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iShares National Muni Bond ETF

397 hedge funds and large institutions have $4.61B invested in iShares National Muni Bond ETF in 2016 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 201 increasing their positions, 92 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

118% more repeat investments, than reductions

Existing positions increased: 201 | Existing positions reduced: 92

91% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 22

7% more funds holding in top 10

Funds holding in top 10: 2830 (+2)

5% more funds holding

Funds holding: 378397 (+19)

4% more capital invested

Capital invested by funds: $4.44B → $4.61B (+$166M)

3% less call options, than puts

Call options by funds: $3.52M | Put options by funds: $3.62M

2.12% less ownership

Funds ownership: 61.02%58.9% (-2.1%)

Holders
397
Holders Change
+19
Holders Change %
+5.03%
% of All Funds
10.59%
Holding in Top 10
30
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+7.14%
% of All Funds
0.8%
New
42
Increased
201
Reduced
92
Closed
22
Calls
$3.52M
Puts
$3.62M
Net Calls
-$106K
Net Calls Change
+$1.8M
Name Holding Trade Value Shares
Change
Change in
Stake
CAM
26
Caprin Asset Management
Virginia
$24.7M -$20.1M -177,515 -45%
Fidelity Investments
27
Fidelity Investments
Massachusetts
$24.6M +$16.4M +145,095 +199%
BIM
28
BlackRock Investment Management
Delaware
$21.1M +$7.07M +62,427 +50%
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$21M +$8.14M +71,873 +63%
BTS
30
BB&T Securities
Virginia
$20.9M -$2.91M -25,697 -12%
Fisher Asset Management
31
Fisher Asset Management
Washington
$20.6M +$13M +114,996 +170%
UCFA
32
United Capital Financial Advisors
Texas
$20M -$1.59K -14 -0%
LPT
33
Legacy Private Trust
Wisconsin
$19.3M +$4.31M +38,049 +29%
BFA
34
Beaumont Financial Advisors
Massachusetts
$17.7M -$17.2K -152 -0.1%
Fifth Third Bancorp
35
Fifth Third Bancorp
Ohio
$17.1M +$2.42M +21,379 +16%
BA
36
BlackRock Advisors
Delaware
$16.9M +$17M +150,000 New
SIA
37
Spruce Investment Advisors
Connecticut
$16.8M -$2.99M -26,395 -15%
RFC
38
Regions Financial Corp
Alabama
$15M +$247K +2,179 +2%
SIM
39
Sigma Investment Management
Oregon
$14.4M
WCM
40
Wealthcare Capital Management
Virginia
$13.6M +$37.4K +330 +0.3%
M&T Bank
41
M&T Bank
New York
$12.5M +$9.91M +87,436 +377%
GMA
42
Goldstein Munger & Associates
California
$12.5M -$93K -821 -0.7%
SFA
43
Sequoia Financial Advisors
Ohio
$12.1M +$11.9M +104,851 +4,854%
Goldman Sachs
44
Goldman Sachs
New York
$12M +$1.15M +10,125 +10%
RMC
45
Regis Management Company
California
$12M +$4M +35,314 +50%
Stifel Financial
46
Stifel Financial
Missouri
$11.5M -$2.53M -22,297 -18%
RJFSA
47
Raymond James Financial Services Advisors
Florida
$11.4M +$1.86M +16,448 +19%
CCG
48
Cypress Capital Group
Florida
$11.1M +$437K +3,860 +4%
SCA
49
Salient Capital Advisors
Texas
$10.9M +$339K +2,993 +3%
AFS
50
Aft Forsyth & Sober
Florida
$10.5M +$8.42M +74,325 +395%

MUB Hedge Fund Activity: Q3 2016 in Review

397 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q3 2016, worth a combined $4.61B — up 3.7% from $4.44B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new MUB positions and 22 closed out — a net gain of 20 holders — while 201 added to existing stakes and 92 trimmed.

The largest buyer was Betterment LLC, adding an estimated $74.6M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $113M.

  • 397 institutional investors held iShares National Muni Bond ETF (MUB) as of Q3 2016, up from 378 in Q2 2016.
  • Funds reported $4.61B of iShares National Muni Bond ETF stock for Q3 2016, up 3.7% quarter-over-quarter.
  • 42 funds opened new iShares National Muni Bond ETF positions in Q3 2016 and 22 closed out, a net change of +20 holders.
  • The largest iShares National Muni Bond ETF buyer in Q3 2016 was Betterment LLC, an estimated $74.6M added.
  • The largest iShares National Muni Bond ETF seller in Q3 2016 was Northwestern Mutual Wealth Management, an estimated $113M sold.

Based on aggregated 13F filings for Q3 2016.