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iShares National Muni Bond ETF

800 hedge funds and large institutions have $11.2B invested in iShares National Muni Bond ETF in 2019 Q4 according to their latest regulatory filings, with 168 funds opening new positions, 366 increasing their positions, 154 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

460% more first-time investments, than exits

New positions opened: 168 | Existing positions closed: 30

138% more repeat investments, than reductions

Existing positions increased: 366 | Existing positions reduced: 154

27% more funds holding in top 10

Funds holding in top 10: 5165 (+14)

19% more funds holding

Funds holding: 671800 (+129)

8% more capital invested

Capital invested by funds: $10.3B → $11.2B (+$850M)

0.54% more ownership

Funds ownership: 71.83%72.37% (+0.54%)

27% less call options, than puts

Call options by funds: $2.02M | Put options by funds: $2.75M

Holders
800
Holders Change
+129
Holders Change %
+19.23%
% of All Funds
15.76%
Holding in Top 10
65
Holding in Top 10 Change
+14
Holding in Top 10 Change %
+27.45%
% of All Funds
1.28%
New
168
Increased
366
Reduced
154
Closed
30
Calls
$2.02M
Puts
$2.75M
Net Calls
-$730K
Net Calls Change
+$1.68M
Name Holding Trade Value Shares
Change
Change in
Stake
PFM
201
Phillips Financial Management
Indiana
$4.3M +$227K +1,995 +6%
JSA
202
Jacobson & Schmitt Advisors
Wisconsin
$4.29M +$611K +5,362 +17%
ASN
203
Advisory Services Network
Georgia
$4.21M +$2.39M +21,016 +132%
GC
204
Garde Capital
Washington
$4.18M -$160K -1,405 -4%
PCMC
205
Paragon Capital Management (Colorado)
Colorado
$4.17M +$4.67K +41 +0.1%
TGAM
206
TBH Global Asset Management
Tennessee
$4.17M +$4.17M +36,577 New
KCM
207
Kanawha Capital Management
Virginia
$4.12M +$3.5M +30,710 +565%
MI
208
Moneywise Inc
Virginia
$4.03M -$82.4K -723 -2%
FWM
209
Fairhaven Wealth Management
Illinois
$3.97M -$43.4K -381 -1%
RTC
210
Riverview Trust Company
Washington
$3.95M
NFP
211
Narus Financial Partners
Utah
$3.94M -$22.8K -200 -0.6%
Squarepoint
212
Squarepoint
New York
$3.83M +$2.96M +25,961 +340%
SHGA
213
Sand Hill Global Advisors
California
$3.79M -$747K -6,554 -16%
RWM
214
Ritholtz Wealth Management
New York
$3.74M -$27.9K -245 -0.7%
RIA
215
Regal Investment Advisors
Michigan
$3.7M +$48.5K +426 +1%
CCP
216
Cardan Capital Partners
Colorado
$3.61M +$149K +1,305 +4%
KeyBank National Association
217
KeyBank National Association
Ohio
$3.61M +$539K +4,730 +18%
GAB
218
German American Bancorp
Indiana
$3.57M +$138K +1,211 +4%
AWM
219
Apollon Wealth Management
South Carolina
$3.48M +$509K +4,469 +17%
WU
220
Wealthsimple US
New York
$3.46M +$3.46M +30,413 New
WCM
221
Wunderlich Capital Managemnt
Tennessee
$3.45M +$21.2K +186 +0.6%
MFG
222
Menard Financial Group
Texas
$3.44M +$3.43M +30,155 New
EWA
223
EP Wealth Advisors
California
$3.43M +$278K +2,444 +9%
SW
224
SlateStone Wealth
Florida
$3.41M +$56.4K +495 +2%
SBSB
225
Sullivan, Bruyette, Speros & Blaney
Virginia
$3.37M +$14.9K +131 +0.4%

MUB Hedge Fund Activity: Q4 2019 in Review

800 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q4 2019, worth a combined $11.2B — up 8.2% from $10.3B a quarter earlier.

Buyers outnumbered sellers: 168 funds opened new MUB positions and 30 closed out — a net gain of 138 holders — while 366 added to existing stakes and 154 trimmed.

The largest buyer was Bank of America, adding an estimated $110M. The largest seller was UBS Group, cutting an estimated $71.9M.

  • 800 institutional investors held iShares National Muni Bond ETF (MUB) as of Q4 2019, up from 671 in Q3 2019.
  • Funds reported $11.2B of iShares National Muni Bond ETF stock for Q4 2019, up 8.2% quarter-over-quarter.
  • 168 funds opened new iShares National Muni Bond ETF positions in Q4 2019 and 30 closed out, a net change of +138 holders.
  • The largest iShares National Muni Bond ETF buyer in Q4 2019 was Bank of America, an estimated $110M added.
  • The largest iShares National Muni Bond ETF seller in Q4 2019 was UBS Group, an estimated $71.9M sold.

Based on aggregated 13F filings for Q4 2019.