iShares Short-Term National Muni Bond ETF
184 hedge funds and large institutions have $898M invested in iShares Short-Term National Muni Bond ETF in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 57 increasing their positions, 61 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
2% more funds holding
Funds holding: 180 → 184 (+4)
1.15% more ownership
Funds ownership: 58.24% → 59.39% (+1.1%)
3% more capital invested
Capital invested by funds: $873M → $898M (+$24.7M)
7% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
+$27.5M |
| 2 |
OCM
One Capital Management
Westlake Village,
California
|
+$21.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$6.01M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.31M |
| 5 |
CFMC
Curbstone Financial Management Corp
Manchester,
New Hampshire
|
+$4.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$18.9M |
| 2 |
Jane Street
New York
|
-$9.13M |
| 3 |
IA
Independence Advisors
Wayne,
Pennsylvania
|
-$8.72M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.81M |
| 5 |
EA
Efficient Advisors
Mason,
Ohio
|
-$5.16M |
SUB Hedge Fund Activity: Q3 2017 in Review
184 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q3 2017, worth a combined $898M — up 2.8% from $873M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SUB positions and 11 closed out — a net gain of 6 holders — while 57 added to existing stakes and 61 trimmed.
The largest buyer was SEI Investments, adding an estimated $27.5M. The largest seller was BlackRock, cutting an estimated $18.9M.
- 184 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q3 2017, up from 180 in Q2 2017.
- Funds reported $898M of iShares Short-Term National Muni Bond ETF stock for Q3 2017, up 2.8% quarter-over-quarter.
- 17 funds opened new iShares Short-Term National Muni Bond ETF positions in Q3 2017 and 11 closed out, a net change of +6 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q3 2017 was SEI Investments, an estimated $27.5M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q3 2017 was BlackRock, an estimated $18.9M sold.
Based on aggregated 13F filings for Q3 2017.