iShares National Muni Bond ETF
1,374 hedge funds and large institutions have $34.8B invested in iShares National Muni Bond ETF in 2023 Q4 according to their latest regulatory filings, with 272 funds opening new positions, 485 increasing their positions, 495 reducing their positions, and 103 closing their positions.
164% more first-time investments, than exits
New positions opened: 272 | Existing positions closed: 103
82% more call options, than puts
Call options by funds: $179M | Put options by funds: $97.9M
16% more funds holding in top 10
Funds holding in top 10: 114 → 132 (+18)
15% more capital invested
Capital invested by funds: $30.2B → $34.8B (+$4.59B)
13% more funds holding
Funds holding: 1,221 → 1,374 (+153)
2.74% more ownership
Funds ownership: 88.11% → 90.85% (+2.7%)
2% less repeat investments, than reductions
Existing positions increased: 485 | Existing positions reduced: 495
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$946M |
| 2 |
Jane Street
New York
|
+$538M |
| 3 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$371M |
| 4 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
+$226M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$177M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIAA Trust, National Association
Charlotte,
North Carolina
|
-$878M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$585M |
| 3 |
AC
Allstate Corporation
Northbrook,
Illinois
|
-$201M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$105M |
| 5 |
CC
Centiva Capital
New York
|
-$77.6M |
MUB Hedge Fund Activity: Q4 2023 in Review
1,374 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q4 2023, worth a combined $34.8B — up 15% from $30.2B a quarter earlier.
Buyers outnumbered sellers: 272 funds opened new MUB positions and 103 closed out — a net gain of 169 holders — while 485 added to existing stakes and 495 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $946M. The largest seller was TIAA Trust, National Association, cutting an estimated $878M.
- 1,374 institutional investors held iShares National Muni Bond ETF (MUB) as of Q4 2023, up from 1,221 in Q3 2023.
- Funds reported $34.8B of iShares National Muni Bond ETF stock for Q4 2023, up 15% quarter-over-quarter.
- 272 funds opened new iShares National Muni Bond ETF positions in Q4 2023 and 103 closed out, a net change of +169 holders.
- The largest iShares National Muni Bond ETF buyer in Q4 2023 was Morgan Stanley, an estimated $946M added.
- The largest iShares National Muni Bond ETF seller in Q4 2023 was TIAA Trust, National Association, an estimated $878M sold.
Based on aggregated 13F filings for Q4 2023.