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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
CWP
1576
Cyndeo Wealth Partners
Florida
-$241K -2,264 Closed
MCIA
1577
Mountain Capital Investment Advisors
Colorado
-$236K -2,223 Closed
TAM
1578
Todd Asset Management
Kentucky
-$236K -2,218 Closed
BHWA
1579
Beacon Harbor Wealth Advisors
Virginia
-$235K -2,208 Closed
PW
1580
PUREfi Wealth
Massachusetts
-$222K -2,084 Closed
MIM
1581
Macroview Investment Management
Maryland
-$214K -2,007 Closed
AFM
1582
Armstrong Fleming & Moore
District of Columbia
-$213K -2,001 Closed
RCG
1583
Regatta Capital Group
California
-$213K -2,000 Closed
BCM
1584
Boltwood Capital Management
California
-$210K -1,975 Closed
TA
1585
TrueWealth Advisors
Alabama
-$205K -1,923 Closed
RBC
1586
Rye Brook Capital
Connecticut
-$202K -1,900 Closed
CM
1587
Columbus Macro
Pennsylvania
-$202K -1,898 Closed
OAM
1588
Occidental Asset Management
California
-$202K -1,895 Closed
EF
1589
Exeter Financial
Arizona
-$201K -1,890 Closed
TPW
1590
Talon Private Wealth
Florida
-$201K -1,885 Closed
CAS
1591
Coppell Advisory Solutions
Texas
-$200K -1,872 Closed
PFT
1592
Providence First Trust
Arizona
-$180K -1,685 Closed
FIA
1593
FPC Investment Advisory
California
-$178K -1,672 Closed
FWM
1594
FSA Wealth Management
Massachusetts
-$162K -1,519 Closed
SVCP
1595
Silicon Valley Capital Partners
California
-$159K -1,490 Closed
CF
1596
Centaurus Financial
California
-$106K -996 Closed
BFP
1597
Briaud Financial Planning
Texas
-$88K -830 Closed
HT
1598
Headlands Technologies
Illinois
-$82K -770 Closed
MFG
1599
Menard Financial Group
Texas
-$80.9K -759 Closed
WAM
1600
WFA Asset Management
Wisconsin
-$74.8K -702 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.