iShares National Muni Bond ETF
1,374 hedge funds and large institutions have $34B invested in iShares National Muni Bond ETF in 2023 Q4 according to their latest regulatory filings, with 272 funds opening new positions, 487 increasing their positions, 494 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)
13% more capital invested
Capital invested by funds: $30.2B → $34B (+$3.79B)
13% more funds holding
Funds holding: 1,221 → 1,374 (+153)
0.65% more ownership
Funds ownership: 88.09% → 88.73% (+0.65%)
1% less repeat investments, than reductions
Existing positions increased: 487 | Existing positions reduced: 494
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$538M |
| 2 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$371M |
| 3 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
+$226M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$177M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$175M |
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 6,869 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q4 2023, worth a combined $34B — up 13% 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 487 added to existing stakes and 494 trimmed.
The largest buyer was Jane Street, adding an estimated $538M. 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 $34B of iShares National Muni Bond ETF stock for Q4 2023, up 13% 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 Jane Street, an estimated $538M 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.