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iShares National Muni Bond ETF

233 hedge funds and large institutions have $1.73B invested in iShares National Muni Bond ETF in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 87 increasing their positions, 78 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 78

1% more capital invested

Capital invested by funds: $1.7B → $1.73B (+$24.6M)

0.02% more ownership

Funds ownership: 52.22%52.24% (+0.02%)

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

2% less funds holding

Funds holding: 238233 (-5)

17% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 24

95% less call options, than puts

Call options by funds: $995K | Put options by funds: $21.9M

Holders
233
Holders Change
-5
Holders Change %
-2.1%
% of All Funds
6.73%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.35%
New
20
Increased
87
Reduced
78
Closed
24
Calls
$995K
Puts
$21.9M
Net Calls
-$20.9M
Net Calls Change
-$12.7M
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
1
PNC Financial Services Group
Pennsylvania
$278M +$126K +1,188 +0%
Wells Fargo
2
Wells Fargo
California
$160M +$23.1M +217,968 +17%
Bank of America
3
Bank of America
North Carolina
$158M -$24M -225,995 -13%
Morgan Stanley
4
Morgan Stanley
New York
$111M +$5.03M +47,415 +5%
W
5
Wealthfront
California
$89.3M +$88.9M +837,391 New
BTS
6
BB&T Securities
Virginia
$79.1M -$2.89M -27,193 -27%
U
7
UBS
Switzerland
$66.8M +$4.48M +42,176 +7%
MLICM
8
Metropolitan Life Insurance Company (MetLife)
New York
$59.2M +$2.8M +26,358 +5%
Creative Planning
9
Creative Planning
Kansas
$44.2M +$17.4M +163,796 +66%
US Bancorp
10
US Bancorp
Minnesota
$35M -$3.19M -30,030 -8%
USAA
11
United Services Automobile Association
Texas
$29.8M +$72.6K +684 +0.2%
MNA
12
Manning & Napier Advisors
New York
$26.3M
V
13
Veritable
Delaware
$24.6M
GMA
14
Goldstein Munger & Associates
California
$22.7M +$1.33M +12,496 +6%
Citigroup
15
Citigroup
New York
$22.5M -$859K -8,093 -4%
EB
16
Eastern Bank
Massachusetts
$20.6M +$827K +7,793 +4%
JP Morgan Chase
17
JP Morgan Chase
New York
$18.8M +$321K +3,028 +2%
Northwestern Mutual Wealth Management
18
Northwestern Mutual Wealth Management
Wisconsin
$17.4M -$13.5M -127,608 -44%
LPL Financial
19
LPL Financial
California
$16.4M -$768K -7,235 -4%
Fifth Third Bancorp
20
Fifth Third Bancorp
Ohio
$14.9M -$2.36M -22,254 -14%
CP
21
Corbenic Partners
Pennsylvania
$14.2M +$6.73M +63,365 +91%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$13.6M +$1.4M +13,174 +12%
RJA
23
Raymond James & Associates
Florida
$11.7M +$1.41M +13,259 +14%
KeyBank National Association
24
KeyBank National Association
Ohio
$11.5M +$121K +1,138 +1%
EC
25
Estate Counselors
Wisconsin
$11.2M +$447K +4,210 +4%

MUB Hedge Fund Activity: Q1 2014 in Review

233 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q1 2014, worth a combined $1.73B — up 1.4% from $1.7B a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of MUB and 20 opened new positions — a net loss of 4 holders — while 78 trimmed existing stakes and 87 added.

The largest buyer was Wells Fargo, adding an estimated $23.1M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $59.2M sold.

  • 233 institutional investors held iShares National Muni Bond ETF (MUB) as of Q1 2014, down from 238 in Q4 2013.
  • Funds reported $1.73B of iShares National Muni Bond ETF stock for Q1 2014, up 1.4% quarter-over-quarter.
  • 20 funds opened new iShares National Muni Bond ETF positions in Q1 2014 and 24 closed out, a net change of -4 holders.
  • The largest iShares National Muni Bond ETF buyer in Q1 2014 was Wells Fargo, an estimated $23.1M added.
  • The largest iShares National Muni Bond ETF seller in Q1 2014 was Charles Schwab Investment Advisory, an estimated $59.2M sold.

Based on aggregated 13F filings for Q1 2014.