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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
RSWM
701
Robertson Stephens Wealth Management
California
$276K +$274K +2,591 New
VWA
702
VERITY Wealth Advisors
United States
$273K
SPI
703
Sutton Place Investors
New York
$272K -$2.22K -21 -0.8%
OC
704
Oppenheimer & Co
New York
$271K +$12.7K +120 +5%
LFG
705
Lockerman Financial Group
California
$270K
SHF
706
Stage Harbor Financial
Massachusetts
$270K
EW
707
Elyxium Wealth
California
$270K +$65.1K +616 +32%
LSA
708
Lansing Street Advisors
Pennsylvania
$270K +$268K +2,535 New
VFA
709
Valeo Financial Advisors
Indiana
$269K +$267K +2,532 New
GSIAS
710
Garden State Investment Advisory Services
New Jersey
$268K -$119K -1,131 -31%
WC
711
Whitney & Co
New York
$267K
PG
712
Proffitt & Goodson
Tennessee
$262K +$19.6K +186 +8%
TA
713
TruWealth Advisors
Louisiana
$261K -$106 -1 -0%
CAL
714
Capital Advisors Ltd
Ohio
$261K
WE
715
Wealth Effects
Massachusetts
$259K -$23.8K -225 -8%
OWCM
716
One Wealth Capital Management
Arizona
$259K -$1.58K -15 -0.6%
FCM
717
Firestone Capital Management
Florida
$258K +$1.48K +14 +0.6%
FLA
718
Financial Life Advisors
Texas
$258K -$20.8K -197 -8%
AC
719
AWM Capital
Arizona
$257K -$22.7K -215 -8%
LWM
720
Lodestone Wealth Management
Washington
$255K +$253K +2,398 New
NA
721
Nautilus Advisors
California
$252K
FAM
722
Flaharty Asset Management
Florida
$252K +$8.56K +81 +4%
FWMP
723
Foundation Wealth Management (Pennsylvania)
Pennsylvania
$252K
CF
724
Cyr Financial
Illinois
$249K -$262K -2,478 -51%
JIP
725
Jaffetilchin Investment Partners
Florida
$246K

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.