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iShares National Muni Bond ETF

1,629 hedge funds and large institutions have $37.8B invested in iShares National Muni Bond ETF in 2026 Q1 according to their latest regulatory filings, with 120 funds opening new positions, 790 increasing their positions, 504 reducing their positions, and 90 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 790 | Existing positions reduced: 504

33% more first-time investments, than exits

New positions opened: 120 | Existing positions closed: 90

1.73% more ownership

Funds ownership: 86.94%88.67% (+1.7%)

5% more capital invested

Capital invested by funds: $36.1B → $37.8B (+$1.66B)

0% more funds holding

Funds holding: 1,6291,629 (0)

6% less funds holding in top 10

Funds holding in top 10: 10195 (-6)

56% less call options, than puts

Call options by funds: $131M | Put options by funds: $300M

Holders
1,629
Holders Change
Holders Change %
0%
% of All Funds
19.93%
Holding in Top 10
95
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-5.94%
% of All Funds
1.16%
New
120
Increased
790
Reduced
504
Closed
90
Calls
$131M
Puts
$300M
Net Calls
-$169M
Net Calls Change
-$151M
Name Holding Trade Value Shares
Change
Change in
Stake
OIA
51
OneDigital Investment Advisors
Kansas
$89.5M +$7.45M +69,244 +9%
OFG
52
Oxford Financial Group
Indiana
$88.1M -$648K -6,029 -0.7%
BCI
53
Brinker Capital Investments
Pennsylvania
$82.9M +$310K +2,883 +0.4%
AWM
54
Angeles Wealth Management
California
$81.5M +$6.94M +64,588 +9%
BPA
55
Beacon Pointe Advisors
California
$80.3M +$13.1M +122,299 +19%
Carson Wealth (CWM LLC)
56
Carson Wealth (CWM LLC)
Nebraska
$79.8M +$6.85M +63,676 +9%
CIA
57
Choate Investment Advisors
Massachusetts
$76.2M -$48.1M -447,758 -38%
Rockefeller Capital Management
58
Rockefeller Capital Management
New York
$75M +$6.16M +57,329 +9%
OSAM
59
O'Shaughnessy Asset Management
Connecticut
$69.2M +$16M +149,201 +30%
BlackRock
60
BlackRock
New York
$69.1M +$46.5M +432,320 +198%
Bessemer Group
61
Bessemer Group
New Jersey
$68.7M -$4.33M -40,237 -6%
PCIA
62
Prime Capital Investment Advisors
Kansas
$68.6M +$145K +1,348 +0.2%
Stifel Financial
63
Stifel Financial
Missouri
$67.5M +$1.8M +16,733 +3%
FMWA
64
Forvis Mazars Wealth Advisors
Missouri
$67.3M +$292K +2,714 +0.4%
SW
65
SoFi Wealth
California
$65.9M -$1.17M -10,892 -2%
UCFA
66
United Capital Financial Advisors
Texas
$65.1M +$2.8M +26,067 +4%
State of Wisconsin Investment Board
67
State of Wisconsin Investment Board
Wisconsin
$64.5M
Financial Engines Advisors
68
Financial Engines Advisors
California
$61.5M -$2.16M -20,096 -3%
CAG
69
Crestwood Advisors Group
Massachusetts
$60.1M +$3.34M +31,036 +6%
Bank of Montreal
70
Bank of Montreal
Ontario, Canada
$59.4M -$1.43M -13,292 -2%
FG
71
Foster Group
Iowa
$57.6M +$5.5M +51,191 +10%
Fifth Third Bancorp
72
Fifth Third Bancorp
Ohio
$57M +$45.7M +424,640 +378%
CCWA
73
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$56.8M -$5.04M -46,890 -8%
FFA
74
Farther Finance Advisors
California
$56.6M +$6.05M +56,222 +12%
DWM
75
Dynasty Wealth Management
Florida
$55.9M +$8.74M +81,251 +18%

MUB Hedge Fund Activity: Q1 2026 in Review

1,629 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q1 2026, worth a combined $37.8B — up 4.6% from $36.1B a quarter earlier.

Buyers outnumbered sellers: 120 funds opened new MUB positions and 90 closed out — a net gain of 30 holders — while 790 added to existing stakes and 504 trimmed.

The largest buyer was UBS Group, adding an estimated $557M. The largest seller was TIAA Trust, National Association, cutting an estimated $587M.

  • 1,629 institutional investors held iShares National Muni Bond ETF (MUB) as of Q1 2026, unchanged from Q4 2025.
  • Funds reported $37.8B of iShares National Muni Bond ETF stock for Q1 2026, up 4.6% quarter-over-quarter.
  • 120 funds opened new iShares National Muni Bond ETF positions in Q1 2026 and 90 closed out, a net change of +30 holders.
  • The largest iShares National Muni Bond ETF buyer in Q1 2026 was UBS Group, an estimated $557M added.
  • The largest iShares National Muni Bond ETF seller in Q1 2026 was TIAA Trust, National Association, an estimated $587M sold.

Based on aggregated 13F filings for Q1 2026.