iShares National Muni Bond ETF
436 hedge funds and large institutions have $5.03B invested in iShares National Muni Bond ETF in 2017 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 163 increasing their positions, 171 reducing their positions, and 35 closing their positions.
9% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 35
0% less funds holding
Funds holding: 437 → 436 (-1)
5% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 171
1.87% less ownership
Funds ownership: 64.96% → 63.09% (-1.9%)
18% less call options, than puts
Call options by funds: $1.95M | Put options by funds: $2.37M
21% less capital inflows, than outflows
Capital inflows: $628M | Capital outflows: $793M
26% less funds holding in top 10
Funds holding in top 10: 39 → 29 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
+$113M |
| 2 |
Wealthfront
Palo Alto,
California
|
+$94.9M |
| 3 |
Betterment LLC
New York
|
+$48.6M |
| 4 |
LPL Financial
San Diego,
California
|
+$29.7M |
| 5 |
Crestwood Advisors Group
Boston,
Massachusetts
|
+$28.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$173M |
| 2 |
Aspiriant LLC
Los Angeles,
California
|
-$108M |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
-$63.3M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$48.6M |
| 5 |
Natixis Advisors
Boston,
Massachusetts
|
-$39.8M |
MUB Hedge Fund Activity: Q1 2017 in Review
436 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q1 2017, worth a combined $5.03B — down 3.7% from $5.22B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new MUB positions and 35 closed out — a net gain of 3 holders — while 163 added to existing stakes and 171 trimmed.
The largest buyer was SEI Investments, adding an estimated $113M. The largest seller was Bank of America, cutting an estimated $173M.
- 436 institutional investors held iShares National Muni Bond ETF (MUB) as of Q1 2017, down from 437 in Q4 2016.
- Funds reported $5.03B of iShares National Muni Bond ETF stock for Q1 2017, down 3.7% quarter-over-quarter.
- 38 funds opened new iShares National Muni Bond ETF positions in Q1 2017 and 35 closed out, a net change of +3 holders.
- The largest iShares National Muni Bond ETF buyer in Q1 2017 was SEI Investments, an estimated $113M added.
- The largest iShares National Muni Bond ETF seller in Q1 2017 was Bank of America, an estimated $173M sold.
Based on aggregated 13F filings for Q1 2017.