iShares Short-Term National Muni Bond ETF
146 hedge funds and large institutions have $605M 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, 38 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)
11% more funds holding
Funds holding: 131 → 146 (+15)
9% more capital invested
Capital invested by funds: $555M → $605M (+$50.3M)
1.82% more ownership
Funds ownership: 57.49% → 59.31% (+1.8%)
8% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 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
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$13.6M |
| 2 |
BAC
Boys Arnold & Co
Asheville,
North Carolina
|
-$4.74M |
| 3 |
KeyBank National Association
Cleveland,
Ohio
|
-$814K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$813K |
| 5 |
BFA
Bragg Financial Advisors
Charlotte,
North Carolina
|
-$538K |
SUB Hedge Fund Activity: Q1 2016 in Review
146 of the 3,767 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 $605M — up 9.1% from $555M 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 38 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.
- 146 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q1 2016, up from 131 in Q4 2015.
- Funds reported $605M of iShares Short-Term National Muni Bond ETF stock for Q1 2016, up 9.1% 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.