iShares National Muni Bond ETF
MUB
290 hedge funds and large institutions have $2.4B invested in iShares National Muni Bond ETF in 2014 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 118 increasing their positions, 73 reducing their positions, and 10 closing their positions.
520% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 10
62% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 73
38% more funds holding in top 10
Funds holding in top 10: 13 → 18 (+5)
20% more funds holding
Funds holding: 241 → 290 (+49)
17% more capital invested
Capital invested by funds: $2.05B → $2.4B (+$346M)
2.25% more ownership
Funds ownership: 55.19% → 57.44% (+2.2%)
92% less call options, than puts
Call options by funds: $1.38M | Put options by funds: $18.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$35.8M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$29.7M |
| 3 |
W
Wealthfront
Palo Alto,
California
|
+$29.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$29.5M |
| 5 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$31.7M |
| 2 |
Barclays
London,
United Kingdom
|
-$5.53M |
| 3 |
APCM
Alaska Permanent Capital Management
Anchorage,
Alaska
|
-$4.71M |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$3.78M |
| 5 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$3.6M |
MUB Hedge Fund Activity: Q4 2014 in Review
290 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q4 2014, worth a combined $2.4B — up 17% from $2.05B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new MUB positions and 10 closed out — a net gain of 52 holders — while 118 added to existing stakes and 73 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $35.8M. The largest seller was Susquehanna International Group, cutting an estimated $31.7M.
- 290 institutional investors held iShares National Muni Bond ETF (MUB) as of Q4 2014, up from 241 in Q3 2014.
- Funds reported $2.4B of iShares National Muni Bond ETF stock for Q4 2014, up 17% quarter-over-quarter.
- 62 funds opened new iShares National Muni Bond ETF positions in Q4 2014 and 10 closed out, a net change of +52 holders.
- The largest iShares National Muni Bond ETF buyer in Q4 2014 was PNC Financial Services Group, an estimated $35.8M added.
- The largest iShares National Muni Bond ETF seller in Q4 2014 was Susquehanna International Group, an estimated $31.7M sold.
Based on aggregated 13F filings for Q4 2014.