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iShares National Muni Bond ETF

1,535 hedge funds and large institutions have $34.3B invested in iShares National Muni Bond ETF in 2025 Q3 according to their latest regulatory filings, with 118 funds opening new positions, 667 increasing their positions, 571 reducing their positions, and 93 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more call options, than puts

Call options by funds: $526M | Put options by funds: $347M

27% more first-time investments, than exits

New positions opened: 118 | Existing positions closed: 93

17% more repeat investments, than reductions

Existing positions increased: 667 | Existing positions reduced: 571

0% less funds holding

Funds holding: 1,5361,535 (-1)

1% less capital invested

Capital invested by funds: $34.5B → $34.3B (-$186M)

3.46% less ownership

Funds ownership: 89.18%85.71% (-3.5%)

10% less funds holding in top 10

Funds holding in top 10: 10695 (-11)

Holders
1,535
Holders Change
-1
Holders Change %
-0.07%
% of All Funds
20.15%
Holding in Top 10
95
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-10.38%
% of All Funds
1.25%
New
118
Increased
667
Reduced
571
Closed
93
Calls
$526M
Puts
$347M
Net Calls
+$179M
Net Calls Change
-$188M
Name Holding Trade Value Shares
Change
Change in
Stake
CPW
951
Catalyst Private Wealth
California
$741K
NFG
952
Nations Financial Group
Iowa
$741K +$9.73K +93 +1%
ATS
953
Ashton Thomas Securities
New York
$739K +$727K +6,944 New
RPA
954
Rock Point Advisors
Vermont
$739K +$174K +1,661 +31%
FA
955
FF Advisors
California
$736K -$33.6K -321 -4%
SCP
956
Stevens Capital Partners
Nebraska
$735K -$17.9K -171 -2%
MWM
957
MorganRosel Wealth Management
Colorado
$732K +$24.3K +232 +3%
RIM
958
Rockbridge Investment Management
New York
$732K
RTC
959
Real Talk Capital
Tennessee
$732K +$2.51K +24 +0.4%
MLM
960
Mount Lucas Management
Pennsylvania
$730K +$717K +6,856 New
CFGA
961
Cambridge Financial Group (Arizona)
Arizona
$723K +$711K +6,794 New
NRI
962
NFP Retirement Inc
California
$723K -$31.9K -305 -4%
KW
963
Keyvantage Wealth
Pennsylvania
$722K -$7.01K -67 -1%
FSA
964
Financial Sense Advisors
California
$716K -$1.99K -19 -0.3%
APWM
965
Argonautica Private Wealth Management
Massachusetts
$707K +$6.38K +61 +0.9%
TPA
966
Trivium Point Advisory
Connecticut
$700K -$206K -1,968 -23%
BAM
967
Berkshire Asset Management
Pennsylvania
$700K -$136K -1,300 -17%
SMC
968
Smith, Moore & Co
Missouri
$696K +$3.35K +32 +0.5%
SC
969
Sykon Capital
New York
$694K +$682K +6,514 New
T. Rowe Price Associates
970
T. Rowe Price Associates
Maryland
$693K
I
971
INVST
Indiana
$690K +$66.8K +638 +11%
BF
972
Bonfire Financial
Colorado
$690K +$371K +3,542 +121%
GWM
973
Graybill Wealth Management
Illinois
$688K +$10.5K +100 +2%
GAMC
974
Garner Asset Management Corp
Texas
$673K +$441K +4,217 +201%
CCB
975
Country Club Bank
Missouri
$672K -$57K -545 -8%