Capital Group Municipal Income ETF
CGMU
82 hedge funds and large institutions have $333M invested in Capital Group Municipal Income ETF in 2023 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 38 increasing their positions, 5 reducing their positions, and 4 closing their positions.
750% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 4
660% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 5
129% more capital invested
Capital invested by funds: $145M → $333M (+$188M)
58% more funds holding
Funds holding: 52 → 82 (+30)
4.39% more ownership
Funds ownership: 60.01% → 64.4% (+4.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$21.9M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$20.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$20.4M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$14.9M |
| 5 |
VWM
Venturi Wealth Management
Austin,
Texas
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.46M |
| 2 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$1.42M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$706K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$302K |
| 5 |
IA
Inspire Advisors
Meridian,
Idaho
|
-$103K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SS
76
Sunbelt Securities
Houston,
Texas
| $172K | – | – | – |
|
|
DJSG
77
D.J. St. Germain
Springfield,
Massachusetts
| $168K | – | – | – |
|
|
MIA
78
Milestone Investment Advisors
Middleton,
Wisconsin
| $128K | +$124K | +4,741 | New |
|
|
SPIA
79
Steward Partners Investment Advisory
New York
| $62.4K | +$60.3K | +2,303 | New |
|
|
IGWM
80
ICA Group Wealth Management
Denver,
Colorado
| $31.7K | +$30.6K | +1,170 | New |
|
|
GRP
81
Global Retirement Partners
San Rafael,
California
| $13K | +$12.6K | +480 | New |
|
|
FIA
82
FNY Investment Advisers
New York
| $1K | +$1.31K | +50 | New |
|
|
83
Jane Street
New York
| – | -$3.46M | -134,617 | Closed |
|
|
SPC
84
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$302K | -11,766 | Closed |
|
|
WWP
85
WR Wealth Planners
Columbia,
Missouri
| – | -$7.07K | -275 | Closed |
|
86
Fidelity Investments
Boston,
Massachusetts
| – | -$51 | -2 | Closed |
|
CGMU Hedge Fund Activity: Q4 2023 in Review
82 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Capital Group Municipal Income ETF (CGMU) for Q4 2023, worth a combined $333M — up 129% from $145M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new CGMU positions and 4 closed out — a net gain of 30 holders — while 38 added to existing stakes and 5 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $21.9M. The largest seller was Jane Street, exiting entirely with an estimated $3.46M sold.
- 82 institutional investors held Capital Group Municipal Income ETF (CGMU) as of Q4 2023, up from 52 in Q3 2023.
- Funds reported $333M of Capital Group Municipal Income ETF stock for Q4 2023, up 129% quarter-over-quarter.
- 34 funds opened new Capital Group Municipal Income ETF positions in Q4 2023 and 4 closed out, a net change of +30 holders.
- The largest Capital Group Municipal Income ETF buyer in Q4 2023 was Commonwealth Equity Services, an estimated $21.9M added.
- The largest Capital Group Municipal Income ETF seller in Q4 2023 was Jane Street, an estimated $3.46M sold.
Based on aggregated 13F filings for Q4 2023.