We are live on ! Find out more
MUB icon

iShares National Muni Bond ETF
MUB

1,020 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.

New
Increased
Maintained
Reduced
Closed

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

10% more capital invested

Capital invested by funds: $15.9B → $17.4B (+$1.52B)

3.92% more ownership

Funds ownership: 75.51% → 79.43% (+3.9%)

2% more funds holding

Funds holding: 998 → 1,020 (+22)

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: $9.73M

Holders
1,020
Holders Change
+22
Holders Change %
+2.2%
% of All Funds
17.75%
Holding in Top 10
75
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-10.71%
% of All Funds
1.31%
New
76
Increased
516
Reduced
275
Closed
39
Calls
$5.68M
Puts
$9.73M
Net Calls
-$4.04M
Net Calls Change
+$1.2M

Top Buyers

Rank Fund Capital Flow
1
WFS
Weitzel Financial Services
Iowa
+$698M
2
Jane Street
Jane Street
New York
+$208M
3
BlackRock
BlackRock
New York
+$200M
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$168M
5
SEI Investments
SEI Investments
Pennsylvania
+$118M

Top Sellers

Rank Fund Capital Flow
1
Charles Schwab
Charles Schwab
California
-$535M
2
FP
Financial Perspectives
Minnesota
-$87.2M
3
Financial Engines Advisors
Financial Engines Advisors
California
-$28.9M
4
WAP
Wealthcare Advisory Partners
Pennsylvania
-$11.9M
5
US Bancorp
US Bancorp
Minnesota
-$10.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
1
Bank of America
North Carolina
$1.77B +$81.4M +696,922 +5%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$1.1B +$168M +1,439,992 +18%
Betterment LLC
3
Betterment LLC
New York
$1.07B +$116M +996,664 +12%
Creative Planning
4
Creative Planning
Kansas
$887M +$73.9M +631,999 +9%
PNC Financial Services Group
5
PNC Financial Services Group
Pennsylvania
$774M +$42.7M +365,230 +6%
SEI Investments
6
SEI Investments
Pennsylvania
$594M +$118M +1,012,485 +25%
Fisher Asset Management
7
Fisher Asset Management
Washington
$475M +$44.9M +384,026 +10%
Morgan Stanley
8
Morgan Stanley
New York
$457M +$38.1M +326,055 +9%
BlackRock
9
BlackRock
New York
$444M +$200M +1,713,987 +83%
Jane Street
10
Jane Street
New York
$406M +$208M +1,775,923 +105%
Northwestern Mutual Wealth Management
11
Northwestern Mutual Wealth Management
Wisconsin
$401M +$53.3M +456,326 +15%
Wells Fargo
12
Wells Fargo
California
$395M +$30.9M +264,178 +8%
UBS Group
13
UBS Group
Switzerland
$361M -$4.16M -35,556 -1%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$361M +$36.8M +315,286 +11%
JP Morgan Chase
15
JP Morgan Chase
New York
$348M +$43.8M +374,543 +14%
US Bancorp
16
US Bancorp
Minnesota
$338M -$10.2M -87,579 -3%
TF
17
TIAA FSB
Florida
$305M +$26.1M +222,981 +9%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$294M +$28.8M +246,755 +11%
Financial Engines Advisors
19
Financial Engines Advisors
California
$203M -$28.9M -247,576 -13%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$181M +$7.32M +62,629 +4%
AssetMark Inc
21
AssetMark Inc
California
$163M -$4.2M -35,931 -3%
Mercer Global Advisors
22
Mercer Global Advisors
Colorado
$148M +$21.7M +185,547 +17%
CCWA
23
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$131M +$2.4M +20,515 +2%
LPL Financial
24
LPL Financial
California
$119M +$2.63M +22,508 +2%
Ameriprise
25
Ameriprise
Minnesota
$118M -$5.28M -45,180 -5%
1
2 3 4 5

MUB Hedge Fund Activity: Q2 2021 in Review

1,020 of the 5,745 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 9.6% from $15.9B 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 Weitzel Financial Services, adding an estimated $698M. The largest seller was Charles Schwab, cutting an estimated $535M.

  • 1,020 institutional investors held iShares National Muni Bond ETF (MUB) as of Q2 2021, up from 998 in Q1 2021.
  • Funds reported $17.4B of iShares National Muni Bond ETF stock for Q2 2021, up 9.6% 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 Weitzel Financial Services, an estimated $698M 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.