iShares National Muni Bond ETF
507 hedge funds and large institutions have $7.39B invested in iShares National Muni Bond ETF in 2018 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 184 increasing their positions, 191 reducing their positions, and 43 closing their positions.
21% more funds holding in top 10
Funds holding in top 10: 34 → 41 (+7)
5% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 43
4% more capital invested
Capital invested by funds: $7.09B → $7.39B (+$300M)
0% more funds holding
Funds holding: 506 → 507 (+1)
4% less repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 191
1.36% less ownership
Funds ownership: 73.55% → 72.19% (-1.4%)
75% less call options, than puts
Call options by funds: $961K | Put options by funds: $3.88M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$65.1M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$55.6M |
| 3 |
FTIOP
Fiduciary Trust International of Pennsylvania
Radnor,
Pennsylvania
|
+$24.1M |
| 4 |
BDF
Balasa Dinverno & Foltz
|
+$22.6M |
| 5 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$19.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Betterment LLC
New York
|
-$161M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$105M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$67M |
| 4 |
BlackRock
New York
|
-$46.7M |
| 5 |
Jane Street
New York
|
-$40.3M |
MUB Hedge Fund Activity: Q3 2018 in Review
507 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q3 2018, worth a combined $7.39B — up 4.2% from $7.09B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new MUB positions and 43 closed out — a net gain of 2 holders — while 184 added to existing stakes and 191 trimmed.
The largest buyer was Bank of America, adding an estimated $65.1M. The largest seller was Betterment LLC, cutting an estimated $161M.
- 507 institutional investors held iShares National Muni Bond ETF (MUB) as of Q3 2018, up from 506 in Q2 2018.
- Funds reported $7.39B of iShares National Muni Bond ETF stock for Q3 2018, up 4.2% quarter-over-quarter.
- 45 funds opened new iShares National Muni Bond ETF positions in Q3 2018 and 43 closed out, a net change of +2 holders.
- The largest iShares National Muni Bond ETF buyer in Q3 2018 was Bank of America, an estimated $65.1M added.
- The largest iShares National Muni Bond ETF seller in Q3 2018 was Betterment LLC, an estimated $161M sold.
Based on aggregated 13F filings for Q3 2018.