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iShares Short-Term National Muni Bond ETF

847 hedge funds and large institutions have $8.72B invested in iShares Short-Term National Muni Bond ETF in 2025 Q2 according to their latest regulatory filings, with 84 funds opening new positions, 355 increasing their positions, 274 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 62

30% more repeat investments, than reductions

Existing positions increased: 355 | Existing positions reduced: 274

12% more capital invested

Capital invested by funds: $7.81B → $8.72B (+$905M)

9% more funds holding in top 10

Funds holding in top 10: 2325 (+2)

2% more funds holding

Funds holding: 833847 (+14)

1.41% less ownership

Funds ownership: 89.08%87.67% (-1.4%)

Holders
847
Holders Change
+14
Holders Change %
+1.68%
% of All Funds
11.15%
Holding in Top 10
25
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+8.7%
% of All Funds
0.33%
New
84
Increased
355
Reduced
274
Closed
62
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AQR Capital Management
526
AQR Capital Management
Connecticut
$607K
LW
527
Libra Wealth
California
$606K
OWM
528
Orgel Wealth Management
Wisconsin
$605K +$35.5K +336 +6%
PFBT
529
Parkside Financial Bank & Trust
Missouri
$599K +$370K +3,500 +164%
HI
530
Harbour Investments
Wisconsin
$597K +$35.5K +336 +6%
FHA
531
Flagship Harbor Advisors
Massachusetts
$592K +$20K +189 +4%
PFA
532
Petra Financial Advisors
Colorado
$590K -$1.9K -18 -0.3%
SAM
533
SP Asset Management
California
$589K +$3.38K +32 +0.6%
CA
534
Crewe Advisors
Utah
$589K
WWA
535
Wingate Wealth Advisors
Massachusetts
$582K -$62.9K -595 -10%
MWM
536
Modern Wealth Management
Kansas
$576K -$106 -1 -0%
SOWAS
537
Silver Oak Wealth Advisors Services
California
$575K -$5.6K -53 -1%
PIMG
538
Patriot Investment Management Group
Tennessee
$572K +$5.28K +50 +0.9%
CT
539
Colonial Trust
South Carolina
$571K +$54.9K +520 +11%
PGAM
540
Princeton Global Asset Management
New Jersey
$567K -$40.1K -380 -7%
LWM
541
LeConte Wealth Management
Tennessee
$566K +$563K +5,326 New
DCM
542
Donaldson Capital Management
Indiana
$563K -$40.8K -386 -7%
LWA
543
Lineweaver Wealth Advisors
Ohio
$554K +$51K +483 +10%
LAMC
544
Longview Asset Management (California)
California
$552K -$51.3K -486 -9%
CAG
545
Csenge Advisory Group
Florida
$547K -$8.98K -85 -2%
CPP
546
Capasso Planning Partners
South Carolina
$546K -$63.4K -600 -10%
RWM
547
Rialto Wealth Management
New York
$545K +$2.64K +25 +0.5%
CFP
548
Catalyst Financial Partners
Massachusetts
$544K -$562K -5,325 -51%
GI
549
Gradient Investments
Minnesota
$544K +$541K +5,119 New
WA
550
WBH Advisory
Maryland
$543K +$36.4K +345 +7%

SUB Hedge Fund Activity: Q2 2025 in Review

847 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q2 2025, worth a combined $8.72B — up 12% from $7.81B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new SUB positions and 62 closed out — a net gain of 22 holders — while 355 added to existing stakes and 274 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $324M. The largest seller was Ellevest Inc, cutting an estimated $39.4M.

  • 847 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q2 2025, up from 833 in Q1 2025.
  • Funds reported $8.72B of iShares Short-Term National Muni Bond ETF stock for Q2 2025, up 12% quarter-over-quarter.
  • 84 funds opened new iShares Short-Term National Muni Bond ETF positions in Q2 2025 and 62 closed out, a net change of +22 holders.
  • The largest iShares Short-Term National Muni Bond ETF buyer in Q2 2025 was Morgan Stanley, an estimated $324M added.
  • The largest iShares Short-Term National Muni Bond ETF seller in Q2 2025 was Ellevest Inc, an estimated $39.4M sold.

Based on aggregated 13F filings for Q2 2025.