iShares National Muni Bond ETF
874 hedge funds and large institutions have $13.5B invested in iShares National Muni Bond ETF in 2020 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 446 increasing their positions, 212 reducing their positions, and 43 closing their positions.
110% more repeat investments, than reductions
Existing positions increased: 446 | Existing positions reduced: 212
100% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 43
7% more capital invested
Capital invested by funds: $12.6B → $13.5B (+$916M)
6% more funds holding in top 10
Funds holding in top 10: 85 → 90 (+5)
4% more funds holding
Funds holding: 842 → 874 (+32)
2.51% more ownership
Funds ownership: 72.58% → 75.09% (+2.5%)
73% less call options, than puts
Call options by funds: $13.4M | Put options by funds: $50.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$119M |
| 2 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
+$98.8M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$82.5M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$76.3M |
| 5 |
Betterment LLC
New York
|
+$68.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$127M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$92.4M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$34.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$32.3M |
| 5 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$17.4M |
MUB Hedge Fund Activity: Q3 2020 in Review
874 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q3 2020, worth a combined $13.5B — up 7.3% from $12.6B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new MUB positions and 43 closed out — a net gain of 43 holders — while 446 added to existing stakes and 212 trimmed.
The largest buyer was Bank of America, adding an estimated $119M. The largest seller was Jane Street, cutting an estimated $127M.
- 874 institutional investors held iShares National Muni Bond ETF (MUB) as of Q3 2020, up from 842 in Q2 2020.
- Funds reported $13.5B of iShares National Muni Bond ETF stock for Q3 2020, up 7.3% quarter-over-quarter.
- 86 funds opened new iShares National Muni Bond ETF positions in Q3 2020 and 43 closed out, a net change of +43 holders.
- The largest iShares National Muni Bond ETF buyer in Q3 2020 was Bank of America, an estimated $119M added.
- The largest iShares National Muni Bond ETF seller in Q3 2020 was Jane Street, an estimated $127M sold.
Based on aggregated 13F filings for Q3 2020.