iShares Short-Term National Muni Bond ETF
761 hedge funds and large institutions have $8.78B invested in iShares Short-Term National Muni Bond ETF in 2023 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 251 increasing their positions, 327 reducing their positions, and 76 closing their positions.
1.24% less ownership
Funds ownership: 85.54% → 84.3% (-1.2%)
3% less funds holding
Funds holding: 786 → 761 (-25)
8% less capital invested
Capital invested by funds: $9.5B → $8.78B (-$717M)
12% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 76
22% less funds holding in top 10
Funds holding in top 10: 60 → 47 (-13)
23% less repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 327
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
+$68.3M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$53.6M |
| 3 |
Jane Street
New York
|
+$50.8M |
| 4 |
JP Morgan Chase
New York
|
+$30.2M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$28.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$147M |
| 2 |
WL
WIT LLC
District Of Columbia,
District of Columbia
|
-$118M |
| 3 |
Bank of New York Mellon
New York
|
-$66.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$63.6M |
| 5 |
Morgan Stanley
New York
|
-$60.2M |
SUB Hedge Fund Activity: Q1 2023 in Review
761 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q1 2023, worth a combined $8.78B — down 7.5% from $9.5B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of SUB and 67 opened new positions — a net loss of 9 holders — while 327 trimmed existing stakes and 251 added.
The largest buyer was Cerity Partners, adding an estimated $68.3M. The largest seller was Bank of America, cutting an estimated $147M.
- 761 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q1 2023, down from 786 in Q4 2022.
- Funds reported $8.78B of iShares Short-Term National Muni Bond ETF stock for Q1 2023, down 7.5% quarter-over-quarter.
- 67 funds opened new iShares Short-Term National Muni Bond ETF positions in Q1 2023 and 76 closed out, a net change of -9 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q1 2023 was Cerity Partners, an estimated $68.3M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q1 2023 was Bank of America, an estimated $147M sold.
Based on aggregated 13F filings for Q1 2023.