ActivePassive Intermediate Municipal Bond ETF
APMU
24 hedge funds and large institutions have $244M invested in ActivePassive Intermediate Municipal Bond ETF in 2026 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 3 closing their positions.
379% more capital inflows, than outflows
Capital inflows: $27M | Capital outflows: $5.63M
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
11.18% more ownership
Funds ownership: 118.46% → 129.64% (+11%)
4% more funds holding
Funds holding: 23 → 24 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$17M |
| 2 |
Park Avenue Securities
New York
|
+$4.94M |
| 3 |
&Partners
Nashville,
Tennessee
|
+$1.59M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.37M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$655K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
-$4.63M |
| 2 |
Jane Street
New York
|
-$485K |
| 3 |
Goldman Sachs
New York
|
-$300K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$76.6K |
| 5 |
Allworth Financial
Folsom,
California
|
-$46.5K |
APMU Hedge Fund Activity: Q1 2026 in Review
24 of the 8,220 institutional investors tracked by Wall St. Rank reported a position in ActivePassive Intermediate Municipal Bond ETF (APMU) for Q1 2026, worth a combined $244M — up 8.6% from $225M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new APMU positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $17M. The largest seller was Envestnet Portfolio Solutions, cutting an estimated $4.63M.
- 24 institutional investors held ActivePassive Intermediate Municipal Bond ETF (APMU) as of Q1 2026, up from 23 in Q4 2025.
- Funds reported $244M of ActivePassive Intermediate Municipal Bond ETF stock for Q1 2026, up 8.6% quarter-over-quarter.
- 4 funds opened new ActivePassive Intermediate Municipal Bond ETF positions in Q1 2026 and 3 closed out, a net change of +1 holder.
- The largest ActivePassive Intermediate Municipal Bond ETF buyer in Q1 2026 was Envestnet Asset Management, an estimated $17M added.
- The largest ActivePassive Intermediate Municipal Bond ETF seller in Q1 2026 was Envestnet Portfolio Solutions, an estimated $4.63M sold.
Based on aggregated 13F filings for Q1 2026.