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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
DW30
1551
Drucker Wealth 3.0
New Jersey
-$342K -3,213 Closed
CAM
1552
Concorde Asset Management
Michigan
-$337K -3,163 Closed
MF
1553
Manuka Financial
Virginia
-$335K -3,146 Closed
BFA
1554
Bright Financial Advisors
Michigan
-$333K -3,129 Closed
TF
1555
TME Financial
California
-$327K -3,015 Closed
RW
1556
Rockport Wealth
Ohio
-$317K -2,921 Closed
OFS
1557
Orrstown Financial Services
Pennsylvania
-$291K -2,735 Closed
CFG
1558
Cooper Financial Group
California
-$291K -2,734 Closed
HFW
1559
Horizon Family Wealth
Illinois
-$290K -2,720 Closed
TPI
1560
Trust Point Inc
Wisconsin
-$286K -2,687 Closed
FA
1561
Fermata Advisors
California
-$283K -2,652 Closed
TLFA
1562
True Link Financial Advisors
California
-$281K -2,638 Closed
Principal Financial Group
1563
Principal Financial Group
Iowa
-$275K -2,578 Closed
PCM
1564
Presidio Capital Management
California
-$273K -2,559 Closed
GI
1565
GLOBALT Investments
Georgia
-$271K -2,548 Closed
EWA
1566
ERTS Wealth Advisors
Michigan
-$270K -2,538 Closed
TI
1567
Truepoint Inc
Ohio
-$263K -2,468 Closed
VFG
1568
Victory Financial Group
Texas
-$263K -2,464 Closed
IPW
1569
Intergy Private Wealth
Colorado
-$256K -2,398 Closed
CA
1570
Crane Advisory
California
-$254K -2,380 Closed
AI
1571
Auour Investments
Massachusetts
-$253K -2,378 Closed
CCG
1572
Catalina Capital Group
California
-$252K -2,367 Closed
SIM
1573
Stratos Investment Management
Ohio
-$250K -2,349 Closed
WPW
1574
Warther Private Wealth
Ohio
-$249K -2,333 Closed
IAIM
1575
International Assets Investment Management
Florida
-$248K -2,323 Closed

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.