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.
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: 101 → 114 (+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: 1,218 → 1,221 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
+$798M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$447M |
| 3 |
CC
Centiva Capital
New York
|
+$255M |
| 4 |
JP Morgan Chase
New York
|
+$222M |
| 5 |
AC
Allstate Corporation
Northbrook,
Illinois
|
+$205M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$497M |
| 2 |
Barclays
London,
United Kingdom
|
-$46.2M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
-$39.4M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$32.1M |
| 5 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
-$29.1M |
MUB Hedge Fund Activity: Q3 2023 in Review
1,221 of the 6,302 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.