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iShares National Muni Bond ETF

1,396 hedge funds and large institutions have $34.6B invested in iShares National Muni Bond ETF in 2024 Q3 according to their latest regulatory filings, with 123 funds opening new positions, 649 increasing their positions, 431 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

108% more first-time investments, than exits

New positions opened: 123 | Existing positions closed: 59

51% more repeat investments, than reductions

Existing positions increased: 649 | Existing positions reduced: 431

19% more call options, than puts

Call options by funds: $55M | Put options by funds: $46.3M

7% more capital invested

Capital invested by funds: $32.5B → $34.6B (+$2.15B)

4% more funds holding

Funds holding: 1,3451,396 (+51)

0.46% more ownership

Funds ownership: 87.36%87.82% (+0.46%)

7% less funds holding in top 10

Funds holding in top 10: 117109 (-8)

Holders
1,396
Holders Change
+51
Holders Change %
+3.79%
% of All Funds
20.05%
Holding in Top 10
109
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-6.84%
% of All Funds
1.57%
New
123
Increased
649
Reduced
431
Closed
59
Calls
$55M
Puts
$46.3M
Net Calls
+$8.65M
Net Calls Change
+$189M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$2.78B +$213M +1,974,919 +8%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$2.09B +$75.6M +701,096 +4%
Betterment LLC
3
Betterment LLC
New York
$1.83B +$120M +1,113,584 +7%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$1.54B -$234M -2,172,215 -13%
Creative Planning
5
Creative Planning
Kansas
$1.37B +$78M +723,492 +6%
Wealthfront Advisers
6
Wealthfront Advisers
California
$1.06B +$47.3M +439,163 +5%
JP Morgan Chase
7
JP Morgan Chase
New York
$1.05B +$30.9M +286,468 +3%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$1.01B -$38.2M -354,814 -4%
Wells Fargo
9
Wells Fargo
California
$977M -$5.85M -54,310 -0.6%
Charles Schwab
10
Charles Schwab
California
$897M -$38.2M -354,227 -4%
Morgan Stanley
11
Morgan Stanley
New York
$850M +$131M +1,215,093 +18%
LPL Financial
12
LPL Financial
California
$824M +$63.1M +585,598 +8%
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$800M +$7.22M +66,958 +0.9%
US Bancorp
14
US Bancorp
Minnesota
$745M +$200M +1,859,907 +37%
Mercer Global Advisors
15
Mercer Global Advisors
Colorado
$700M +$38.4M +356,622 +6%
Northwestern Mutual Wealth Management
16
Northwestern Mutual Wealth Management
Wisconsin
$686M +$23.2M +215,474 +4%
Envestnet Portfolio Solutions
17
Envestnet Portfolio Solutions
Illinois
$576M +$83.5M +775,176 +17%
Fisher Asset Management
18
Fisher Asset Management
Washington
$573M +$58.5M +542,698 +11%
TIAA Trust, National Association
19
TIAA Trust, National Association
North Carolina
$540M -$14.5M -134,683 -3%
SEI Investments
20
SEI Investments
Pennsylvania
$525M +$66.8M +620,163 +15%
OWM
21
Orgel Wealth Management
Wisconsin
$399M +$8.65M +80,251 +2%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$311M +$15M +138,930 +5%
RWP
23
RWA Wealth Partners
Massachusetts
$303M +$1.57M +14,526 +0.5%
UBS Group
24
UBS Group
Switzerland
$299M -$2.94M -27,289 -1%
FCBT
25
First Citizens Bank & Trust
North Carolina
$290M +$24M +223,031 +9%

MUB Hedge Fund Activity: Q3 2024 in Review

1,396 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in iShares National Muni Bond ETF (MUB) for Q3 2024, worth a combined $34.6B — up 6.6% from $32.5B a quarter earlier.

Buyers outnumbered sellers: 123 funds opened new MUB positions and 59 closed out — a net gain of 64 holders — while 649 added to existing stakes and 431 trimmed.

The largest buyer was Bank of America, adding an estimated $213M. The largest seller was Fidelity Investments, cutting an estimated $234M.

  • 1,396 institutional investors held iShares National Muni Bond ETF (MUB) as of Q3 2024, up from 1,345 in Q2 2024.
  • Funds reported $34.6B of iShares National Muni Bond ETF stock for Q3 2024, up 6.6% quarter-over-quarter.
  • 123 funds opened new iShares National Muni Bond ETF positions in Q3 2024 and 59 closed out, a net change of +64 holders.
  • The largest iShares National Muni Bond ETF buyer in Q3 2024 was Bank of America, an estimated $213M added.
  • The largest iShares National Muni Bond ETF seller in Q3 2024 was Fidelity Investments, an estimated $234M sold.

Based on aggregated 13F filings for Q3 2024.