iShares National Muni Bond ETF
233 hedge funds and large institutions have $1.73B invested in iShares National Muni Bond ETF in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 87 increasing their positions, 78 reducing their positions, and 24 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 78
1% more capital invested
Capital invested by funds: $1.7B → $1.73B (+$24.6M)
0.02% more ownership
Funds ownership: 52.22% → 52.24% (+0.02%)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
2% less funds holding
Funds holding: 238 → 233 (-5)
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
95% less call options, than puts
Call options by funds: $995K | Put options by funds: $21.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$23.1M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$17.4M |
| 3 |
CP
Corbenic Partners
Bethlehem,
Pennsylvania
|
+$6.73M |
| 4 |
Morgan Stanley
New York
|
+$5.03M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$4.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$59.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$24M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$13.5M |
| 4 |
Jane Street
New York
|
-$13.3M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$9.48M |
MUB Hedge Fund Activity: Q1 2014 in Review
233 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q1 2014, worth a combined $1.73B — up 1.4% from $1.7B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MUB and 20 opened new positions — a net loss of 4 holders — while 78 trimmed existing stakes and 87 added.
The largest buyer was Wells Fargo, adding an estimated $23.1M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $59.2M sold.
- 233 institutional investors held iShares National Muni Bond ETF (MUB) as of Q1 2014, down from 238 in Q4 2013.
- Funds reported $1.73B of iShares National Muni Bond ETF stock for Q1 2014, up 1.4% quarter-over-quarter.
- 20 funds opened new iShares National Muni Bond ETF positions in Q1 2014 and 24 closed out, a net change of -4 holders.
- The largest iShares National Muni Bond ETF buyer in Q1 2014 was Wells Fargo, an estimated $23.1M added.
- The largest iShares National Muni Bond ETF seller in Q1 2014 was Charles Schwab Investment Advisory, an estimated $59.2M sold.
Based on aggregated 13F filings for Q1 2014.