iShares National Muni Bond ETF
993 hedge funds and large institutions have $15.5B invested in iShares National Muni Bond ETF in 2020 Q4 according to their latest regulatory filings, with 166 funds opening new positions, 489 increasing their positions, 194 reducing their positions, and 31 closing their positions.
435% more first-time investments, than exits
New positions opened: 166 | Existing positions closed: 31
152% more repeat investments, than reductions
Existing positions increased: 489 | Existing positions reduced: 194
15% more capital invested
Capital invested by funds: $13.5B → $15.5B (+$2B)
14% more funds holding
Funds holding: 873 → 993 (+120)
11% more funds holding in top 10
Funds holding in top 10: 90 → 100 (+10)
0.14% more ownership
Funds ownership: 75.09% → 75.23% (+0.14%)
43% less call options, than puts
Call options by funds: $5.36M | Put options by funds: $9.35M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$139M |
| 2 |
US Bancorp
Minneapolis,
Minnesota
|
+$137M |
| 3 |
Betterment LLC
New York
|
+$136M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$133M |
| 5 |
JP Morgan Chase
New York
|
+$130M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$212M |
| 2 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
-$98.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$91.4M |
| 4 |
A
AdvicePeriod
Los Angeles,
California
|
-$21.4M |
| 5 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
-$9.87M |
MUB Hedge Fund Activity: Q4 2020 in Review
993 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q4 2020, worth a combined $15.5B — up 15% from $13.5B a quarter earlier.
Buyers outnumbered sellers: 166 funds opened new MUB positions and 31 closed out — a net gain of 135 holders — while 489 added to existing stakes and 194 trimmed.
The largest buyer was BlackRock, adding an estimated $139M. The largest seller was UBS Group, cutting an estimated $212M.
- 993 institutional investors held iShares National Muni Bond ETF (MUB) as of Q4 2020, up from 873 in Q3 2020.
- Funds reported $15.5B of iShares National Muni Bond ETF stock for Q4 2020, up 15% quarter-over-quarter.
- 166 funds opened new iShares National Muni Bond ETF positions in Q4 2020 and 31 closed out, a net change of +135 holders.
- The largest iShares National Muni Bond ETF buyer in Q4 2020 was BlackRock, an estimated $139M added.
- The largest iShares National Muni Bond ETF seller in Q4 2020 was UBS Group, an estimated $212M sold.
Based on aggregated 13F filings for Q4 2020.