iShares National Muni Bond ETF
671 hedge funds and large institutions have $10.3B invested in iShares National Muni Bond ETF in 2019 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 316 increasing their positions, 175 reducing their positions, and 32 closing their positions.
91% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 32
81% more repeat investments, than reductions
Existing positions increased: 316 | Existing positions reduced: 175
9% more capital invested
Capital invested by funds: $9.49B → $10.3B (+$853M)
4% more funds holding
Funds holding: 648 → 671 (+23)
0.87% less ownership
Funds ownership: 72.69% → 71.83% (-0.87%)
2% less funds holding in top 10
Funds holding in top 10: 52 → 51 (-1)
88% less call options, than puts
Call options by funds: $331K | Put options by funds: $2.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$292M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$102M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$78.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$64.1M |
| 5 |
Financial Engines Advisors
Santa Clara,
California
|
+$38.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$140M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$44.5M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$24.8M |
| 4 |
AWA
Alaska Wealth Advisors
Anchorage,
Alaska
|
-$22.3M |
| 5 |
SG Americas Securities
New York
|
-$15.3M |
MUB Hedge Fund Activity: Q3 2019 in Review
671 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q3 2019, worth a combined $10.3B — up 9% from $9.49B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new MUB positions and 32 closed out — a net gain of 29 holders — while 316 added to existing stakes and 175 trimmed.
The largest buyer was BlackRock, adding an estimated $292M. The largest seller was Wells Fargo, cutting an estimated $140M.
- 671 institutional investors held iShares National Muni Bond ETF (MUB) as of Q3 2019, up from 648 in Q2 2019.
- Funds reported $10.3B of iShares National Muni Bond ETF stock for Q3 2019, up 9% quarter-over-quarter.
- 61 funds opened new iShares National Muni Bond ETF positions in Q3 2019 and 32 closed out, a net change of +29 holders.
- The largest iShares National Muni Bond ETF buyer in Q3 2019 was BlackRock, an estimated $292M added.
- The largest iShares National Muni Bond ETF seller in Q3 2019 was Wells Fargo, an estimated $140M sold.
Based on aggregated 13F filings for Q3 2019.