iShares Short-Term National Muni Bond ETF
178 hedge funds and large institutions have $833M invested in iShares Short-Term National Muni Bond ETF in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 66 increasing their positions, 53 reducing their positions, and 20 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 53
1% less capital invested
Capital invested by funds: $838M → $833M (-$5.24M)
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
2% less funds holding
Funds holding: 181 → 178 (-3)
5.42% less ownership
Funds ownership: 62.82% → 57.4% (-5.4%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
+$25.3M |
| 2 |
BlackRock
New York
|
+$22.3M |
| 3 |
Jane Street
New York
|
+$9.87M |
| 4 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
+$8.74M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$7.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGL
Clarius Group LLC
Seattle,
Washington
|
-$15.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$12.8M |
| 3 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$9.25M |
| 4 |
TC
Telemus Capital
Southfield,
Michigan
|
-$7.49M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$7.46M |
SUB Hedge Fund Activity: Q1 2017 in Review
178 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q1 2017, worth a combined $833M — down 0.62% from $838M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SUB and 19 opened new positions — a net loss of 1 holder — while 53 trimmed existing stakes and 66 added.
The largest buyer was SEI Investments, adding an estimated $25.3M. The largest seller was Clarius Group LLC, exiting entirely with an estimated $15.8M sold.
- 178 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q1 2017, down from 181 in Q4 2016.
- Funds reported $833M of iShares Short-Term National Muni Bond ETF stock for Q1 2017, down 0.62% quarter-over-quarter.
- 19 funds opened new iShares Short-Term National Muni Bond ETF positions in Q1 2017 and 20 closed out, a net change of -1 holder.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q1 2017 was SEI Investments, an estimated $25.3M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q1 2017 was Clarius Group LLC, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2017.