iShares New York Muni Bond ETF
29 hedge funds and large institutions have $31M invested in iShares New York Muni Bond ETF in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
12% more funds holding
Funds holding: 26 → 29 (+3)
9.82% less ownership
Funds ownership: 59.67% → 49.85% (-9.8%)
17% less capital invested
Capital invested by funds: $37.4M → $31M (-$6.41M)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.41M |
| 2 |
AF
Arrow Financial
Glens Falls,
New York
|
+$355K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$313K |
| 4 |
1GA
1st Global Advisors
Dallas,
Texas
|
+$247K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$243K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$7.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.82M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$656K |
| 4 |
Barclays
London,
United Kingdom
|
-$400K |
| 5 |
FWM
Focused Wealth Management
Newburgh,
New York
|
-$99K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HR
26
Howe & Rusling
Rochester,
New York
| $52K | – | – | – |
|
27
Citigroup
New York
| $30K | – | – | – |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $19K | – | – | – |
|
|
AIG
29
American International Group
New York
| $14K | -$22.5K | -420 | -62% |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$46K | -880 | Closed |
|
NYF Hedge Fund Activity: Q1 2014 in Review
29 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in iShares New York Muni Bond ETF (NYF) for Q1 2014, worth a combined $31M — down 17% from $37.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NYF positions and 1 closed out — a net gain of 3 holders — while 7 added to existing stakes and 12 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.41M. The largest seller was Jane Street, cutting an estimated $7.7M.
- 29 institutional investors held iShares New York Muni Bond ETF (NYF) as of Q1 2014, up from 26 in Q4 2013.
- Funds reported $31M of iShares New York Muni Bond ETF stock for Q1 2014, down 17% quarter-over-quarter.
- 4 funds opened new iShares New York Muni Bond ETF positions in Q1 2014 and 1 closed out, a net change of +3 holders.
- The largest iShares New York Muni Bond ETF buyer in Q1 2014 was Wells Fargo, an estimated $2.41M added.
- The largest iShares New York Muni Bond ETF seller in Q1 2014 was Jane Street, an estimated $7.7M sold.
Based on aggregated 13F filings for Q1 2014.