iShares Short-Term National Muni Bond ETF
789 hedge funds and large institutions have $8.19B invested in iShares Short-Term National Muni Bond ETF in 2023 Q4 according to their latest regulatory filings, with 123 funds opening new positions, 268 increasing their positions, 317 reducing their positions, and 76 closing their positions.
62% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 76
23% more funds holding in top 10
Funds holding in top 10: 35 → 43 (+8)
5% more funds holding
Funds holding: 754 → 789 (+35)
4% more capital invested
Capital invested by funds: $7.85B → $8.19B (+$339M)
0.64% more ownership
Funds ownership: 89.21% → 89.85% (+0.64%)
15% less repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 317
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$134M |
| 2 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$109M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$59.2M |
| 4 |
Bank of New York Mellon
New York
|
+$32.3M |
| 5 |
JP Morgan Chase
New York
|
+$31.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$64M |
| 2 |
LPL Financial
San Diego,
California
|
-$55.7M |
| 3 |
WL
WIT LLC
District Of Columbia,
District of Columbia
|
-$30.3M |
| 4 |
RBCM
Raub Brock Capital Management
Larkspur,
California
|
-$30M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$29.8M |
SUB Hedge Fund Activity: Q4 2023 in Review
789 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q4 2023, worth a combined $8.19B — up 4.3% from $7.85B a quarter earlier.
Buyers outnumbered sellers: 123 funds opened new SUB positions and 76 closed out — a net gain of 47 holders — while 268 added to existing stakes and 317 trimmed.
The largest buyer was Jane Street, adding an estimated $134M. The largest seller was Envestnet Asset Management, cutting an estimated $64M.
- 789 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q4 2023, up from 754 in Q3 2023.
- Funds reported $8.19B of iShares Short-Term National Muni Bond ETF stock for Q4 2023, up 4.3% quarter-over-quarter.
- 123 funds opened new iShares Short-Term National Muni Bond ETF positions in Q4 2023 and 76 closed out, a net change of +47 holders.
- The largest iShares Short-Term National Muni Bond ETF buyer in Q4 2023 was Jane Street, an estimated $134M added.
- The largest iShares Short-Term National Muni Bond ETF seller in Q4 2023 was Envestnet Asset Management, an estimated $64M sold.
Based on aggregated 13F filings for Q4 2023.