We are live on ! Find out more
MUB icon

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
RWS
576
Retirement Wealth Solutions
Wisconsin
$2.22M +$81.1K +763 +4%
MA
577
Mutual Advisors
Nebraska
$2.22M -$103K -971 -4%
PSCM
578
Per Stirling Capital Management
Texas
$2.21M -$1.14M -10,752 -34%
SIM
579
Synergy Investment Management
Florida
$2.21M -$64.4K -606 -3%
JJBC
580
James J. Burns & Company
New York
$2.2M +$37.3K +351 +2%
MWM
581
McNaughton Wealth Management
California
$2.19M -$326K -3,064 -13%
SP
582
SWS Partners
Ohio
$2.19M -$584K -5,487 -21%
GSIAS
583
Garden State Investment Advisory Services
New Jersey
$2.18M -$245K -2,302 -10%
VWA
584
Visionary Wealth Advisors
Illinois
$2.17M +$54.9K +516 +3%
PTC
585
Philadelphia Trust Company
Pennsylvania
$2.17M
NFP
586
Narus Financial Partners
Utah
$2.16M -$139K -1,308 -6%
JFG
587
Jefferies Financial Group
New York
$2.16M +$54.6K +513 +3%
FGWP
588
Founders Grove Wealth Partners
Virginia
$2.16M +$356K +3,346 +20%
WA
589
Wealth Alliance
New York
$2.15M -$673K -6,324 -24%
CGL
590
Clarius Group LLC
Washington
$2.15M -$1.32M -12,403 -38%
APW
591
Acima Private Wealth
Virginia
$2.15M +$81K +762 +4%
SFO
592
Stokes Family Office
Louisiana
$2.13M +$373K +3,505 +21%
GWM
593
Grand Wealth Management
Michigan
$2.13M -$61.6K -579 -3%
MCC
594
Money Concepts Capital
Florida
$2.11M -$119K -1,115 -5%
IA
595
IFG Advisors
Missouri
$2.11M +$491K +4,615 +30%
FAM
596
Forte Asset Management
New York
$2.1M -$334K -3,136 -14%
MWM
597
Maridea Wealth Management
New York
$2.1M -$131K -1,236 -6%
IA
598
IFG Advisory
Georgia
$2.1M +$272K +2,557 +15%
SWA
599
Strategies Wealth Advisors
Michigan
$2.1M -$22.3K -210 -1%
IC
600
IEQ Capital
California
$2.09M +$1.8M +16,886 +567%

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.