ActivePassive Intermediate Municipal Bond ETF
APMU
24 hedge funds and large institutions have $267M invested in ActivePassive Intermediate Municipal Bond ETF in 2026 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 2 closing their positions.
2,184% more capital inflows, than outflows
Capital inflows: $21.7M | Capital outflows: $952K
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
9% more funds holding
Funds holding: 22 → 24 (+2)
25.18% less ownership
Funds ownership: 129.58% → 104.39% (-25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$11.6M |
| 2 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
+$3M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.62M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.5M |
| 5 |
Principal Securities
Des Moines,
Iowa
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$551K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$286K |
| 3 |
Sound Income Strategies
Ft Lauderdale,
Florida
|
-$49.6K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$35.7K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$18.1K |
APMU Hedge Fund Activity: Q2 2026 in Review
24 of the 8,366 institutional investors tracked by Wall St. Rank reported a position in ActivePassive Intermediate Municipal Bond ETF (APMU) for Q2 2026, worth a combined $267M — up 9.2% from $244M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new APMU positions and 2 closed out — a net gain of 2 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $11.6M. The largest seller was LPL Financial, cutting an estimated $551K.
- 24 institutional investors held ActivePassive Intermediate Municipal Bond ETF (APMU) as of Q2 2026, up from 22 in Q1 2026.
- Funds reported $267M of ActivePassive Intermediate Municipal Bond ETF stock for Q2 2026, up 9.2% quarter-over-quarter.
- 4 funds opened new ActivePassive Intermediate Municipal Bond ETF positions in Q2 2026 and 2 closed out, a net change of +2 holders.
- The largest ActivePassive Intermediate Municipal Bond ETF buyer in Q2 2026 was Envestnet Asset Management, an estimated $11.6M added.
- The largest ActivePassive Intermediate Municipal Bond ETF seller in Q2 2026 was LPL Financial, an estimated $551K sold.
Based on aggregated 13F filings for Q2 2026.