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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
AWM
1601
Ameliora Wealth Management
Switzerland
-$63.4K -595 Closed
CIM
1602
Contravisory Investment Management
Massachusetts
-$45.5K -427 Closed
CJ
1603
Caitlin John
Michigan
-$40.3K -378 Closed
BWAM
1604
Boyd Watterson Asset Management
Ohio
-$40K -375 Closed
HHGA
1605
Halbert Hargrove Global Advisors
California
-$38.5K -361 Closed
EBA
1606
Eagle Bay Advisors
New York
-$27.9K -262 Closed
ATC
1607
Advantage Trust Company
Kansas
-$26.3K -260 Closed
PA
1608
PSI Advisors
Florida
-$26.9K -253 Closed
KBFS
1609
Kohmann Bosshard Financial Services
Ohio
-$26.4K -248 Closed
CP
1610
Castleview Partners
Texas
-$11.7K -110 Closed
CFO
1611
Colony Family Offices
North Carolina
-$10.7K -100 Closed
CAM
1612
Chesapeake Asset Management
New York
-$9.7K -91 Closed
MWM
1613
Mascoma Wealth Management
New Hampshire
-$9.7K -91 Closed
IRC
1614
Investors Research Corp
Georgia
-$6.71K -63 Closed
CWP
1615
Clark Wealth Partners
Illinois
-$2.66K -25 Closed
FLP
1616
Financial Life Planners
Arizona
-$2.04K -19 Closed
HCM
1617
Hollencrest Capital Management
California
-$852 -8 Closed
GWS
1618
Glassman Wealth Services
Virginia
-$746 -7 Closed
TAM
1619
Tucker Asset Management
Colorado
-$320 -3 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.