iShares National Muni Bond ETF
1,022 hedge funds and large institutions have $17.4B invested in iShares National Muni Bond ETF in 2021 Q2 according to their latest regulatory filings, with 76 funds opening new positions, 516 increasing their positions, 275 reducing their positions, and 39 closing their positions.
170% more capital inflows, than outflows
Capital inflows: $2.16B | Capital outflows: $803M
95% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 39
88% more repeat investments, than reductions
Existing positions increased: 516 | Existing positions reduced: 275
2% more funds holding
Funds holding: 1,000 → 1,022 (+22)
1.07% more ownership
Funds ownership: 75.1% → 76.17% (+1.1%)
11% less funds holding in top 10
Funds holding in top 10: 84 → 75 (-9)
42% less call options, than puts
Call options by funds: $5.68M | Put options by funds: $9.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$208M |
| 2 |
BlackRock
New York
|
+$200M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$168M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
+$118M |
| 5 |
Betterment LLC
New York
|
+$116M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$535M |
| 2 |
Financial Engines Advisors
Santa Clara,
California
|
-$28.9M |
| 3 |
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$11.9M |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$10.2M |
| 5 |
Crabel Capital Management
Los Angeles,
California
|
-$8.48M |
MUB Hedge Fund Activity: Q2 2021 in Review
1,022 of the 5,769 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q2 2021, worth a combined $17.4B — up 9% from $16B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new MUB positions and 39 closed out — a net gain of 37 holders — while 516 added to existing stakes and 275 trimmed.
The largest buyer was Jane Street, adding an estimated $208M. The largest seller was Charles Schwab, cutting an estimated $535M.
- 1,022 institutional investors held iShares National Muni Bond ETF (MUB) as of Q2 2021, up from 1,000 in Q1 2021.
- Funds reported $17.4B of iShares National Muni Bond ETF stock for Q2 2021, up 9% quarter-over-quarter.
- 76 funds opened new iShares National Muni Bond ETF positions in Q2 2021 and 39 closed out, a net change of +37 holders.
- The largest iShares National Muni Bond ETF buyer in Q2 2021 was Jane Street, an estimated $208M added.
- The largest iShares National Muni Bond ETF seller in Q2 2021 was Charles Schwab, an estimated $535M sold.
Based on aggregated 13F filings for Q2 2021.