iShares Short-Term National Muni Bond ETF
400 hedge funds and large institutions have $2.21B invested in iShares Short-Term National Muni Bond ETF in 2020 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 142 increasing their positions, 116 reducing their positions, and 35 closing their positions.
89% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 35
22% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 116
11% more capital invested
Capital invested by funds: $1.98B → $2.21B (+$226M)
8% more funds holding
Funds holding: 370 → 400 (+30)
2.09% less ownership
Funds ownership: 68.34% → 66.24% (-2.1%)
25% less funds holding in top 10
Funds holding in top 10: 20 → 15 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$25.9M |
| 2 |
Morgan Stanley
New York
|
+$20.6M |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
+$18.1M |
| 4 |
PPW
Parcion Private Wealth
Bellevue,
Washington
|
+$17.4M |
| 5 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$25.9M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$18M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$9.58M |
| 4 |
KCM
Kathmere Capital Management
Wayne,
Pennsylvania
|
-$9.55M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$6.97M |
SUB Hedge Fund Activity: Q2 2020 in Review
400 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q2 2020, worth a combined $2.21B — up 11% from $1.98B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new SUB positions and 35 closed out — a net gain of 31 holders — while 142 added to existing stakes and 116 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $25.9M. The largest seller was Jane Street, cutting an estimated $25.9M.
- 400 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q2 2020, up from 370 in Q1 2020.
- Funds reported $2.21B of iShares Short-Term National Muni Bond ETF stock for Q2 2020, up 11% quarter-over-quarter.
- 66 funds opened new iShares Short-Term National Muni Bond ETF positions in Q2 2020 and 35 closed out, a net change of +31 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q2 2020 was AssetMark Inc, an estimated $25.9M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q2 2020 was Jane Street, an estimated $25.9M sold.
Based on aggregated 13F filings for Q2 2020.