iShares Short-Term National Muni Bond ETF
752 hedge funds and large institutions have $8.57B invested in iShares Short-Term National Muni Bond ETF in 2023 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 261 increasing their positions, 322 reducing their positions, and 61 closing their positions.
4.7% more ownership
Funds ownership: 81.53% → 86.23% (+4.7%)
1% less funds holding
Funds holding: 758 → 752 (-6)
2% less capital invested
Capital invested by funds: $8.75B → $8.57B (-$176M)
7% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 61
11% less funds holding in top 10
Funds holding in top 10: 47 → 42 (-5)
19% less repeat investments, than reductions
Existing positions increased: 261 | Existing positions reduced: 322
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$281M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$117M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$56.5M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$32M |
| 5 |
Morgan Stanley
New York
|
+$31.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$242M |
| 2 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
-$123M |
| 3 |
Bank of New York Mellon
New York
|
-$79.2M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$60.8M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$45.2M |
SUB Hedge Fund Activity: Q2 2023 in Review
752 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q2 2023, worth a combined $8.57B — down 2% from $8.75B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of SUB and 57 opened new positions — a net loss of 4 holders — while 322 trimmed existing stakes and 261 added.
The largest buyer was Jane Street, adding an estimated $281M. The largest seller was JP Morgan Chase, cutting an estimated $242M.
- 752 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q2 2023, down from 758 in Q1 2023.
- Funds reported $8.57B of iShares Short-Term National Muni Bond ETF stock for Q2 2023, down 2% quarter-over-quarter.
- 57 funds opened new iShares Short-Term National Muni Bond ETF positions in Q2 2023 and 61 closed out, a net change of -4 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q2 2023 was Jane Street, an estimated $281M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q2 2023 was JP Morgan Chase, an estimated $242M sold.
Based on aggregated 13F filings for Q2 2023.