Northern Trust 2035 Tax-Exempt Distributing Ladder ETF
MUNB
2 hedge funds and large institutions have $9.87M invested in Northern Trust 2035 Tax-Exempt Distributing Ladder ETF in 2026 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, reducing their positions, and 4 closing their positions.
108% more capital invested
Capital invested by funds: $4.73M → $9.87M (+$5.13M)
51.57% more ownership
Funds ownership: 46.83% → 98.4% (+52%)
50% less funds holding
Funds holding: 4 → 2 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$9.3M |
| 2 |
Jane Street
New York
|
+$718K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.01M |
| 3 |
JP Morgan Chase
New York
|
-$1.01M |
| 4 |
Morgan Stanley
New York
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Northern Trust
Chicago,
Illinois
| $9.16M | +$9.3M | +91,343 | New |
|
|
2
Jane Street
New York
| $708K | +$718K | +7,058 | New |
|
|
OMC
3
Old Mission Capital
Chicago,
Illinois
| – | -$1.7M | -16,826 | Closed |
|
|
4
Bank of America
Charlotte,
North Carolina
| – | -$1.01M | -10,000 | Closed |
|
|
5
JP Morgan Chase
New York
| – | -$1.01M | -10,000 | Closed |
|
|
6
Morgan Stanley
New York
| – | -$1.01M | -10,000 | Closed |
|
MUNB Hedge Fund Activity: Q1 2026 in Review
2 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in Northern Trust 2035 Tax-Exempt Distributing Ladder ETF (MUNB) for Q1 2026, worth a combined $9.87M — up 108% from $4.73M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MUNB and 2 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 0 added.
The largest buyer was Northern Trust, opening a new position worth an estimated $9.3M. The largest seller was Old Mission Capital, exiting entirely with an estimated $1.7M sold.
- 2 institutional investors held Northern Trust 2035 Tax-Exempt Distributing Ladder ETF (MUNB) as of Q1 2026, down from 4 in Q4 2025.
- Funds reported $9.87M of Northern Trust 2035 Tax-Exempt Distributing Ladder ETF stock for Q1 2026, up 108% quarter-over-quarter.
- 2 funds opened new Northern Trust 2035 Tax-Exempt Distributing Ladder ETF positions in Q1 2026 and 4 closed out, a net change of -2 holders.
- The largest Northern Trust 2035 Tax-Exempt Distributing Ladder ETF buyer in Q1 2026 was Northern Trust, an estimated $9.3M added.
- The largest Northern Trust 2035 Tax-Exempt Distributing Ladder ETF seller in Q1 2026 was Old Mission Capital, an estimated $1.7M sold.
Based on aggregated 13F filings for Q1 2026.