ActivePassive Intermediate Municipal Bond ETF
APMU
22 hedge funds and large institutions have $208M invested in ActivePassive Intermediate Municipal Bond ETF in 2025 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 2 reducing their positions, and 2 closing their positions.
550% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 2
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
14% more capital invested
Capital invested by funds: $183M → $208M (+$25M)
5% more funds holding
Funds holding: 21 → 22 (+1)
2.25% more ownership
Funds ownership: 106.95% → 109.2% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$12.3M |
| 2 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
+$5.9M |
| 3 |
PS
Principal Securities
Des Moines,
Iowa
|
+$1.76M |
| 4 |
LPL Financial
San Diego,
California
|
+$752K |
| 5 |
Jane Street
New York
|
+$735K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSA
Lion Street Advisors
Austin,
Texas
|
-$223K |
| 2 |
FSA
Financial Sense Advisors
San Diego,
California
|
-$214K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$9.05K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$7.93K |
APMU Hedge Fund Activity: Q3 2025 in Review
22 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in ActivePassive Intermediate Municipal Bond ETF (APMU) for Q3 2025, worth a combined $208M — up 14% from $183M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new APMU positions and 2 closed out — a net gain of 2 holders — while 13 added to existing stakes and 2 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $12.3M. The largest seller was Lion Street Advisors, exiting entirely with an estimated $223K sold.
- 22 institutional investors held ActivePassive Intermediate Municipal Bond ETF (APMU) as of Q3 2025, up from 21 in Q2 2025.
- Funds reported $208M of ActivePassive Intermediate Municipal Bond ETF stock for Q3 2025, up 14% quarter-over-quarter.
- 4 funds opened new ActivePassive Intermediate Municipal Bond ETF positions in Q3 2025 and 2 closed out, a net change of +2 holders.
- The largest ActivePassive Intermediate Municipal Bond ETF buyer in Q3 2025 was Envestnet Asset Management, an estimated $12.3M added.
- The largest ActivePassive Intermediate Municipal Bond ETF seller in Q3 2025 was Lion Street Advisors, an estimated $223K sold.
Based on aggregated 13F filings for Q3 2025.