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iShares National Muni Bond ETF

238 hedge funds and large institutions have $1.7B invested in iShares National Muni Bond ETF in 2013 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 75 increasing their positions, 90 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

118% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 22

9% more funds holding

Funds holding: 218238 (+20)

9% more funds holding in top 10

Funds holding in top 10: 1112 (+1)

1% more capital invested

Capital invested by funds: $1.69B → $1.7B (+$15.5M)

0.59% less ownership

Funds ownership: 52.81%52.22% (-0.59%)

17% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 90

78% less call options, than puts

Call options by funds: $2.38M | Put options by funds: $10.6M

Holders
238
Holders Change
+20
Holders Change %
+9.17%
% of All Funds
6.91%
Holding in Top 10
12
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+9.09%
% of All Funds
0.35%
New
48
Increased
75
Reduced
90
Closed
22
Calls
$2.38M
Puts
$10.6M
Net Calls
-$8.27M
Net Calls Change
-$2.83M
Name Holding Trade Value Shares
Change
Change in
Stake
FAAM
26
First Allied Asset Management
California
$10.6M -$1.74M -16,649 -14%
EC
27
Estate Counselors
Wisconsin
$10.5M +$778K +7,460 +8%
AllianceBernstein
28
AllianceBernstein
Tennessee
$9.99M -$325K -3,119 -3%
RJA
29
Raymond James & Associates
Florida
$9.96M -$1.4M -13,388 -12%
MAA
30
Managed Account Advisors
New Jersey
$9.9M +$9.48M +90,901 +1,995%
PI
31
Placemark Investments
Illinois
$8.75M +$821K +7,869 +10%
Barclays
32
Barclays
United Kingdom
$8.6M -$1.55M -14,823 -15%
Bank of New York Mellon
33
Bank of New York Mellon
New York
$8.49M +$4.49M +43,000 +111%
WCM
34
Windham Capital Management
Massachusetts
$8.28M -$86.6K -830 -1%
BCI
35
Brinker Capital Investments
Pennsylvania
$7.94M +$907K +8,697 +13%
SIM
36
Sigma Investment Management
Oregon
$7.51M -$468K -4,491 -6%
UCFA
37
United Capital Financial Advisors
Texas
$7.22M -$1.11M -10,654 -13%
CP
38
Corbenic Partners
Pennsylvania
$7.19M +$7.23M +69,333 New
Royal Bank of Canada
39
Royal Bank of Canada
Ontario, Canada
$6.76M -$102K -980 -1%
Commonwealth Equity Services
40
Commonwealth Equity Services
Massachusetts
$6.75M -$1.87M -17,960 -22%
HSA
41
HBK Sorce Advisory
Pennsylvania
$5.91M +$5.65M +54,158 +1,947%
ST
42
Sageworth Trust
Pennsylvania
$5.78M -$2.09M -20,000 -26%
EAM
43
Eagle Asset Management
Florida
$5.74M -$25.5M -244,208 -82%
3AM
44
3D Asset Management
Connecticut
$5.71M -$649K -6,220 -10%
EWM
45
Empirical Wealth Management
Washington
$5.71M +$1.54M +14,732 +37%
Truist Financial
46
Truist Financial
North Carolina
$5.62M +$304K +2,910 +6%
RFC
47
Regions Financial Corp
Alabama
$5.54M +$613K +5,879 +12%
AGA
48
Accuvest Global Advisors
Utah
$5.2M +$5.23M +50,105 New
PS
49
Portfolio Solutions
Michigan
$4.98M +$2.09M +20,061 +72%
DBT
50
Dubuque Bank & Trust
Iowa
$4.82M +$643K +6,165 +15%

MUB Hedge Fund Activity: Q4 2013 in Review

238 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q4 2013, worth a combined $1.7B — up 0.92% from $1.69B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new MUB positions and 22 closed out — a net gain of 26 holders — while 75 added to existing stakes and 90 trimmed.

The largest buyer was Charles Schwab Investment Advisory, opening a new position worth an estimated $59.5M. The largest seller was Wells Fargo, cutting an estimated $66M.

  • 238 institutional investors held iShares National Muni Bond ETF (MUB) as of Q4 2013, up from 218 in Q3 2013.
  • Funds reported $1.7B of iShares National Muni Bond ETF stock for Q4 2013, up 0.92% quarter-over-quarter.
  • 48 funds opened new iShares National Muni Bond ETF positions in Q4 2013 and 22 closed out, a net change of +26 holders.
  • The largest iShares National Muni Bond ETF buyer in Q4 2013 was Charles Schwab Investment Advisory, an estimated $59.5M added.
  • The largest iShares National Muni Bond ETF seller in Q4 2013 was Wells Fargo, an estimated $66M sold.

Based on aggregated 13F filings for Q4 2013.