PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
217 hedge funds and large institutions have $665M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2023 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 78 increasing their positions, 76 reducing their positions, and 19 closing their positions.
74% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 19
7% more funds holding
Funds holding: 203 → 217 (+14)
3% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 76
4.42% less ownership
Funds ownership: 76.11% → 71.69% (-4.4%)
9% less capital invested
Capital invested by funds: $734M → $665M (-$68.6M)
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$10.9M |
| 2 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$9.08M |
| 3 |
LPL Financial
San Diego,
California
|
+$5.01M |
| 4 |
MW
MBL Wealth
Charlotte,
North Carolina
|
+$4.28M |
| 5 |
Jane Street
New York
|
+$3.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMWA
Forvis Mazars Wealth Advisors
Springfield,
Missouri
|
-$34.5M |
| 2 |
SW
SteelPeak Wealth
Woodland Hills,
California
|
-$19.2M |
| 3 |
GIM
Goelzer Investment Management
Carmel,
Indiana
|
-$14.7M |
| 4 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
-$9.76M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$5.48M |
MUNI Hedge Fund Activity: Q1 2023 in Review
217 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q1 2023, worth a combined $665M — down 9.3% from $734M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new MUNI positions and 19 closed out — a net gain of 14 holders — while 78 added to existing stakes and 76 trimmed.
The largest buyer was Bank of America, adding an estimated $10.9M. The largest seller was Forvis Mazars Wealth Advisors, cutting an estimated $34.5M.
- 217 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q1 2023, up from 203 in Q4 2022.
- Funds reported $665M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q1 2023, down 9.3% quarter-over-quarter.
- 33 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q1 2023 and 19 closed out, a net change of +14 holders.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q1 2023 was Bank of America, an estimated $10.9M added.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q1 2023 was Forvis Mazars Wealth Advisors, an estimated $34.5M sold.
Based on aggregated 13F filings for Q1 2023.