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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
EWA
76
EP Wealth Advisors
California
$14.3M +$6.52M +61,724 +85%
PCIA
77
Prime Capital Investment Advisors
Kansas
$14.3M +$2.99M +28,312 +27%
MML Investors Services
78
MML Investors Services
Massachusetts
$14.2M +$1.08M +10,233 +8%
COLIM
79
City of London Investment Management
United Kingdom
$13.9M +$13.8M +130,304 New
BWM
80
Brown Wealth Management
Illinois
$13.4M -$3.48M -32,932 -21%
SC
81
Slow Capital
California
$13.4M -$4.78M -45,251 -26%
AWC
82
Abundance Wealth Counselors
Pennsylvania
$13.1M -$40.4K -382 -0.3%
DWM
83
Dakota Wealth Management
Florida
$12.4M -$254K -2,407 -2%
SSWM
84
Sheets Smith Wealth Management
North Carolina
$12.3M -$449K -4,253 -4%
FLPIM
85
F.L. Putnam Investment Management
Massachusetts
$12.2M -$246K -2,325 -2%
TCM
86
TD Capital Management
Tennessee
$12.1M +$757K +7,170 +7%
OHIS
87
Oak Harvest Investment Services
Texas
$11.6M +$888K +8,404 +8%
GBT
88
Grove Bank & Trust
Florida
$11.4M -$212K -2,011 -2%
MFIM
89
Mesirow Financial Investment Management
Illinois
$11.4M +$179K +1,695 +2%
Corient Private Wealth
90
Corient Private Wealth
Florida
$10.9M +$784K +7,418 +8%
CCB
91
Country Club Bank
Missouri
$10.9M +$909K +8,602 +9%
PAG
92
Private Advisor Group
New Jersey
$10.5M +$1.36M +12,836 +15%
HWA
93
Heartwood Wealth Advisors
Virginia
$10.4M -$107K -1,013 -1%
WANY
94
Wealthspire Advisors (New York)
New York
$10.4M +$3.51M +33,220 +51%
AW
95
Alaethes Wealth
Nevada
$10.3M
PAS
96
Park Avenue Securities
New York
$10.1M -$2.22M -21,042 -18%
IAN
97
Integrated Advisors Network
Texas
$10M +$3.12M +29,544 +46%
PIFP
98
Partners in Financial Planning
Virginia
$9.72M +$758K +7,178 +9%
Janney Montgomery Scott
99
Janney Montgomery Scott
Pennsylvania
$9.57M +$3.09M +29,284 +48%
M&T Bank
100
M&T Bank
New York
$9.45M +$964K +9,130 +11%

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.