iShares National Muni Bond ETF
842 hedge funds and large institutions have $12.6B invested in iShares National Muni Bond ETF in 2020 Q2 according to their latest regulatory filings, with 101 funds opening new positions, 363 increasing their positions, 246 reducing their positions, and 69 closing their positions.
305% more call options, than puts
Call options by funds: $217M | Put options by funds: $53.6M
48% more repeat investments, than reductions
Existing positions increased: 363 | Existing positions reduced: 246
46% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 69
16% more capital invested
Capital invested by funds: $10.9B → $12.6B (+$1.71B)
3% more funds holding
Funds holding: 817 → 842 (+25)
1.92% more ownership
Funds ownership: 70.66% → 72.58% (+1.9%)
2% less funds holding in top 10
Funds holding in top 10: 87 → 85 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$226M |
| 2 |
Financial Engines Advisors
Santa Clara,
California
|
+$132M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$130M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$125M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$108M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$47.3M |
| 2 |
HHGA
Halbert Hargrove Global Advisors
Long Beach,
California
|
-$44.3M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$43.8M |
| 4 |
AC
Athanor Capital
New York
|
-$38.4M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$31M |
MUB Hedge Fund Activity: Q2 2020 in Review
842 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q2 2020, worth a combined $12.6B — up 16% from $10.9B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new MUB positions and 69 closed out — a net gain of 32 holders — while 363 added to existing stakes and 246 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $226M. The largest seller was Silver Point Capital, exiting entirely with an estimated $47.3M sold.
- 842 institutional investors held iShares National Muni Bond ETF (MUB) as of Q2 2020, up from 817 in Q1 2020.
- Funds reported $12.6B of iShares National Muni Bond ETF stock for Q2 2020, up 16% quarter-over-quarter.
- 101 funds opened new iShares National Muni Bond ETF positions in Q2 2020 and 69 closed out, a net change of +32 holders.
- The largest iShares National Muni Bond ETF buyer in Q2 2020 was Jane Street, an estimated $226M added.
- The largest iShares National Muni Bond ETF seller in Q2 2020 was Silver Point Capital, an estimated $47.3M sold.
Based on aggregated 13F filings for Q2 2020.