Columbia Multi-Sector Municipal Income ETF
MUST
83 hedge funds and large institutions have $308M invested in Columbia Multi-Sector Municipal Income ETF in 2025 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 24 reducing their positions, and 8 closing their positions.
566% more capital inflows, than outflows
Capital inflows: $47.9M | Capital outflows: $7.2M
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
46% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 24
6% more funds holding
Funds holding: 78 → 83 (+5)
4.22% more ownership
Funds ownership: 65.94% → 70.16% (+4.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$18.9M |
| 2 |
Jane Street
New York
|
+$4.39M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$3.42M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.39M |
| 5 |
ARQ Wealth Advisors
Scottsdale,
Arizona
|
+$2.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$953K |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$849K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$688K |
| 4 |
MI
Moneywise Inc
Forest,
Virginia
|
-$600K |
| 5 |
GenWealth Group
Maplewood,
New Jersey
|
-$577K |
MUST Hedge Fund Activity: Q2 2025 in Review
83 of the 7,626 institutional investors tracked by Wall St. Rank reported a position in Columbia Multi-Sector Municipal Income ETF (MUST) for Q2 2025, worth a combined $308M — up 15% from $267M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MUST positions and 8 closed out — a net gain of 5 holders — while 35 added to existing stakes and 24 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $18.9M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $953K.
- 83 institutional investors held Columbia Multi-Sector Municipal Income ETF (MUST) as of Q2 2025, up from 78 in Q1 2025.
- Funds reported $308M of Columbia Multi-Sector Municipal Income ETF stock for Q2 2025, up 15% quarter-over-quarter.
- 13 funds opened new Columbia Multi-Sector Municipal Income ETF positions in Q2 2025 and 8 closed out, a net change of +5 holders.
- The largest Columbia Multi-Sector Municipal Income ETF buyer in Q2 2025 was Morgan Stanley, an estimated $18.9M added.
- The largest Columbia Multi-Sector Municipal Income ETF seller in Q2 2025 was Wealth Enhancement Advisory Services, an estimated $953K sold.
Based on aggregated 13F filings for Q2 2025.