iShares National Muni Bond ETF
296 hedge funds and large institutions have $3.07B invested in iShares National Muni Bond ETF in 2015 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 120 increasing their positions, 98 reducing their positions, and 19 closing their positions.
42% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 19
22% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 98
22% more funds holding in top 10
Funds holding in top 10: 18 → 22 (+4)
2% more funds holding
Funds holding: 289 → 296 (+7)
4% more capital invested
Capital invested by funds: $2.96B → $3.07B (+$108M)
1.63% less ownership
Funds ownership: 59.08% → 57.45% (-1.6%)
79% less call options, than puts
Call options by funds: $559K | Put options by funds: $2.65M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$36.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$27.6M |
| 3 |
Betterment LLC
New York
|
+$22.7M |
| 4 |
LPL Financial
San Diego,
California
|
+$14.5M |
| 5 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$25.7M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$21.5M |
| 3 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$21.2M |
| 4 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$10.5M |
| 5 |
Morgan Stanley
New York
|
-$9.06M |
MUB Hedge Fund Activity: Q3 2015 in Review
296 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q3 2015, worth a combined $3.07B — up 3.7% from $2.96B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new MUB positions and 19 closed out — a net gain of 8 holders — while 120 added to existing stakes and 98 trimmed.
The largest buyer was Bank of America, adding an estimated $36.5M. The largest seller was JP Morgan Chase, cutting an estimated $25.7M.
- 296 institutional investors held iShares National Muni Bond ETF (MUB) as of Q3 2015, up from 289 in Q2 2015.
- Funds reported $3.07B of iShares National Muni Bond ETF stock for Q3 2015, up 3.7% quarter-over-quarter.
- 27 funds opened new iShares National Muni Bond ETF positions in Q3 2015 and 19 closed out, a net change of +8 holders.
- The largest iShares National Muni Bond ETF buyer in Q3 2015 was Bank of America, an estimated $36.5M added.
- The largest iShares National Muni Bond ETF seller in Q3 2015 was JP Morgan Chase, an estimated $25.7M sold.
Based on aggregated 13F filings for Q3 2015.