iShares Short-Term National Muni Bond ETF
209 hedge funds and large institutions have $965M invested in iShares Short-Term National Muni Bond ETF in 2018 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 78 increasing their positions, 68 reducing their positions, and 23 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 68
1.81% more ownership
Funds ownership: 60.55% → 62.36% (+1.8%)
4% more capital invested
Capital invested by funds: $927M → $965M (+$37.9M)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
3% less funds holding
Funds holding: 215 → 209 (-6)
17% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 23
Top Buyers
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
+$35.7M |
| 2 |
Morgan Stanley
New York
|
+$7.79M |
| 3 |
OCM
One Capital Management
Westlake Village,
California
|
+$6.62M |
| 4 |
Goldman Sachs
New York
|
+$4.55M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$4.14M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Millennium Management
New York
| – | -$372K | -3,549 | Closed |
|
227
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$343K | -3,275 | Closed |
|
|
IWC
228
Integrated Wealth Concepts
Waltham,
Massachusetts
| – | -$207K | -1,977 | Closed |
|
|
IWP
229
Icon Wealth Partners
Houston,
Texas
| – | -$174K | -1,655 | Closed |
|
|
LC
230
Landaas & Company
Milwaukee,
Wisconsin
| – | -$153K | -1,462 | Closed |
|
|
AWM
231
Avondale Wealth Management
West Lake Hills,
Texas
| – | -$73K | -700 | Closed |
|
|
TWA
232
TCI Wealth Advisors
Tucson,
Arizona
| – | -$62K | -595 | Closed |
|
|
EWM
233
Evercore Wealth Management
New York
| – | -$4K | -40 | Closed |
|
|
BWM
234
Baystate Wealth Management
Boston,
Massachusetts
| – | -$3K | -33 | Closed |
|
SUB Hedge Fund Activity: Q1 2018 in Review
209 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q1 2018, worth a combined $965M — up 4.1% from $927M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SUB and 19 opened new positions — a net loss of 4 holders — while 68 trimmed existing stakes and 78 added.
The largest buyer was SEI Investments, adding an estimated $35.7M. The largest seller was Jane Street, cutting an estimated $20.2M.
- 209 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q1 2018, down from 215 in Q4 2017.
- Funds reported $965M of iShares Short-Term National Muni Bond ETF stock for Q1 2018, up 4.1% quarter-over-quarter.
- 19 funds opened new iShares Short-Term National Muni Bond ETF positions in Q1 2018 and 23 closed out, a net change of -4 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q1 2018 was SEI Investments, an estimated $35.7M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q1 2018 was Jane Street, an estimated $20.2M sold.
Based on aggregated 13F filings for Q1 2018.