0.5%
MT
454
Midwest Trust
Kansas
$4.14M -$167K -1,558 -4%
DW
455
Durante & Waters
New York
$4.13M -$41.6K -389 -1%
SA
456
Sovran Advisors
California
$4.12M -$88.2K -824 -2%
BAM
457
Belpointe Asset Management
Nevada
$4.12M -$68.9K -644 -2%
T. Rowe Price Associates
458
T. Rowe Price Associates
Maryland
$4.09M
TCM
459
TD Capital Management
Tennessee
$4.09M -$44.5K -416 -1%
CIA
460
Concurrent Investment Advisors
Florida
$4.07M +$168K +1,569 +4%
William Blair & Company
461
William Blair & Company
Illinois
$4.04M -$101K -943 -2%
FCFC
462
First Commonwealth Financial Corp
Pennsylvania
$4.02M -$283K -2,644 -7%
IWS
463
Insight Wealth Strategies
California
$3.99M +$93.5K +873 +2%
WCM
464
WLTH Capital Management
Arizona
$3.98M +$3.94M +36,754 New
HIP
465
HUB Investment Partners
Texas
$3.95M -$1.27M -11,856 -24%
AWP
466
Avid Wealth Partners
Texas
$3.94M -$400K -3,732 -9%
PHWA
467
Petersen Hastings Wealth Advisors
Washington
$3.93M +$3.93M +36,698 New
SWA
468
Sax Wealth Advisors
New Jersey
$3.83M +$518K +4,839 +16%
MOS
469
MGO One Seven
Ohio
$3.83M +$2.89M +27,001 +309%
FFA
470
First Foundation Advisors
California
$3.81M +$669K +6,250 +21%
OP
471
ORG Partners
Indiana
$3.78M +$3.96K +37 +0.1%
VCP
472
Verus Capital Partners
Arizona
$3.78M +$109K +1,019 +3%
MWM
473
Mission Wealth Management
California
$3.77M -$61.1K -571 -2%
IA
474
IFG Advisory
Georgia
$3.76M +$1.06M +9,860 +39%
APW
475
Austin Private Wealth
Texas
$3.75M -$1.68M -15,738 -31%