iShares National Muni Bond ETF
524 hedge funds and large institutions have $6.63B invested in iShares National Muni Bond ETF in 2017 Q4 according to their latest regulatory filings, with 110 funds opening new positions, 232 increasing their positions, 113 reducing their positions, and 29 closing their positions.
279% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 29
105% more repeat investments, than reductions
Existing positions increased: 232 | Existing positions reduced: 113
17% more funds holding
Funds holding: 446 → 524 (+78)
13% more funds holding in top 10
Funds holding in top 10: 32 → 36 (+4)
10% more capital invested
Capital invested by funds: $6B → $6.63B (+$624M)
2.37% more ownership
Funds ownership: 66.82% → 69.19% (+2.4%)
94% less call options, than puts
Call options by funds: $233K | Put options by funds: $3.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$181M |
| 2 |
Betterment LLC
New York
|
+$93.5M |
| 3 |
JP Morgan Chase
New York
|
+$68.6M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$49.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$30M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
W
Wealthfront
Palo Alto,
California
|
-$119M |
| 2 |
BlackRock
New York
|
-$110M |
| 3 |
Nisa Investment Advisors
St. Louis,
Missouri
|
-$12M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$10.3M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$9.72M |
MUB Hedge Fund Activity: Q4 2017 in Review
524 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q4 2017, worth a combined $6.63B — up 10% from $6B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new MUB positions and 29 closed out — a net gain of 81 holders — while 232 added to existing stakes and 113 trimmed.
The largest buyer was Bank of America, adding an estimated $181M. The largest seller was Wealthfront, cutting an estimated $119M.
- 524 institutional investors held iShares National Muni Bond ETF (MUB) as of Q4 2017, up from 446 in Q3 2017.
- Funds reported $6.63B of iShares National Muni Bond ETF stock for Q4 2017, up 10% quarter-over-quarter.
- 110 funds opened new iShares National Muni Bond ETF positions in Q4 2017 and 29 closed out, a net change of +81 holders.
- The largest iShares National Muni Bond ETF buyer in Q4 2017 was Bank of America, an estimated $181M added.
- The largest iShares National Muni Bond ETF seller in Q4 2017 was Wealthfront, an estimated $119M sold.
Based on aggregated 13F filings for Q4 2017.