iShares Short-Term National Muni Bond ETF
218 hedge funds and large institutions have $977M invested in iShares Short-Term National Muni Bond ETF in 2018 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 70 increasing their positions, 73 reducing their positions, and 17 closing their positions.
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
4% more funds holding
Funds holding: 209 → 218 (+9)
1% more capital invested
Capital invested by funds: $965M → $977M (+$11.1M)
0.22% less ownership
Funds ownership: 62.36% → 62.14% (-0.22%)
4% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 73
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
US Bancorp
Minneapolis,
Minnesota
|
+$11.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$5.12M |
| 3 |
Morgan Stanley
New York
|
+$4.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.06M |
| 5 |
PP
PrairieView Partners
St. Paul,
Minnesota
|
+$3.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$11M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
-$7.04M |
| 3 |
Jane Street
New York
|
-$6.34M |
| 4 |
PWM
Patriot Wealth Management
Houston,
Texas
|
-$2.58M |
| 5 |
TF
TIAA FSB
Jacksonville,
Florida
|
-$2.56M |
SUB Hedge Fund Activity: Q2 2018 in Review
218 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q2 2018, worth a combined $977M — up 1.1% from $965M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SUB positions and 17 closed out — a net gain of 11 holders — while 70 added to existing stakes and 73 trimmed.
The largest buyer was US Bancorp, adding an estimated $11.3M. The largest seller was Karpus Investment Management, cutting an estimated $11M.
- 218 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q2 2018, up from 209 in Q1 2018.
- Funds reported $977M of iShares Short-Term National Muni Bond ETF stock for Q2 2018, up 1.1% quarter-over-quarter.
- 28 funds opened new iShares Short-Term National Muni Bond ETF positions in Q2 2018 and 17 closed out, a net change of +11 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q2 2018 was US Bancorp, an estimated $11.3M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q2 2018 was Karpus Investment Management, an estimated $11M sold.
Based on aggregated 13F filings for Q2 2018.