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iShares National Muni Bond ETF

397 hedge funds and large institutions have $4.61B invested in iShares National Muni Bond ETF in 2016 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 201 increasing their positions, 92 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

118% more repeat investments, than reductions

Existing positions increased: 201 | Existing positions reduced: 92

91% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 22

7% more funds holding in top 10

Funds holding in top 10: 2830 (+2)

5% more funds holding

Funds holding: 378397 (+19)

4% more capital invested

Capital invested by funds: $4.44B → $4.61B (+$166M)

3% less call options, than puts

Call options by funds: $3.52M | Put options by funds: $3.62M

2.12% less ownership

Funds ownership: 61.02%58.9% (-2.1%)

Holders
397
Holders Change
+19
Holders Change %
+5.03%
% of All Funds
10.59%
Holding in Top 10
30
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+7.14%
% of All Funds
0.8%
New
42
Increased
201
Reduced
92
Closed
22
Calls
$3.52M
Puts
$3.62M
Net Calls
-$106K
Net Calls Change
+$1.8M
Name Holding Trade Value Shares
Change
Change in
Stake
BA
101
Boston Advisors
Massachusetts
$4M +$1.07M +9,403 +36%
SF
102
Synovus Financial
Georgia
$3.86M +$23.8K +210 +0.6%
CB
103
Commerce Bank
Missouri
$3.83M -$848K -7,480 -18%
CIA
104
Capital Investment Advisors
Georgia
$3.8M +$15.1K +133 +0.4%
EWM
105
Empirical Wealth Management
Washington
$3.77M -$221K -1,951 -6%
CCG
106
Chatham Capital Group
Georgia
$3.71M -$28.3K -250 -0.8%
CCA
107
Clearwater Capital Advisors
Illinois
$3.71M +$402K +3,547 +12%
EA
108
Efficient Advisors
Ohio
$3.67M +$2.51M +22,190 +214%
OC
109
Oppenheimer & Co
New York
$3.58M -$213K -1,884 -6%
Cetera Investment Advisers
110
Cetera Investment Advisers
Illinois
$3.53M +$2.11M +18,599 +146%
KeyBank National Association
111
KeyBank National Association
Ohio
$3.53M +$2.83K +25 +0.1%
CIM
112
Confluence Investment Management
Missouri
$3.52M +$738K +6,513 +26%
JIR
113
James Investment Research
Ohio
$3.46M -$5.67K -50 -0.2%
CIM
114
Cetera Investment Management
California
$3.45M -$5.55K -49 -0.2%
KFA
115
Kays Financial Advisory
Georgia
$3.37M +$19.3K +170 +0.6%
HI
116
Horizon Investments
North Carolina
$3.36M -$150K -1,328 -4%
Janney Montgomery Scott
117
Janney Montgomery Scott
Pennsylvania
$3.35M -$2.46M -21,714 -42%
USAA
118
United Services Automobile Association
Texas
$3.35M +$3.36M +29,696 New
IH
119
IFC Holdings
Florida
$3.3M -$306K -2,701 -8%
IA
120
IFP Advisors
Florida
$3.28M -$48.5K -428 -1%
RIA
121
Regal Investment Advisors
Michigan
$3.22M +$388K +3,427 +14%
PA
122
Pinnacle Associates
New York
$3.2M +$253K +2,235 +9%
AL
123
Aspiriant LLC
California
$3.19M +$1.39M +12,277 +77%
CCM
124
Colorado Capital Management
Colorado
$3.18M +$407K +3,594 +15%
William Blair & Company
125
William Blair & Company
Illinois
$3.1M -$148K -1,303 -5%

MUB Hedge Fund Activity: Q3 2016 in Review

397 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q3 2016, worth a combined $4.61B — up 3.7% from $4.44B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new MUB positions and 22 closed out — a net gain of 20 holders — while 201 added to existing stakes and 92 trimmed.

The largest buyer was Betterment LLC, adding an estimated $74.6M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $113M.

  • 397 institutional investors held iShares National Muni Bond ETF (MUB) as of Q3 2016, up from 378 in Q2 2016.
  • Funds reported $4.61B of iShares National Muni Bond ETF stock for Q3 2016, up 3.7% quarter-over-quarter.
  • 42 funds opened new iShares National Muni Bond ETF positions in Q3 2016 and 22 closed out, a net change of +20 holders.
  • The largest iShares National Muni Bond ETF buyer in Q3 2016 was Betterment LLC, an estimated $74.6M added.
  • The largest iShares National Muni Bond ETF seller in Q3 2016 was Northwestern Mutual Wealth Management, an estimated $113M sold.

Based on aggregated 13F filings for Q3 2016.