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iShares National Muni Bond ETF

1,221 hedge funds and large institutions have $30.2B invested in iShares National Muni Bond ETF in 2023 Q3 according to their latest regulatory filings, with 101 funds opening new positions, 520 increasing their positions, 431 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

603% more call options, than puts

Call options by funds: $21.8M | Put options by funds: $3.09M

21% more repeat investments, than reductions

Existing positions increased: 520 | Existing positions reduced: 431

20% more first-time investments, than exits

New positions opened: 101 | Existing positions closed: 84

13% more funds holding in top 10

Funds holding in top 10: 101114 (+13)

10% more capital invested

Capital invested by funds: $27.5B → $30.2B (+$2.64B)

4.02% more ownership

Funds ownership: 84.09%88.11% (+4%)

0% more funds holding

Funds holding: 1,2181,221 (+3)

Holders
1,221
Holders Change
+3
Holders Change %
+0.25%
% of All Funds
19.38%
Holding in Top 10
114
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+12.87%
% of All Funds
1.81%
New
101
Increased
520
Reduced
431
Closed
84
Calls
$21.8M
Puts
$3.09M
Net Calls
+$18.7M
Net Calls Change
+$20.5M
Name Holding Trade Value Shares
Change
Change in
Stake
AssetMark Inc
26
AssetMark Inc
California
$203M +$1.18M +11,168 +0.6%
Osaic Holdings
27
Osaic Holdings
Arizona
$184M +$27.3M +258,375 +17%
MML Investors Services
28
MML Investors Services
Massachusetts
$154M +$3.24M +30,740 +2%
Mariner
29
Mariner
Kansas
$144M +$6.96M +66,004 +5%
Goldman Sachs
30
Goldman Sachs
New York
$135M +$5.69M +53,935 +4%
BlackRock
31
BlackRock
New York
$123M +$58.6M +555,655 +86%
CIA
32
Choate Investment Advisors
Massachusetts
$122M -$7.62M -72,206 -6%
S
33
SignatureFD
Georgia
$119M -$2.41M -22,893 -2%
Ameriprise
34
Ameriprise
Minnesota
$118M +$5.73M +54,346 +5%
HighTower Advisors
35
HighTower Advisors
Illinois
$117M +$7.41M +70,208 +7%
SFA
36
Sequoia Financial Advisors
Ohio
$109M -$5.57M -52,803 -5%
UCFA
37
United Capital Financial Advisors
Texas
$106M -$15.4M -145,536 -12%
CCWA
38
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$106M -$975K -9,248 -0.9%
Royal Bank of Canada
39
Royal Bank of Canada
Ontario, Canada
$103M -$9.8M -92,942 -8%
OFG
40
Oxford Financial Group
Indiana
$101M -$208K -1,976 -0.2%
State of Wisconsin Investment Board
41
State of Wisconsin Investment Board
Wisconsin
$95.7M +$12.7M +120,000 +15%
Jones Financial Companies
42
Jones Financial Companies
Missouri
$93.8M -$369K -3,502 -0.4%
FG
43
Foster Group
Iowa
$92.8M +$2.77M +26,287 +3%
Truist Financial
44
Truist Financial
North Carolina
$91.3M +$4.82M +45,703 +5%
PAS
45
Park Avenue Securities
New York
$90.3M -$2.05M -19,430 -2%
Citigroup
46
Citigroup
New York
$88.7M -$586K -5,556 -0.6%
EI
47
Ellevest Inc
New York
$85.5M +$4.55M +43,100 +5%
OCM
48
One Capital Management
California
$82.2M +$4.03M +38,200 +5%
Corient Private Wealth
49
Corient Private Wealth
Florida
$77.5M +$3.41M +32,376 +4%
CAG
50
Crestwood Advisors Group
Massachusetts
$76M +$2.05M +19,389 +3%

MUB Hedge Fund Activity: Q3 2023 in Review

1,221 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q3 2023, worth a combined $30.2B — up 9.6% from $27.5B a quarter earlier.

Buyers outnumbered sellers: 101 funds opened new MUB positions and 84 closed out — a net gain of 17 holders — while 520 added to existing stakes and 431 trimmed.

The largest buyer was Wealthfront Advisers, adding an estimated $798M. The largest seller was Envestnet Asset Management, cutting an estimated $497M.

  • 1,221 institutional investors held iShares National Muni Bond ETF (MUB) as of Q3 2023, up from 1,218 in Q2 2023.
  • Funds reported $30.2B of iShares National Muni Bond ETF stock for Q3 2023, up 9.6% quarter-over-quarter.
  • 101 funds opened new iShares National Muni Bond ETF positions in Q3 2023 and 84 closed out, a net change of +17 holders.
  • The largest iShares National Muni Bond ETF buyer in Q3 2023 was Wealthfront Advisers, an estimated $798M added.
  • The largest iShares National Muni Bond ETF seller in Q3 2023 was Envestnet Asset Management, an estimated $497M sold.

Based on aggregated 13F filings for Q3 2023.