iShares National Muni Bond ETF
442 hedge funds and large institutions have $5.35B invested in iShares National Muni Bond ETF in 2017 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 196 increasing their positions, 142 reducing their positions, and 30 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 142
33% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 30
6% more capital invested
Capital invested by funds: $5.03B → $5.35B (+$319M)
1% more funds holding
Funds holding: 436 → 442 (+6)
0.75% more ownership
Funds ownership: 63.09% → 63.84% (+0.75%)
3% less funds holding in top 10
Funds holding in top 10: 29 → 28 (-1)
73% less call options, than puts
Call options by funds: $1.28M | Put options by funds: $4.75M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Betterment LLC
New York
|
+$91.5M |
| 2 |
W
Wealthfront
Palo Alto,
California
|
+$56.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$49.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$37.6M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$36.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$51.6M |
| 2 |
CAM
Caprin Asset Management
Henrico,
Virginia
|
-$24.4M |
| 3 |
Nisa Investment Advisors
St. Louis,
Missouri
|
-$14.9M |
| 4 |
Bank of New York Mellon
New York
|
-$12.8M |
| 5 |
B
Bailard
Foster City,
California
|
-$11.1M |
MUB Hedge Fund Activity: Q2 2017 in Review
442 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q2 2017, worth a combined $5.35B — up 6.3% from $5.03B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new MUB positions and 30 closed out — a net gain of 10 holders — while 196 added to existing stakes and 142 trimmed.
The largest buyer was Betterment LLC, adding an estimated $91.5M. The largest seller was Wells Fargo, cutting an estimated $51.6M.
- 442 institutional investors held iShares National Muni Bond ETF (MUB) as of Q2 2017, up from 436 in Q1 2017.
- Funds reported $5.35B of iShares National Muni Bond ETF stock for Q2 2017, up 6.3% quarter-over-quarter.
- 40 funds opened new iShares National Muni Bond ETF positions in Q2 2017 and 30 closed out, a net change of +10 holders.
- The largest iShares National Muni Bond ETF buyer in Q2 2017 was Betterment LLC, an estimated $91.5M added.
- The largest iShares National Muni Bond ETF seller in Q2 2017 was Wells Fargo, an estimated $51.6M sold.
Based on aggregated 13F filings for Q2 2017.