iShares Short-Term National Muni Bond ETF
131 hedge funds and large institutions have $555M invested in iShares Short-Term National Muni Bond ETF in 2015 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 51 increasing their positions, 32 reducing their positions, and 11 closing their positions.
355% more capital inflows, than outflows
Capital inflows: $108M | Capital outflows: $23.8M
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
59% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 32
4% more funds holding
Funds holding: 126 → 131 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$31.3M |
| 2 |
BlackRock Investment Management
Wilmington,
Delaware
|
+$16.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$11M |
| 4 |
Morgan Stanley
New York
|
+$7.53M |
| 5 |
CFMC
Curbstone Financial Management Corp
Manchester,
New Hampshire
|
+$4.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aspiriant LLC
Los Angeles,
California
|
-$5.2M |
| 2 |
Destination Wealth Management
Walnut Creek,
California
|
-$4.51M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.67M |
| 4 |
Jane Street
New York
|
-$2M |
| 5 |
KeyBank National Association
Cleveland,
Ohio
|
-$1.03M |
SUB Hedge Fund Activity: Q4 2015 in Review
131 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q4 2015, worth a combined $555M — up 17% from $473M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SUB positions and 11 closed out — a net gain of 8 holders — while 51 added to existing stakes and 32 trimmed.
The largest buyer was Bank of America, adding an estimated $31.3M. The largest seller was Aspiriant LLC, cutting an estimated $5.2M.
- 131 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q4 2015, up from 126 in Q3 2015.
- Funds reported $555M of iShares Short-Term National Muni Bond ETF stock for Q4 2015, up 17% quarter-over-quarter.
- 19 funds opened new iShares Short-Term National Muni Bond ETF positions in Q4 2015 and 11 closed out, a net change of +8 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q4 2015 was Bank of America, an estimated $31.3M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q4 2015 was Aspiriant LLC, an estimated $5.2M sold.
Based on aggregated 13F filings for Q4 2015.