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iShares National Muni Bond ETF

1,498 hedge funds and large institutions have $35.3B invested in iShares National Muni Bond ETF in 2025 Q1 according to their latest regulatory filings, with 120 funds opening new positions, 587 increasing their positions, 608 reducing their positions, and 115 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more first-time investments, than exits

New positions opened: 120 | Existing positions closed: 115

0.44% less ownership

Funds ownership: 89.52%89.08% (-0.44%)

3% less repeat investments, than reductions

Existing positions increased: 587 | Existing positions reduced: 608

2% less funds holding

Funds holding: 1,5231,498 (-25)

3% less funds holding in top 10

Funds holding in top 10: 121117 (-4)

5% less capital invested

Capital invested by funds: $37.3B → $35.3B (-$1.91B)

79% less call options, than puts

Call options by funds: $99.1M | Put options by funds: $467M

Holders
1,498
Holders Change
-25
Holders Change %
-1.64%
% of All Funds
20.08%
Holding in Top 10
117
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-3.31%
% of All Funds
1.57%
New
120
Increased
587
Reduced
608
Closed
115
Calls
$99.1M
Puts
$467M
Net Calls
-$368M
Net Calls Change
-$298M
Name Holding Trade Value Shares
Change
Change in
Stake
HAIM
801
Hunter Associates Investment Management
Pennsylvania
$1.05M
WB
802
Webster Bank
Connecticut
$1.05M -$5.11K -48 -0.5%
EIA
803
Edgemoor Investment Advisors
Maryland
$1.04M +$202K +1,900 +24%
VCA
804
Verdence Capital Advisors
Maryland
$1.04M -$30.5K -287 -3%
SFS
805
Sowell Financial Services
Arkansas
$1.04M +$1.05M +9,854 New
GPW
806
Gray Private Wealth
Massachusetts
$1.04M +$92.2K +867 +10%
ISFAN
807
Investor's Fiduciary Advisor Network
Washington
$1.04M +$49.7K +467 +5%
CMBA
808
C.M. Bidwell & Associates
Hawaii
$1.03M
LWANC
809
Laurel Wealth Advisors (North Carolina)
North Carolina
$1.03M +$38.6K +363 +4%
GLLW
810
Graves Light Lenhart Wealth
Virginia
$1.03M -$70.2K -660 -6%
DC
811
Davenport & Co
Virginia
$1.02M +$37.2K +350 +4%
CWM
812
Certus Wealth Management
California
$1.02M -$96.5K -907 -8%
TW
813
Transform Wealth
Colorado
$1.02M +$1.02M +9,635 New
WCP
814
Wealthcare Capital Partners
Pennsylvania
$1.02M -$141K -1,329 -12%
MFG
815
Magnus Financial Group
New York
$1.01M +$2.23K +21 +0.2%
Qube Research & Technologies (QRT)
816
Qube Research & Technologies (QRT)
United Kingdom
$1M +$69.6K +654 +7%
WAOI
817
Wealth Advisors of Iowa
Iowa
$1M +$440K +4,137 +77%
BWA
818
Bordeaux Wealth Advisors
California
$998K +$47.2K +444 +5%
CAL
819
Capital Advisors Ltd
Ohio
$992K -$14.6K -137 -1%
RWA
820
Redhawk Wealth Advisors
Minnesota
$991K -$14.9K -140 -1%
GT
821
Glenview Trust
Kentucky
$991K +$3.94K +37 +0.4%
MIS
822
Morningstar Investment Services
Illinois
$990K -$862K -8,106 -46%
BSB
823
Bangor Savings Bank
Maine
$988K
VAMG
824
Voisard Asset Management Group
Michigan
$988K +$4.04K +38 +0.4%
FCM
825
Family Capital Management
Michigan
$984K +$19.6K +184 +2%

MUB Hedge Fund Activity: Q1 2025 in Review

1,498 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q1 2025, worth a combined $35.3B — down 5.1% from $37.3B a quarter earlier.

Buyers outnumbered sellers: 120 funds opened new MUB positions and 115 closed out — a net gain of 5 holders — while 587 added to existing stakes and 608 trimmed.

The largest buyer was D.E. Shaw & Co, adding an estimated $196M. The largest seller was Bank of America, cutting an estimated $217M.

  • 1,498 institutional investors held iShares National Muni Bond ETF (MUB) as of Q1 2025, down from 1,523 in Q4 2024.
  • Funds reported $35.3B of iShares National Muni Bond ETF stock for Q1 2025, down 5.1% quarter-over-quarter.
  • 120 funds opened new iShares National Muni Bond ETF positions in Q1 2025 and 115 closed out, a net change of +5 holders.
  • The largest iShares National Muni Bond ETF buyer in Q1 2025 was D.E. Shaw & Co, an estimated $196M added.
  • The largest iShares National Muni Bond ETF seller in Q1 2025 was Bank of America, an estimated $217M sold.

Based on aggregated 13F filings for Q1 2025.