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iShares Short-Term National Muni Bond ETF

124 hedge funds and large institutions have $472M invested in iShares Short-Term National Muni Bond ETF in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 42 increasing their positions, 40 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 40

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 11

1% less funds holding

Funds holding: 125124 (-1)

2% less capital invested

Capital invested by funds: $480M → $472M (-$7.24M)

1.91% less ownership

Funds ownership: 54.65%52.74% (-1.9%)

Holders
124
Holders Change
-1
Holders Change %
-0.8%
% of All Funds
3.46%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
11
Increased
42
Reduced
40
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$155M -$26.5M -250,361 -15%
UBS Group
2
UBS Group
Switzerland
$40.4M +$10.2M +96,135 +34%
Morgan Stanley
3
Morgan Stanley
New York
$35M -$823K -7,779 -2%
US Bancorp
4
US Bancorp
Minnesota
$19.9M -$754K -7,125 -4%
SEI Investments
5
SEI Investments
Pennsylvania
$18.6M +$4.07M +38,468 +28%
DWM
6
Destination Wealth Management
California
$17M -$1.29M -12,233 -7%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$15.3M +$1.7M +16,110 +13%
Wells Fargo
8
Wells Fargo
California
$13.2M -$775K -7,326 -6%
BIM
9
BlackRock Investment Management
Delaware
$10.1M +$749K +7,081 +8%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$7.99M +$1.77M +16,688 +28%
UCFA
11
United Capital Financial Advisors
Texas
$7.07M -$167K -1,578 -2%
AL
12
Aspiriant LLC
California
$7.07M +$1.88M +17,750 +36%
JP Morgan Chase
13
JP Morgan Chase
New York
$5M +$1.64M +15,511 +49%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$4.98M +$13K +123 +0.3%
Stifel Financial
15
Stifel Financial
Missouri
$4.79M +$123K +1,166 +3%
CCG
16
Cypress Capital Group
Florida
$4.52M +$265K +2,510 +6%
CFMC
17
Curbstone Financial Management Corp
New Hampshire
$3.98M
AIM
18
Allen Investment Management
New York
$3.94M -$1M -9,480 -20%
BAC
19
Boys Arnold & Co
North Carolina
$3.5M -$212K -2,000 -6%
LG
20
LaFleur & Godfrey
Michigan
$3.44M -$76.7K -725 -2%
LPT
21
Legacy Private Trust
Wisconsin
$3.31M +$1.55M +14,654 +89%
HFS
22
HL Financial Services
Kentucky
$3.25M +$24.3K +230 +0.8%
LPL Financial
23
LPL Financial
California
$3.22M -$69.4K -656 -2%
KeyBank National Association
24
KeyBank National Association
Ohio
$3.19M -$1.08M -10,257 -25%
TYCC
25
Texas Yale Capital Corp
Florida
$3.04M

SUB Hedge Fund Activity: Q3 2015 in Review

124 of the 3,581 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q3 2015, worth a combined $472M — down 1.5% from $480M a quarter earlier.

Fund positioning in SUB was balanced in Q3 2015: 11 funds opened new positions, 11 closed out, 42 added to existing stakes and 40 trimmed.

The largest buyer was UBS Group, adding an estimated $10.2M. The largest seller was Bank of America, cutting an estimated $26.5M.

  • 124 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q3 2015, down from 125 in Q2 2015.
  • Funds reported $472M of iShares Short-Term National Muni Bond ETF stock for Q3 2015, down 1.5% quarter-over-quarter.
  • 11 funds opened new iShares Short-Term National Muni Bond ETF positions in Q3 2015 and 11 closed out, a net change of 0 holders.
  • The largest iShares Short-Term National Muni Bond ETF buyer in Q3 2015 was UBS Group, an estimated $10.2M added.
  • The largest iShares Short-Term National Muni Bond ETF seller in Q3 2015 was Bank of America, an estimated $26.5M sold.

Based on aggregated 13F filings for Q3 2015.