iShares Short-Term National Muni Bond ETF
141 hedge funds and large institutions have $600M invested in iShares Short-Term National Muni Bond ETF in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 45 increasing their positions, 45 reducing their positions, and 13 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 45
1% less capital invested
Capital invested by funds: $605M → $600M (-$5.31M)
1.16% less ownership
Funds ownership: 59.31% → 58.15% (-1.2%)
3% less funds holding
Funds holding: 146 → 141 (-5)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$11M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.09M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$5.93M |
| 4 |
WF
WealthTrust Fairport
Cleveland,
Ohio
|
+$5.67M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UFF
USA Financial Formulas
Ada,
Michigan
|
-$15.7M |
| 2 |
DWM
Destination Wealth Management
Walnut Creek,
California
|
-$12.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$11.6M |
| 4 |
Morgan Stanley
New York
|
-$6.61M |
| 5 |
LPL Financial
San Diego,
California
|
-$3.97M |
SUB Hedge Fund Activity: Q2 2016 in Review
141 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q2 2016, worth a combined $600M — down 0.88% from $605M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SUB and 10 opened new positions — a net loss of 3 holders — while 45 trimmed existing stakes and 45 added.
The largest buyer was BlackRock Investment Management, adding an estimated $11M. The largest seller was USA Financial Formulas, exiting entirely with an estimated $15.7M sold.
- 141 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q2 2016, down from 146 in Q1 2016.
- Funds reported $600M of iShares Short-Term National Muni Bond ETF stock for Q2 2016, down 0.88% quarter-over-quarter.
- 10 funds opened new iShares Short-Term National Muni Bond ETF positions in Q2 2016 and 13 closed out, a net change of -3 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q2 2016 was BlackRock Investment Management, an estimated $11M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q2 2016 was USA Financial Formulas, an estimated $15.7M sold.
Based on aggregated 13F filings for Q2 2016.