iShares National Muni Bond ETF
333 hedge funds and large institutions have $3.63B invested in iShares National Muni Bond ETF in 2015 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 170 increasing their positions, 62 reducing their positions, and 19 closing their positions.
221% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 19
174% more repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 62
77% more call options, than puts
Call options by funds: $3.75M | Put options by funds: $2.12M
18% more capital invested
Capital invested by funds: $3.07B → $3.63B (+$558M)
13% more funds holding
Funds holding: 296 → 333 (+37)
5% more funds holding in top 10
Funds holding in top 10: 22 → 23 (+1)
3.9% more ownership
Funds ownership: 57.45% → 61.34% (+3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$91.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$50.3M |
| 3 |
LPL Financial
San Diego,
California
|
+$40.6M |
| 4 |
Betterment LLC
New York
|
+$40.2M |
| 5 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$36.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Ally Financial
Detroit,
Michigan
|
-$98.6M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$15.8M |
| 3 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$5.01M |
| 4 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$4.82M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$4.15M |
MUB Hedge Fund Activity: Q4 2015 in Review
333 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q4 2015, worth a combined $3.63B — up 18% from $3.07B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new MUB positions and 19 closed out — a net gain of 42 holders — while 170 added to existing stakes and 62 trimmed.
The largest buyer was Bank of America, adding an estimated $91.8M. The largest seller was Ally Financial, exiting entirely with an estimated $98.6M sold.
- 333 institutional investors held iShares National Muni Bond ETF (MUB) as of Q4 2015, up from 296 in Q3 2015.
- Funds reported $3.63B of iShares National Muni Bond ETF stock for Q4 2015, up 18% quarter-over-quarter.
- 61 funds opened new iShares National Muni Bond ETF positions in Q4 2015 and 19 closed out, a net change of +42 holders.
- The largest iShares National Muni Bond ETF buyer in Q4 2015 was Bank of America, an estimated $91.8M added.
- The largest iShares National Muni Bond ETF seller in Q4 2015 was Ally Financial, an estimated $98.6M sold.
Based on aggregated 13F filings for Q4 2015.