iShares National Muni Bond ETF
MUB
295 hedge funds and large institutions have $2.69B invested in iShares National Muni Bond ETF in 2015 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 135 increasing their positions, 74 reducing their positions, and 26 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 74
38% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 26
12% more capital invested
Capital invested by funds: $2.4B → $2.69B (+$293M)
2% more funds holding
Funds holding: 290 → 295 (+5)
0.52% less ownership
Funds ownership: 57.44% → 56.92% (-0.52%)
11% less funds holding in top 10
Funds holding in top 10: 18 → 16 (-2)
46% less call options, than puts
Call options by funds: $2.31M | Put options by funds: $4.31M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Betterment LLC
New York
|
+$75.1M |
| 2 |
AF
Ally Financial
Detroit,
Michigan
|
+$50.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$39.7M |
| 4 |
W
Wealthfront
Palo Alto,
California
|
+$34.1M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$32.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
-$16M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$14.7M |
| 3 |
Jane Street
New York
|
-$9.62M |
| 4 |
CP
Corbenic Partners
Bethlehem,
Pennsylvania
|
-$9.49M |
| 5 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$3.53M |
MUB Hedge Fund Activity: Q1 2015 in Review
295 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q1 2015, worth a combined $2.69B — up 12% from $2.4B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MUB positions and 26 closed out — a net gain of 10 holders — while 135 added to existing stakes and 74 trimmed.
The largest buyer was Betterment LLC, adding an estimated $75.1M. The largest seller was Piershale Financial Group, exiting entirely with an estimated $16M sold.
- 295 institutional investors held iShares National Muni Bond ETF (MUB) as of Q1 2015, up from 290 in Q4 2014.
- Funds reported $2.69B of iShares National Muni Bond ETF stock for Q1 2015, up 12% quarter-over-quarter.
- 36 funds opened new iShares National Muni Bond ETF positions in Q1 2015 and 26 closed out, a net change of +10 holders.
- The largest iShares National Muni Bond ETF buyer in Q1 2015 was Betterment LLC, an estimated $75.1M added.
- The largest iShares National Muni Bond ETF seller in Q1 2015 was Piershale Financial Group, an estimated $16M sold.
Based on aggregated 13F filings for Q1 2015.