Capital Group Short Duration Municipal Income ETF
CGSM
19 hedge funds and large institutions have $34.9M invested in Capital Group Short Duration Municipal Income ETF in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 0 closing their positions.
73% more funds holding
Funds holding: 11 → 19 (+8)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
13.86% less ownership
Funds ownership: 89.27% → 75.4% (-14%)
16% less capital invested
Capital invested by funds: $41.5M → $34.9M (-$6.62M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWG
Beta Wealth Group
San Diego,
California
|
+$4.71M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$3.43M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.31M |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$1.12M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGPCS
Capital Group Private Client Services
Los Angeles,
California
|
-$18.7M |
| 2 |
Jane Street
New York
|
-$1.99M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$164K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$4.46K |
CGSM Hedge Fund Activity: Q1 2024 in Review
19 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Capital Group Short Duration Municipal Income ETF (CGSM) for Q1 2024, worth a combined $34.9M — down 16% from $41.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CGSM positions and 0 closed out — a net gain of 8 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Beta Wealth Group, opening a new position worth an estimated $4.71M. The largest seller was Capital Group Private Client Services, cutting an estimated $18.7M.
- 19 institutional investors held Capital Group Short Duration Municipal Income ETF (CGSM) as of Q1 2024, up from 11 in Q4 2023.
- Funds reported $34.9M of Capital Group Short Duration Municipal Income ETF stock for Q1 2024, down 16% quarter-over-quarter.
- 8 funds opened new Capital Group Short Duration Municipal Income ETF positions in Q1 2024 and 0 closed out, a net change of +8 holders.
- The largest Capital Group Short Duration Municipal Income ETF buyer in Q1 2024 was Beta Wealth Group, an estimated $4.71M added.
- The largest Capital Group Short Duration Municipal Income ETF seller in Q1 2024 was Capital Group Private Client Services, an estimated $18.7M sold.
Based on aggregated 13F filings for Q1 2024.