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iShares National Muni Bond ETF

1,498 hedge funds and large institutions have $35.3B invested in iShares National Muni Bond ETF in 2025 Q1 according to their latest regulatory filings, with 120 funds opening new positions, 587 increasing their positions, 608 reducing their positions, and 115 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more first-time investments, than exits

New positions opened: 120 | Existing positions closed: 115

0.44% less ownership

Funds ownership: 89.52%89.08% (-0.44%)

3% less repeat investments, than reductions

Existing positions increased: 587 | Existing positions reduced: 608

2% less funds holding

Funds holding: 1,5231,498 (-25)

3% less funds holding in top 10

Funds holding in top 10: 121117 (-4)

5% less capital invested

Capital invested by funds: $37.3B → $35.3B (-$1.91B)

79% less call options, than puts

Call options by funds: $99.1M | Put options by funds: $467M

Holders
1,498
Holders Change
-25
Holders Change %
-1.64%
% of All Funds
20.08%
Holding in Top 10
117
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-3.31%
% of All Funds
1.57%
New
120
Increased
587
Reduced
608
Closed
115
Calls
$99.1M
Puts
$467M
Net Calls
-$368M
Net Calls Change
-$298M
Name Holding Trade Value Shares
Change
Change in
Stake
MA
1451
Montag & Associates
Georgia
$20.8K
GEA
1452
Glen Eagle Advisors
New Jersey
$19.5K -$24K -226 -55%
HC
1453
Hurley Capital
New York
$18.1K
YDMI
1454
Y.D. More Investments
Israel
$16.9K
NMG
1455
New Millennium Group
Utah
$15.6K -$15.2K -143 -49%
HIW
1456
Holos Integrated Wealth
Pennsylvania
$15.2K
HWA
1457
HHM Wealth Advisors
Tennessee
$15.1K +$15.2K +143 New
IWM
1458
IMG Wealth Management
Florida
$14.1K +$14.3K +134 New
KGP
1459
Keystone Global Partners
Colorado
$13K +$13.1K +123 New
VWM
1460
Valley Wealth Managers
New Jersey
$12.5K -$4.04K -38 -24%
AIC
1461
Archer Investment Corporation
Indiana
$12.4K
PGAM
1462
Princeton Global Asset Management
New Jersey
$12.4K -$46.2K -434 -79%
T
1463
Tidemark
California
$11.8K
BL
1464
BFSG LLC
California
$10.5K
VCM
1465
Viewpoint Capital Management
Washington
$10.5K
SRCM
1466
Signature Resources Capital Management
California
$8.65K
TH
1467
TCTC Holdings
Texas
$7.91K
WPA
1468
Wealth Preservation Advisors
Tennessee
$7.38K +$7.44K +70 New
TFA
1469
Transamerica Financial Advisors
Florida
$7K -$851 -8 -11%
PWMG
1470
Prestige Wealth Management Group
New Jersey
$5.91K
BOJHT
1471
Bank of Jackson Hole Trust
Wyoming
$5.38K
HR
1472
Howe & Rusling
New York
$5.27K +$3.83K +36 +257%
PC
1473
Promus Capital
Illinois
$5.06K
SAS
1474
Spurstone Advisory Services
Connecticut
$4.85K
NRC
1475
New Republic Capital
North Carolina
$4.43K -$115K -1,083 -96%

MUB Hedge Fund Activity: Q1 2025 in Review

1,498 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q1 2025, worth a combined $35.3B — down 5.1% from $37.3B a quarter earlier.

Buyers outnumbered sellers: 120 funds opened new MUB positions and 115 closed out — a net gain of 5 holders — while 587 added to existing stakes and 608 trimmed.

The largest buyer was D.E. Shaw & Co, adding an estimated $196M. The largest seller was Bank of America, cutting an estimated $217M.

  • 1,498 institutional investors held iShares National Muni Bond ETF (MUB) as of Q1 2025, down from 1,523 in Q4 2024.
  • Funds reported $35.3B of iShares National Muni Bond ETF stock for Q1 2025, down 5.1% quarter-over-quarter.
  • 120 funds opened new iShares National Muni Bond ETF positions in Q1 2025 and 115 closed out, a net change of +5 holders.
  • The largest iShares National Muni Bond ETF buyer in Q1 2025 was D.E. Shaw & Co, an estimated $196M added.
  • The largest iShares National Muni Bond ETF seller in Q1 2025 was Bank of America, an estimated $217M sold.

Based on aggregated 13F filings for Q1 2025.