Columbia Multi-Sector Municipal Income ETF
MUST
86 hedge funds and large institutions have $447M invested in Columbia Multi-Sector Municipal Income ETF in 2026 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 37 increasing their positions, 21 reducing their positions, and 4 closing their positions.
1,075% more capital inflows, than outflows
Capital inflows: $89M | Capital outflows: $7.57M
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
76% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 21
11.29% more ownership
Funds ownership: 70.04% → 81.33% (+11%)
9% more funds holding
Funds holding: 79 → 86 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$26.9M |
| 2 |
Morgan Stanley
New York
|
+$20M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$6.3M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$4.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.75M |
| 2 |
Jane Street
New York
|
-$1.28M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$1.15M |
| 4 |
JP Morgan Chase
New York
|
-$1.1M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$520K |
MUST Hedge Fund Activity: Q1 2026 in Review
86 of the 8,210 institutional investors tracked by Wall St. Rank reported a position in Columbia Multi-Sector Municipal Income ETF (MUST) for Q1 2026, worth a combined $447M — up 21% from $370M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MUST positions and 4 closed out — a net gain of 10 holders — while 37 added to existing stakes and 21 trimmed.
The largest buyer was LPL Financial, adding an estimated $26.9M. The largest seller was Royal Bank of Canada, cutting an estimated $1.75M.
- 86 institutional investors held Columbia Multi-Sector Municipal Income ETF (MUST) as of Q1 2026, up from 79 in Q4 2025.
- Funds reported $447M of Columbia Multi-Sector Municipal Income ETF stock for Q1 2026, up 21% quarter-over-quarter.
- 14 funds opened new Columbia Multi-Sector Municipal Income ETF positions in Q1 2026 and 4 closed out, a net change of +10 holders.
- The largest Columbia Multi-Sector Municipal Income ETF buyer in Q1 2026 was LPL Financial, an estimated $26.9M added.
- The largest Columbia Multi-Sector Municipal Income ETF seller in Q1 2026 was Royal Bank of Canada, an estimated $1.75M sold.
Based on aggregated 13F filings for Q1 2026.