iShares Short-Term National Muni Bond ETF
177 hedge funds and large institutions have $830M invested in iShares Short-Term National Muni Bond ETF in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 66 increasing their positions, 52 reducing their positions, and 20 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 52
0% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 20
1% less capital invested
Capital invested by funds: $837M → $830M (-$7.17M)
1% less funds holding
Funds holding: 179 → 177 (-2)
5.36% less ownership
Funds ownership: 62.75% → 57.4% (-5.4%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
+$25.3M |
| 2 |
BlackRock
New York
|
+$22.3M |
| 3 |
Jane Street
New York
|
+$9.87M |
| 4 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
+$8.74M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$7.13M |
Top Sellers
| 1 |
CGL
Clarius Group LLC
Seattle,
Washington
|
-$15.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$12.8M |
| 3 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$9.25M |
| 4 |
TC
Telemus Capital
Southfield,
Michigan
|
-$7.49M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$7.46M |
SUB Hedge Fund Activity: Q1 2017 in Review
177 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q1 2017, worth a combined $830M — down 0.86% from $837M a quarter earlier.
Fund positioning in SUB was balanced in Q1 2017: 20 funds opened new positions, 20 closed out, 66 added to existing stakes and 52 trimmed.
The largest buyer was SEI Investments, adding an estimated $25.3M. The largest seller was Clarius Group LLC, exiting entirely with an estimated $15.8M sold.
- 177 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q1 2017, down from 179 in Q4 2016.
- Funds reported $830M of iShares Short-Term National Muni Bond ETF stock for Q1 2017, down 0.86% quarter-over-quarter.
- 20 funds opened new iShares Short-Term National Muni Bond ETF positions in Q1 2017 and 20 closed out, a net change of 0 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q1 2017 was SEI Investments, an estimated $25.3M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q1 2017 was Clarius Group LLC, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2017.