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
ACP
626
Aveo Capital Partners
Colorado
$1.93M +$1.13M +10,622 +135%
SJGA
627
Stephen J. Garry & Associates
New York
$1.93M +$116K +1,090 +6%
MSFS
628
Main Street Financial Solutions
Pennsylvania
$1.93M +$32.6K +307 +2%
FWP
629
FAS Wealth Partners
Kansas
$1.92M +$169K +1,590 +10%
UB
630
Umpqua Bank
Oregon
$1.92M -$10.6K -100 -0.5%
KWS
631
Keystone Wealth Services
California
$1.91M -$20.6K -194 -1%
RA
632
Riversedge Advisors
Delaware
$1.9M -$490K -4,603 -20%
Millennium Management
633
Millennium Management
New York
$1.88M +$1.64M +15,416 +646%
CA
634
Crumly & Associates
Illinois
$1.86M +$50.4K +474 +3%
EFN
635
Equita Financial Network
Pennsylvania
$1.86M -$5.75M -54,087 -75%
CWG
636
Cornerstone Wealth Group
North Carolina
$1.85M +$85.8K +807 +5%
OWA
637
Oak Wealth Advisors
Illinois
$1.84M -$739K -6,945 -29%
LWM
638
LJI Wealth Management
Indiana
$1.83M +$3.83K +36 +0.2%
TA
639
TPG Advisors
Illinois
$1.83M -$295K -2,773 -14%
SFP
640
Sterling Financial Planning
New Jersey
$1.82M -$638K -5,996 -26%
CWA
641
Canvas Wealth Advisors
Kansas
$1.81M +$337K +3,166 +22%
KPP
642
Kings Path Partners
Texas
$1.8M -$177K -1,668 -9%
HI
643
Harbour Investments
Wisconsin
$1.8M -$508K -4,776 -22%
BWP
644
Bernardo Wealth Planning
Pennsylvania
$1.8M +$13.8K +130 +0.8%
EB
645
Emprise Bank
Kansas
$1.8M +$1.81M +17,037 New
FDDB
646
Fidelity D&D Bancorp
Pennsylvania
$1.79M -$612K -5,750 -25%
LCM
647
Liberty Capital Management
Michigan
$1.78M
CA
648
Cannon Advisors
North Carolina
$1.77M -$3.3K -31 -0.2%
C
649
Croban
Ohio
$1.77M +$175K +1,642 +11%
PFPT
650
Pinnacle Financial Partners (Tennessee)
Tennessee
$1.76M -$41.7K -392 -2%

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.