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iShares National Muni Bond ETF

1,498 hedge funds and large institutions have $35.3B invested in iShares National Muni Bond ETF in 2025 Q1 according to their latest regulatory filings, with 120 funds opening new positions, 587 increasing their positions, 608 reducing their positions, and 115 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more first-time investments, than exits

New positions opened: 120 | Existing positions closed: 115

0.44% less ownership

Funds ownership: 89.52%89.08% (-0.44%)

3% less repeat investments, than reductions

Existing positions increased: 587 | Existing positions reduced: 608

2% less funds holding

Funds holding: 1,5231,498 (-25)

3% less funds holding in top 10

Funds holding in top 10: 121117 (-4)

5% less capital invested

Capital invested by funds: $37.3B → $35.3B (-$1.91B)

79% less call options, than puts

Call options by funds: $99.1M | Put options by funds: $467M

Holders
1,498
Holders Change
-25
Holders Change %
-1.64%
% of All Funds
20.08%
Holding in Top 10
117
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-3.31%
% of All Funds
1.57%
New
120
Increased
587
Reduced
608
Closed
115
Calls
$99.1M
Puts
$467M
Net Calls
-$368M
Net Calls Change
-$298M
Name Holding Trade Value Shares
Change
Change in
Stake
SWA
526
Safir Wealth Advisors
New Hampshire
$2.79M +$733K +6,890 +35%
AP
527
Americana Partners
Texas
$2.78M
PWM
528
Paulson Wealth Management
Illinois
$2.78M -$44.5K -418 -2%
AFG
529
Atomi Financial Group
New York
$2.78M -$3.17M -29,815 -53%
MAS
530
Meeder Advisory Services
Ohio
$2.78M -$81.2M -763,512 -97%
IWP
531
Insight Wealth Partners
Texas
$2.76M -$21.5K -202 -0.8%
LSA
532
Lansing Street Advisors
Pennsylvania
$2.73M +$859K +8,078 +45%
DA
533
Detalus Advisors
Missouri
$2.71M -$531K -4,993 -16%
PAG
534
Paladin Advisory Group
Iowa
$2.69M -$295K -2,776 -10%
BWP
535
BSW Wealth Partners
Colorado
$2.69M -$1.18M -11,072 -30%
CWM
536
Cornerstone Wealth Management
Missouri
$2.69M -$165K -1,552 -6%
OP
537
ORG Partners
Indiana
$2.67M -$1.39M -13,085 -34%
APC
538
Aspire Private Capital
North Carolina
$2.66M +$1.91M +17,938 +246%
LBC
539
Lowe Brockenbrough & Co
Virginia
$2.65M -$39.8K -374 -1%
WLIM
540
White Lighthouse Investment Management
Massachusetts
$2.65M -$218K -2,047 -8%
CCC
541
Compass Capital Corp
Massachusetts
$2.64M
WF
542
Wayfinding Financial
Washington
$2.64M +$192K +1,802 +8%
FTUS
543
Flow Traders U.S.
New York
$2.63M +$2.65M +24,954 New
BMWS
544
Brady Martz Wealth Solutions
North Dakota
$2.62M -$272K -2,560 -9%
VWM
545
Venturi Wealth Management
Texas
$2.61M +$246K +2,310 +10%
ARG
546
Advisory Resource Group
Oklahoma
$2.61M +$293K +2,758 +13%
SC
547
Stephenson & Company
California
$2.61M -$8.51K -80 -0.3%
SCA
548
Snowden Capital Advisors
New York
$2.6M -$8.29K -78 -0.3%
CCA
549
Checchi Capital Advisers
California
$2.59M +$667K +6,269 +34%
CPCP
550
Cedar Point Capital Partners
Iowa
$2.59M +$76.3K +717 +3%

MUB Hedge Fund Activity: Q1 2025 in Review

1,498 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q1 2025, worth a combined $35.3B — down 5.1% from $37.3B a quarter earlier.

Buyers outnumbered sellers: 120 funds opened new MUB positions and 115 closed out — a net gain of 5 holders — while 587 added to existing stakes and 608 trimmed.

The largest buyer was D.E. Shaw & Co, adding an estimated $196M. The largest seller was Bank of America, cutting an estimated $217M.

  • 1,498 institutional investors held iShares National Muni Bond ETF (MUB) as of Q1 2025, down from 1,523 in Q4 2024.
  • Funds reported $35.3B of iShares National Muni Bond ETF stock for Q1 2025, down 5.1% quarter-over-quarter.
  • 120 funds opened new iShares National Muni Bond ETF positions in Q1 2025 and 115 closed out, a net change of +5 holders.
  • The largest iShares National Muni Bond ETF buyer in Q1 2025 was D.E. Shaw & Co, an estimated $196M added.
  • The largest iShares National Muni Bond ETF seller in Q1 2025 was Bank of America, an estimated $217M sold.

Based on aggregated 13F filings for Q1 2025.