iShares Short-Term National Muni Bond ETF
144 hedge funds and large institutions have $603M invested in iShares Short-Term National Muni Bond ETF in 2016 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 41 increasing their positions, 37 reducing their positions, and 7 closing their positions.
229% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 7
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
12% more funds holding
Funds holding: 129 → 144 (+15)
11% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 37
9% more capital invested
Capital invested by funds: $554M → $603M (+$49.3M)
1.84% more ownership
Funds ownership: 57.4% → 59.23% (+1.8%)
Top Buyers
| 1 |
UFF
USA Financial Formulas
Ada,
Michigan
|
+$15.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$9.68M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.23M |
| 4 |
EA
Efficient Advisors
Mason,
Ohio
|
+$5M |
| 5 |
Jane Street
New York
|
+$4.85M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AFP
151
Ausdal Financial Partners
Davenport,
Iowa
| – | -$45K | -426 | Closed |
|
152
Citigroup
New York
| – | -$43K | -404 | Closed |
|
SUB Hedge Fund Activity: Q1 2016 in Review
144 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q1 2016, worth a combined $603M — up 8.9% from $554M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SUB positions and 7 closed out — a net gain of 16 holders — while 41 added to existing stakes and 37 trimmed.
The largest buyer was USA Financial Formulas, opening a new position worth an estimated $15.7M. The largest seller was BlackRock Investment Management, cutting an estimated $13.6M.
- 144 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q1 2016, up from 129 in Q4 2015.
- Funds reported $603M of iShares Short-Term National Muni Bond ETF stock for Q1 2016, up 8.9% quarter-over-quarter.
- 23 funds opened new iShares Short-Term National Muni Bond ETF positions in Q1 2016 and 7 closed out, a net change of +16 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q1 2016 was USA Financial Formulas, an estimated $15.7M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q1 2016 was BlackRock Investment Management, an estimated $13.6M sold.
Based on aggregated 13F filings for Q1 2016.