iShares Short-Term National Muni Bond ETF
370 hedge funds and large institutions have $1.98B invested in iShares Short-Term National Muni Bond ETF in 2020 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 130 increasing their positions, 128 reducing their positions, and 45 closing their positions.
11% more funds holding in top 10
Funds holding in top 10: 18 → 20 (+2)
6% more capital invested
Capital invested by funds: $1.88B → $1.98B (+$107M)
9% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 45
2% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 128
0.25% less ownership
Funds ownership: 68.59% → 68.34% (-0.25%)
1% less funds holding
Funds holding: 374 → 370 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$68.9M |
| 2 |
Jane Street
New York
|
+$34.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$26.1M |
| 4 |
JP Morgan Chase
New York
|
+$17.9M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
-$25.2M |
| 2 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
-$19.6M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$12.1M |
| 4 |
PPW
Parcion Private Wealth
Bellevue,
Washington
|
-$5.34M |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
-$4.56M |
SUB Hedge Fund Activity: Q1 2020 in Review
370 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q1 2020, worth a combined $1.98B — up 5.7% from $1.88B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new SUB positions and 45 closed out — a net gain of 4 holders — while 130 added to existing stakes and 128 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $68.9M. The largest seller was SEI Investments, cutting an estimated $25.2M.
- 370 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q1 2020, down from 374 in Q4 2019.
- Funds reported $1.98B of iShares Short-Term National Muni Bond ETF stock for Q1 2020, up 5.7% quarter-over-quarter.
- 49 funds opened new iShares Short-Term National Muni Bond ETF positions in Q1 2020 and 45 closed out, a net change of +4 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q1 2020 was Morgan Stanley, an estimated $68.9M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q1 2020 was SEI Investments, an estimated $25.2M sold.
Based on aggregated 13F filings for Q1 2020.