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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
HNB
801
Huntington National Bank
Ohio
$68.3K
PC
802
Promus Capital
Illinois
$68.2K +$25.7K +243 +61%
M
803
MOTCO
Texas
$68K
PP
804
Pacifica Partners
Canada
$66.4K
CIA
805
Cape Investment Advisory
Georgia
$63.6K +$49.9K +472 +375%
BWM
806
Bernard Wealth Management
Michigan
$58.5K -$442K -4,187 -88%
KFP
807
Keener Financial Planning
Texas
$55K +$55.5K +525 New
ACA
808
Atlas Capital Advisors
Wyoming
$51.7K +$51.3K +486 New
AF
809
Advisornet Financial
Minnesota
$51.3K
HFS
810
Horizon Financial Services
North Carolina
$50.9K +$50.6K +479 New
MWM
811
Mascoma Wealth Management
New Hampshire
$47.9K
1L
812
10Elms LLP
Oklahoma
$46.3K
EB
813
Eastern Bank
Massachusetts
$45K +$41.4K +392 +1,265%
SHIM
814
Stone House Investment Management
Pennsylvania
$44.6K -$1.69M -16,005 -97%
BCM
815
Boreal Capital Management
Florida
$42.5K +$42.3K +400 New
LWCFA
816
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$39.9K
BI
817
Binnacle Investments
Iowa
$38.7K +$18K +170 +88%
BWAM
818
Boyd Watterson Asset Management
Ohio
$35K
S
819
SignatureFD
Georgia
$31.9K -$11.5K -109 -27%
GWS
820
Greykasell Wealth Strategies
California
$29.8K
LFA
821
LGT Financial Advisors
Texas
$28.1K +$211 +2 +0.8%
KHC
822
Koesten Hirschmann & Crabtree
Kansas
$26.8K -$63.4K -600 -70%
FNWA
823
Financial Network Wealth Advisors
Utah
$25.4K +$106 +1 +0.4%
HIA
824
Harbor Investment Advisory
Maryland
$22.8K +$1.69K +16 +8%
MYIA
825
Mount Yale Investment Advisors
Colorado
$21.6K +$21.4K +203 New

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.