iShares National Muni Bond ETF
1,209 hedge funds and large institutions have $26.5B invested in iShares National Muni Bond ETF in 2022 Q4 according to their latest regulatory filings, with 223 funds opening new positions, 476 increasing their positions, 410 reducing their positions, and 123 closing their positions.
191% more capital inflows, than outflows
Capital inflows: $5.68B | Capital outflows: $1.96B
81% more first-time investments, than exits
New positions opened: 223 | Existing positions closed: 123
28% more funds holding in top 10
Funds holding in top 10: 97 → 124 (+27)
16% more repeat investments, than reductions
Existing positions increased: 476 | Existing positions reduced: 410
7% more funds holding
Funds holding: 1,131 → 1,209 (+78)
2.01% more ownership
Funds ownership: 80.95% → 82.97% (+2%)
26% less call options, than puts
Call options by funds: $8.71M | Put options by funds: $11.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$610M |
| 2 |
Bank of New York Mellon
New York
|
+$395M |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
+$372M |
| 4 |
Betterment LLC
New York
|
+$276M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$271M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab Investment Advisory
San Francisco,
California
|
-$452M |
| 2 |
JP Morgan Chase
New York
|
-$283M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
-$132M |
| 4 |
Allstate Corporation
Northbrook,
Illinois
|
-$104M |
| 5 |
Bailard
Foster City,
California
|
-$46.4M |
MUB Hedge Fund Activity: Q4 2022 in Review
1,209 of the 6,243 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q4 2022, worth a combined $26.5B — up 19% from $22.3B a quarter earlier.
Buyers outnumbered sellers: 223 funds opened new MUB positions and 123 closed out — a net gain of 100 holders — while 476 added to existing stakes and 410 trimmed.
The largest buyer was Bank of America, adding an estimated $610M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $452M.
- 1,209 institutional investors held iShares National Muni Bond ETF (MUB) as of Q4 2022, up from 1,131 in Q3 2022.
- Funds reported $26.5B of iShares National Muni Bond ETF stock for Q4 2022, up 19% quarter-over-quarter.
- 223 funds opened new iShares National Muni Bond ETF positions in Q4 2022 and 123 closed out, a net change of +100 holders.
- The largest iShares National Muni Bond ETF buyer in Q4 2022 was Bank of America, an estimated $610M added.
- The largest iShares National Muni Bond ETF seller in Q4 2022 was Charles Schwab Investment Advisory, an estimated $452M sold.
Based on aggregated 13F filings for Q4 2022.