iShares National Muni Bond ETF
1,205 hedge funds and large institutions have $28.1B invested in iShares National Muni Bond ETF in 2022 Q4 according to their latest regulatory filings, with 222 funds opening new positions, 473 increasing their positions, 410 reducing their positions, and 124 closing their positions.
79% more first-time investments, than exits
New positions opened: 222 | Existing positions closed: 124
28% more funds holding in top 10
Funds holding in top 10: 97 → 124 (+27)
26% more capital invested
Capital invested by funds: $22.2B → $28.1B (+$5.8B)
15% more repeat investments, than reductions
Existing positions increased: 473 | Existing positions reduced: 410
7% more funds holding
Funds holding: 1,129 → 1,205 (+76)
1.87% more ownership
Funds ownership: 81.09% → 82.96% (+1.9%)
26% less call options, than puts
Call options by funds: $8.71M | Put options by funds: $11.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$610M |
| 2 |
Bank of New York Mellon
New York
|
+$395M |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
+$372M |
| 4 |
Betterment LLC
New York
|
+$276M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$271M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$452M |
| 2 |
JP Morgan Chase
New York
|
-$283M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
-$132M |
| 4 |
AC
Allstate Corporation
Northbrook,
Illinois
|
-$104M |
| 5 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
-$72.2M |
MUB Hedge Fund Activity: Q4 2022 in Review
1,205 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q4 2022, worth a combined $28.1B — up 26% from $22.2B a quarter earlier.
Buyers outnumbered sellers: 222 funds opened new MUB positions and 124 closed out — a net gain of 98 holders — while 473 added to existing stakes and 410 trimmed.
The largest buyer was Bank of America, adding an estimated $610M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $452M.
- 1,205 institutional investors held iShares National Muni Bond ETF (MUB) as of Q4 2022, up from 1,129 in Q3 2022.
- Funds reported $28.1B of iShares National Muni Bond ETF stock for Q4 2022, up 26% quarter-over-quarter.
- 222 funds opened new iShares National Muni Bond ETF positions in Q4 2022 and 124 closed out, a net change of +98 holders.
- The largest iShares National Muni Bond ETF buyer in Q4 2022 was Bank of America, an estimated $610M added.
- The largest iShares National Muni Bond ETF seller in Q4 2022 was Charles Schwab Investment Advisory, an estimated $452M sold.
Based on aggregated 13F filings for Q4 2022.