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iShares National Muni Bond ETF

397 hedge funds and large institutions have $4.61B invested in iShares National Muni Bond ETF in 2016 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 201 increasing their positions, 92 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

118% more repeat investments, than reductions

Existing positions increased: 201 | Existing positions reduced: 92

91% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 22

7% more funds holding in top 10

Funds holding in top 10: 2830 (+2)

5% more funds holding

Funds holding: 378397 (+19)

4% more capital invested

Capital invested by funds: $4.44B → $4.61B (+$166M)

3% less call options, than puts

Call options by funds: $3.52M | Put options by funds: $3.62M

2.12% less ownership

Funds ownership: 61.02%58.9% (-2.1%)

Holders
397
Holders Change
+19
Holders Change %
+5.03%
% of All Funds
10.59%
Holding in Top 10
30
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+7.14%
% of All Funds
0.8%
New
42
Increased
201
Reduced
92
Closed
22
Calls
$3.52M
Puts
$3.62M
Net Calls
-$106K
Net Calls Change
+$1.8M
Name Holding Trade Value Shares
Change
Change in
Stake
BPC
51
Banque Pictet & Cie
Switzerland
$10.1M
PNAA
52
Pictet North America Advisors
Switzerland
$10.1M
AWMG
53
Alliance Wealth Management Group
New Jersey
$10M +$10.1M +88,969 New
BWAM
54
Boyd Watterson Asset Management
Ohio
$9.94M +$706K +6,235 +8%
SWP
55
Stratos Wealth Partners
Ohio
$9.29M +$1.86M +16,418 +25%
CISOA
56
Capital Investment Services of America
Wisconsin
$9.1M
Bank of Montreal
57
Bank of Montreal
Ontario, Canada
$9.01M +$19K +168 +0.2%
AIM
58
Allen Investment Management
New York
$8.47M
Bank of New York Mellon
59
Bank of New York Mellon
New York
$8.27M +$1.67M +14,738 +25%
CFMC
60
Curbstone Financial Management Corp
New Hampshire
$8.22M +$176K +1,550 +2%
BCI
61
Brinker Capital Investments
Pennsylvania
$8.03M +$105K +927 +1%
3AM
62
3D Asset Management
Connecticut
$7.95M +$394K +3,480 +5%
PAG
63
Private Advisor Group
New Jersey
$7.72M +$1.16M +10,271 +18%
MA
64
MCF Advisors
Kentucky
$7.19M +$338K +2,985 +5%
LYV
65
Live Your Vision
Pennsylvania
$7.05M -$1.79M -15,757 -20%
AWMS
66
Advocacy Wealth Management Services
Georgia
$6.96M +$2.31M +20,361 +49%
NPC
67
National Planning Corporation
California
$6.92M -$208K -1,834 -3%
WRF
68
Waddell & Reed Financial
Kansas
$6.78M
AG
69
Advisor Group
Arizona
$6.77M -$192K -1,698 -3%
HI
70
Hudock Inc
Pennsylvania
$6.75M +$209K +1,845 +3%
HighTower Advisors
71
HighTower Advisors
Illinois
$6.73M +$1.03M +9,099 +18%
Cambridge Investment Research Advisors
72
Cambridge Investment Research Advisors
Iowa
$6.7M -$75.8K -669 -1%
PAMG
73
Patton Albertson Miller Group
Tennessee
$6.57M -$1.18M -10,430 -15%
PTC
74
Philadelphia Trust Company
Pennsylvania
$6.5M +$2.37M +20,875 +57%
LTFS
75
Ladenburg Thalmann Financial Services
Florida
$6.48M +$1.02M +8,968 +18%

MUB Hedge Fund Activity: Q3 2016 in Review

397 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q3 2016, worth a combined $4.61B — up 3.7% from $4.44B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new MUB positions and 22 closed out — a net gain of 20 holders — while 201 added to existing stakes and 92 trimmed.

The largest buyer was Betterment LLC, adding an estimated $74.6M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $113M.

  • 397 institutional investors held iShares National Muni Bond ETF (MUB) as of Q3 2016, up from 378 in Q2 2016.
  • Funds reported $4.61B of iShares National Muni Bond ETF stock for Q3 2016, up 3.7% quarter-over-quarter.
  • 42 funds opened new iShares National Muni Bond ETF positions in Q3 2016 and 22 closed out, a net change of +20 holders.
  • The largest iShares National Muni Bond ETF buyer in Q3 2016 was Betterment LLC, an estimated $74.6M added.
  • The largest iShares National Muni Bond ETF seller in Q3 2016 was Northwestern Mutual Wealth Management, an estimated $113M sold.

Based on aggregated 13F filings for Q3 2016.