iShares National Muni Bond ETF
597 hedge funds and large institutions have $8.76B invested in iShares National Muni Bond ETF in 2018 Q4 according to their latest regulatory filings, with 136 funds opening new positions, 227 increasing their positions, 161 reducing their positions, and 38 closing their positions.
258% more first-time investments, than exits
New positions opened: 136 | Existing positions closed: 38
41% more repeat investments, than reductions
Existing positions increased: 227 | Existing positions reduced: 161
27% more funds holding in top 10
Funds holding in top 10: 41 → 52 (+11)
19% more capital invested
Capital invested by funds: $7.39B → $8.76B (+$1.38B)
18% more funds holding
Funds holding: 507 → 597 (+90)
0.81% more ownership
Funds ownership: 72.19% → 73% (+0.81%)
11% less call options, than puts
Call options by funds: $2.97M | Put options by funds: $3.35M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$801M |
| 2 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$148M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$132M |
| 4 |
Bank of New York Mellon
New York
|
+$111M |
| 5 |
JP Morgan Chase
New York
|
+$99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$276M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$145M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$88.1M |
| 4 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
-$63.7M |
| 5 |
FTIOP
Fiduciary Trust International of Pennsylvania
Radnor,
Pennsylvania
|
-$48.6M |
MUB Hedge Fund Activity: Q4 2018 in Review
597 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q4 2018, worth a combined $8.76B — up 19% from $7.39B a quarter earlier.
Buyers outnumbered sellers: 136 funds opened new MUB positions and 38 closed out — a net gain of 98 holders — while 227 added to existing stakes and 161 trimmed.
The largest buyer was Bank of America, adding an estimated $801M. The largest seller was BlackRock, cutting an estimated $276M.
- 597 institutional investors held iShares National Muni Bond ETF (MUB) as of Q4 2018, up from 507 in Q3 2018.
- Funds reported $8.76B of iShares National Muni Bond ETF stock for Q4 2018, up 19% quarter-over-quarter.
- 136 funds opened new iShares National Muni Bond ETF positions in Q4 2018 and 38 closed out, a net change of +98 holders.
- The largest iShares National Muni Bond ETF buyer in Q4 2018 was Bank of America, an estimated $801M added.
- The largest iShares National Muni Bond ETF seller in Q4 2018 was BlackRock, an estimated $276M sold.
Based on aggregated 13F filings for Q4 2018.