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iShares National Muni Bond ETF

289 hedge funds and large institutions have $2.96B invested in iShares National Muni Bond ETF in 2015 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 122 increasing their positions, 97 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 97

13% more funds holding in top 10

Funds holding in top 10: 1618 (+2)

2.16% more ownership

Funds ownership: 56.92%59.08% (+2.2%)

3% more capital invested

Capital invested by funds: $2.87B → $2.96B (+$85.9M)

9% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 22

2% less funds holding

Funds holding: 295289 (-6)

54% less call options, than puts

Call options by funds: $1.29M | Put options by funds: $2.78M

Holders
289
Holders Change
-6
Holders Change %
-2.03%
% of All Funds
7.79%
Holding in Top 10
18
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+12.5%
% of All Funds
0.49%
New
20
Increased
122
Reduced
97
Closed
22
Calls
$1.29M
Puts
$2.78M
Net Calls
-$1.49M
Net Calls Change
+$508K
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
1
PNC Financial Services Group
Pennsylvania
$391M +$17.2M +158,043 +5%
Bank of America
2
Bank of America
North Carolina
$276M +$42.9M +393,213 +18%
W
3
Wealthfront
California
$228M -$4.46M -40,888 -2%
Creative Planning
4
Creative Planning
Kansas
$197M +$55.4M +508,631 +39%
Betterment LLC
5
Betterment LLC
New York
$194M +$61.7M +566,026 +46%
Wells Fargo
6
Wells Fargo
California
$191M +$31.7M +290,618 +20%
UBS Group
7
UBS Group
Switzerland
$178M +$16.4M +150,718 +10%
Morgan Stanley
8
Morgan Stanley
New York
$135M -$1.18M -10,818 -0.9%
AF
9
Ally Financial
Michigan
$97.4M +$48.5M +445,000 +98%
Northwestern Mutual Wealth Management
10
Northwestern Mutual Wealth Management
Wisconsin
$66.2M +$6.89M +63,207 +12%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$37.7M -$15.6M -143,563 -29%
US Bancorp
12
US Bancorp
Minnesota
$37M -$341K -3,129 -0.9%
CCWA
13
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$35M +$30.3M +278,492 +625%
MNA
14
Manning & Napier Advisors
New York
$34.5M
USAA
15
United Services Automobile Association
Texas
$32.3M +$1.53M +14,014 +5%
RJA
16
Raymond James & Associates
Florida
$31.9M +$5.45M +49,978 +20%
MLICM
17
Metropolitan Life Insurance Company (MetLife)
New York
$30.7M -$26.1M -239,377 -46%
JP Morgan Chase
18
JP Morgan Chase
New York
$30.4M +$3.32M +30,509 +12%
SEI Investments
19
SEI Investments
Pennsylvania
$30M +$10.3M +94,969 +52%
V
20
Veritable
Delaware
$28.8M -$33.8K -310 -0.1%
LPL Financial
21
LPL Financial
California
$26.2M -$271K -2,487 -1%
Nisa Investment Advisors
22
Nisa Investment Advisors
Missouri
$25M +$25.2M +231,308 New
GMA
23
Goldstein Munger & Associates
California
$24.5M +$203K +1,867 +0.8%
BTS
24
BB&T Securities
Virginia
$24.4M +$4.9M +44,964 +25%
PAG
25
Pinnacle Advisory Group
Maryland
$21.2M -$5.7M -52,327 -21%

MUB Hedge Fund Activity: Q2 2015 in Review

289 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q2 2015, worth a combined $2.96B — up 3% from $2.87B a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of MUB and 20 opened new positions — a net loss of 2 holders — while 97 trimmed existing stakes and 122 added.

The largest buyer was Betterment LLC, adding an estimated $61.7M. The largest seller was Metropolitan Life Insurance Company (MetLife), cutting an estimated $26.1M.

  • 289 institutional investors held iShares National Muni Bond ETF (MUB) as of Q2 2015, down from 295 in Q1 2015.
  • Funds reported $2.96B of iShares National Muni Bond ETF stock for Q2 2015, up 3% quarter-over-quarter.
  • 20 funds opened new iShares National Muni Bond ETF positions in Q2 2015 and 22 closed out, a net change of -2 holders.
  • The largest iShares National Muni Bond ETF buyer in Q2 2015 was Betterment LLC, an estimated $61.7M added.
  • The largest iShares National Muni Bond ETF seller in Q2 2015 was Metropolitan Life Insurance Company (MetLife), an estimated $26.1M sold.

Based on aggregated 13F filings for Q2 2015.