iShares Short-Term National Muni Bond ETF
101 hedge funds and large institutions have $412M invested in iShares Short-Term National Muni Bond ETF in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 41 increasing their positions, 27 reducing their positions, and 17 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 27
1% more capital invested
Capital invested by funds: $409M → $412M (+$2.5M)
1.67% less ownership
Funds ownership: 51.03% → 49.36% (-1.7%)
5% less funds holding
Funds holding: 106 → 101 (-5)
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$3.73M |
| 2 |
Jane Street
New York
|
+$3.52M |
| 3 |
KeyBank National Association
Cleveland,
Ohio
|
+$1.99M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$1.73M |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$10.9M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.13M |
| 3 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$1.1M |
| 4 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$1.09M |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$1.02M |
SUB Hedge Fund Activity: Q1 2014 in Review
101 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q1 2014, worth a combined $412M — up 0.61% from $409M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of SUB and 13 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 41 added.
The largest buyer was UBS, adding an estimated $3.73M. The largest seller was Bank of America, cutting an estimated $10.9M.
- 101 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q1 2014, down from 106 in Q4 2013.
- Funds reported $412M of iShares Short-Term National Muni Bond ETF stock for Q1 2014, up 0.61% quarter-over-quarter.
- 13 funds opened new iShares Short-Term National Muni Bond ETF positions in Q1 2014 and 17 closed out, a net change of -4 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q1 2014 was UBS, an estimated $3.73M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q1 2014 was Bank of America, an estimated $10.9M sold.
Based on aggregated 13F filings for Q1 2014.