iShares Short-Term National Muni Bond ETF
215 hedge funds and large institutions have $927M invested in iShares Short-Term National Muni Bond ETF in 2017 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 78 increasing their positions, 54 reducing their positions, and 17 closing their positions.
200% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 17
44% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 54
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
17% more funds holding
Funds holding: 184 → 215 (+31)
1.16% more ownership
Funds ownership: 59.39% → 60.55% (+1.2%)
3% more capital invested
Capital invested by funds: $898M → $927M (+$29.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$29M |
| 2 |
IA
Independence Advisors
Wayne,
Pennsylvania
|
+$19.8M |
| 3 |
Bank of New York Mellon
New York
|
+$7.8M |
| 4 |
PWM
Patriot Wealth Management
Houston,
Texas
|
+$7.69M |
| 5 |
TF
TIAA FSB
Jacksonville,
Florida
|
+$4.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$31.7M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$6.17M |
| 3 |
CFMC
Curbstone Financial Management Corp
Manchester,
New Hampshire
|
-$4.28M |
| 4 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$4.02M |
| 5 |
OCM
One Capital Management
Westlake Village,
California
|
-$3.19M |
SUB Hedge Fund Activity: Q4 2017 in Review
215 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q4 2017, worth a combined $927M — up 3.3% from $898M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new SUB positions and 17 closed out — a net gain of 34 holders — while 78 added to existing stakes and 54 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $29M. The largest seller was Bank of America, cutting an estimated $31.7M.
- 215 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q4 2017, up from 184 in Q3 2017.
- Funds reported $927M of iShares Short-Term National Muni Bond ETF stock for Q4 2017, up 3.3% quarter-over-quarter.
- 51 funds opened new iShares Short-Term National Muni Bond ETF positions in Q4 2017 and 17 closed out, a net change of +34 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q4 2017 was Jane Street, an estimated $29M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q4 2017 was Bank of America, an estimated $31.7M sold.
Based on aggregated 13F filings for Q4 2017.