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PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

42 hedge funds and large institutions have $72.6M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 14

6% more capital invested

Capital invested by funds: $68.5M → $72.6M (+$4.1M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.03% less ownership

Funds ownership: 37.68%37.64% (-0.03%)

5% less funds holding

Funds holding: 4442 (-2)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

Holders
42
Holders Change
-2
Holders Change %
-4.55%
% of All Funds
1.36%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
2
Increased
20
Reduced
14
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$331K -$27.1K -525 -8%
PCMC
27
Paragon Capital Management (Colorado)
Colorado
$312K
FBT
28
Founders Bank & Trust
Michigan
$275K
CIM
29
Confluence Investment Management
Missouri
$264K +$43.9K +850 +20%
AT
30
Arden Trust
Delaware
$264K +$49.5K +959 +23%
Bank of Montreal
31
Bank of Montreal
Ontario, Canada
$239K
DI
32
Dalton Investments
Nevada
$213K -$151K -2,927 -42%
VAS
33
Valicenti Advisory Services
New York
$209K
LTFS
34
Ladenburg Thalmann Financial Services
Florida
$183K +$41.3K +800 +30%
AIG
35
American International Group
New York
$170K +$1.08K +21 +0.6%
NES
36
New England Securities
New York
$163K +$88.6K +1,717 +122%
PP
37
Palladium Partners
Virginia
$144K +$58.1K +1,125 +69%
MFS
38
MSI Financial Services
Massachusetts
$139K +$413 +8 +0.3%
Creative Planning
39
Creative Planning
Kansas
$117K -$19.6K -379 -14%
JIR
40
James Investment Research
Ohio
$117K
Citigroup
41
Citigroup
New York
$43K -$30.8K -597 -42%
BC
42
Bartlett & Co
Ohio
$25K
EFS
43
Essex Financial Services
Connecticut
$329
Susquehanna International Group
44
Susquehanna International Group
Pennsylvania
-$539K -10,404 Closed
MA
45
MUFG Americas
New York
-$104K -2,000 Closed
ECAM
46
East Coast Asset Management
Massachusetts
-$38K -740 Closed

MUNI Hedge Fund Activity: Q3 2013 in Review

42 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q3 2013, worth a combined $72.6M — up 6% from $68.5M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of MUNI and 2 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 20 added.

The largest buyer was Bank of America, adding an estimated $4.17M. The largest seller was Gateway Advisory, cutting an estimated $805K.

  • 42 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q3 2013, down from 44 in Q2 2013.
  • Funds reported $72.6M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q3 2013, up 6% quarter-over-quarter.
  • 2 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q3 2013 and 3 closed out, a net change of -1 holder.
  • The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q3 2013 was Bank of America, an estimated $4.17M added.
  • The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q3 2013 was Gateway Advisory, an estimated $805K sold.

Based on aggregated 13F filings for Q3 2013.