iShares Short-Term National Muni Bond ETF
155 hedge funds and large institutions have $637M invested in iShares Short-Term National Muni Bond ETF in 2016 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 54 increasing their positions, 42 reducing their positions, and 6 closing their positions.
233% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 6
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 42
10% more funds holding
Funds holding: 141 → 155 (+14)
6% more capital invested
Capital invested by funds: $600M → $637M (+$37.7M)
1.23% less ownership
Funds ownership: 58.15% → 56.92% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$14.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$9.65M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$8.44M |
| 4 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$7.17M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$8.26M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.93M |
| 3 |
WF
WealthTrust Fairport
Cleveland,
Ohio
|
-$5.68M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.33M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$3.63M |
SUB Hedge Fund Activity: Q3 2016 in Review
155 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q3 2016, worth a combined $637M — up 6.3% from $600M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SUB positions and 6 closed out — a net gain of 14 holders — while 54 added to existing stakes and 42 trimmed.
The largest buyer was CLA (CliftonLarsonAllen) Wealth Advisors, opening a new position worth an estimated $14.5M. The largest seller was United Capital Financial Advisors, cutting an estimated $8.26M.
- 155 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q3 2016, up from 141 in Q2 2016.
- Funds reported $637M of iShares Short-Term National Muni Bond ETF stock for Q3 2016, up 6.3% quarter-over-quarter.
- 20 funds opened new iShares Short-Term National Muni Bond ETF positions in Q3 2016 and 6 closed out, a net change of +14 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q3 2016 was CLA (CliftonLarsonAllen) Wealth Advisors, an estimated $14.5M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q3 2016 was United Capital Financial Advisors, an estimated $8.26M sold.
Based on aggregated 13F filings for Q3 2016.