iShares Short-Term National Muni Bond ETF
294 hedge funds and large institutions have $1.55B invested in iShares Short-Term National Muni Bond ETF in 2019 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 134 increasing their positions, 74 reducing their positions, and 18 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 74
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
22% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 18
7% more capital invested
Capital invested by funds: $1.45B → $1.55B (+$98.1M)
1% less funds holding
Funds holding: 296 → 294 (-2)
0.71% less ownership
Funds ownership: 66.51% → 65.8% (-0.71%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$11.4M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$8.72M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.48M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$7.29M |
| 5 |
Morgan Stanley
New York
|
+$6.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$10.1M |
| 2 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$1.86M |
| 3 |
Renaissance Technologies
New York
|
-$1.84M |
| 4 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$1.81M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.67M |
SUB Hedge Fund Activity: Q2 2019 in Review
294 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q2 2019, worth a combined $1.55B — up 6.7% from $1.45B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SUB positions and 18 closed out — a net gain of 4 holders — while 134 added to existing stakes and 74 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $11.4M. The largest seller was Wells Fargo, cutting an estimated $10.1M.
- 294 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q2 2019, down from 296 in Q1 2019.
- Funds reported $1.55B of iShares Short-Term National Muni Bond ETF stock for Q2 2019, up 6.7% quarter-over-quarter.
- 22 funds opened new iShares Short-Term National Muni Bond ETF positions in Q2 2019 and 18 closed out, a net change of +4 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q2 2019 was Principal Financial Group, an estimated $11.4M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q2 2019 was Wells Fargo, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2019.