iShares National Muni Bond ETF
800 hedge funds and large institutions have $11.2B invested in iShares National Muni Bond ETF in 2019 Q4 according to their latest regulatory filings, with 168 funds opening new positions, 366 increasing their positions, 154 reducing their positions, and 30 closing their positions.
460% more first-time investments, than exits
New positions opened: 168 | Existing positions closed: 30
138% more repeat investments, than reductions
Existing positions increased: 366 | Existing positions reduced: 154
27% more funds holding in top 10
Funds holding in top 10: 51 → 65 (+14)
19% more funds holding
Funds holding: 671 → 800 (+129)
8% more capital invested
Capital invested by funds: $10.3B → $11.2B (+$850M)
0.54% more ownership
Funds ownership: 71.83% → 72.37% (+0.54%)
27% less call options, than puts
Call options by funds: $2.02M | Put options by funds: $2.75M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$110M |
| 2 |
Betterment LLC
New York
|
+$91.5M |
| 3 |
BlackRock
New York
|
+$90.7M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$83.8M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$49.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$71.9M |
| 2 |
Barclays
London,
United Kingdom
|
-$50.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$45.6M |
| 4 |
Jane Street
New York
|
-$25.8M |
| 5 |
PCM
Price Capital Management
Lafayette,
Louisiana
|
-$18M |
MUB Hedge Fund Activity: Q4 2019 in Review
800 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q4 2019, worth a combined $11.2B — up 8.2% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 168 funds opened new MUB positions and 30 closed out — a net gain of 138 holders — while 366 added to existing stakes and 154 trimmed.
The largest buyer was Bank of America, adding an estimated $110M. The largest seller was UBS Group, cutting an estimated $71.9M.
- 800 institutional investors held iShares National Muni Bond ETF (MUB) as of Q4 2019, up from 671 in Q3 2019.
- Funds reported $11.2B of iShares National Muni Bond ETF stock for Q4 2019, up 8.2% quarter-over-quarter.
- 168 funds opened new iShares National Muni Bond ETF positions in Q4 2019 and 30 closed out, a net change of +138 holders.
- The largest iShares National Muni Bond ETF buyer in Q4 2019 was Bank of America, an estimated $110M added.
- The largest iShares National Muni Bond ETF seller in Q4 2019 was UBS Group, an estimated $71.9M sold.
Based on aggregated 13F filings for Q4 2019.