iShares Short-Term National Muni Bond ETF
473 hedge funds and large institutions have $2.59B invested in iShares Short-Term National Muni Bond ETF in 2020 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 201 increasing their positions, 106 reducing their positions, and 29 closing their positions.
207% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 29
90% more repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 106
12% more funds holding
Funds holding: 423 → 473 (+50)
5% more capital invested
Capital invested by funds: $2.47B → $2.59B (+$121M)
0% more funds holding in top 10
Funds holding in top 10: 14 → 14 (0)
1.6% less ownership
Funds ownership: 65.7% → 64.09% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$63.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$26.9M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$19.8M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$13M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$87.4M |
| 2 |
Bank of New York Mellon
New York
|
-$41.3M |
| 3 |
Morgan Stanley
New York
|
-$25.3M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$11.8M |
| 5 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
-$10.5M |
SUB Hedge Fund Activity: Q4 2020 in Review
473 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q4 2020, worth a combined $2.59B — up 4.9% from $2.47B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new SUB positions and 29 closed out — a net gain of 60 holders — while 201 added to existing stakes and 106 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $63.6M. The largest seller was UBS Group, cutting an estimated $87.4M.
- 473 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q4 2020, up from 423 in Q3 2020.
- Funds reported $2.59B of iShares Short-Term National Muni Bond ETF stock for Q4 2020, up 4.9% quarter-over-quarter.
- 89 funds opened new iShares Short-Term National Muni Bond ETF positions in Q4 2020 and 29 closed out, a net change of +60 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q4 2020 was Raymond James & Associates, an estimated $63.6M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q4 2020 was UBS Group, an estimated $87.4M sold.
Based on aggregated 13F filings for Q4 2020.