iShares Short-Term National Muni Bond ETF
127 hedge funds and large institutions have $475M invested in iShares Short-Term National Muni Bond ETF in 2014 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 11 closing their positions.
136% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
27% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 33
11% more funds holding
Funds holding: 114 → 127 (+13)
1.88% more ownership
Funds ownership: 50.91% → 52.79% (+1.9%)
3% more capital invested
Capital invested by funds: $462M → $475M (+$12.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.3M |
| 2 |
Comerica Bank
Dallas,
Texas
|
+$2.75M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$2.64M |
| 4 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$2.06M |
| 5 |
AL
Aspiriant LLC
Los Angeles,
California
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.49M |
| 2 |
Jane Street
New York
|
-$4.31M |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
-$4M |
| 4 |
PGA
Portland Global Advisors
Portland,
Maine
|
-$2.46M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2M |
SUB Hedge Fund Activity: Q4 2014 in Review
127 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q4 2014, worth a combined $475M — up 2.8% from $462M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SUB positions and 11 closed out — a net gain of 15 holders — while 42 added to existing stakes and 33 trimmed.
The largest buyer was Bank of America, adding an estimated $6.3M. The largest seller was Morgan Stanley, cutting an estimated $4.49M.
- 127 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q4 2014, up from 114 in Q3 2014.
- Funds reported $475M of iShares Short-Term National Muni Bond ETF stock for Q4 2014, up 2.8% quarter-over-quarter.
- 26 funds opened new iShares Short-Term National Muni Bond ETF positions in Q4 2014 and 11 closed out, a net change of +15 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q4 2014 was Bank of America, an estimated $6.3M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q4 2014 was Morgan Stanley, an estimated $4.49M sold.
Based on aggregated 13F filings for Q4 2014.