iShares Short-Term National Muni Bond ETF
180 hedge funds and large institutions have $873M invested in iShares Short-Term National Muni Bond ETF in 2017 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 57 increasing their positions, 60 reducing their positions, and 16 closing their positions.
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
1% more funds holding
Funds holding: 178 → 180 (+2)
5% more capital invested
Capital invested by funds: $833M → $873M (+$40.1M)
0.84% more ownership
Funds ownership: 57.4% → 58.24% (+0.84%)
5% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 60
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$33.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$16.8M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$5.88M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.01M |
| 5 |
Morgan Stanley
New York
|
+$4.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Spruce Investment Advisors
Stamford,
Connecticut
|
-$11M |
| 2 |
EWM
Evercore Wealth Management
New York
|
-$3.54M |
| 3 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$3.43M |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$2.91M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.56M |
SUB Hedge Fund Activity: Q2 2017 in Review
180 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q2 2017, worth a combined $873M — up 4.8% from $833M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SUB positions and 16 closed out — a net gain of 3 holders — while 57 added to existing stakes and 60 trimmed.
The largest buyer was Bank of America, adding an estimated $33.1M. The largest seller was Spruce Investment Advisors, exiting entirely with an estimated $11M sold.
- 180 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q2 2017, up from 178 in Q1 2017.
- Funds reported $873M of iShares Short-Term National Muni Bond ETF stock for Q2 2017, up 4.8% quarter-over-quarter.
- 19 funds opened new iShares Short-Term National Muni Bond ETF positions in Q2 2017 and 16 closed out, a net change of +3 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q2 2017 was Bank of America, an estimated $33.1M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q2 2017 was Spruce Investment Advisors, an estimated $11M sold.
Based on aggregated 13F filings for Q2 2017.