PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
77 hedge funds and large institutions have $169M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 24 reducing their positions, and 9 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 24
4.38% more ownership
Funds ownership: 77.41% → 81.78% (+4.4%)
3% more capital invested
Capital invested by funds: $164M → $169M (+$4.77M)
4% less funds holding
Funds holding: 80 → 77 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$17.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.95M |
| 3 |
Jane Street
New York
|
+$1.55M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$792K |
| 5 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
+$722K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$2.35M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$1.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$904K |
| 4 |
Bank of New York Mellon
New York
|
-$793K |
| 5 |
VF
Virtu Financial
New York
|
-$763K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCG
76
Private Capital Group
West Hartford,
Connecticut
| $14K | – | – | – |
|
|
WAP
77
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $5K | – | – | – |
|
|
SWMG
78
Signature Wealth Management Group
Atlanta,
Georgia
| $2K | +$2.16K | +41 | New |
|
|
79
Bank of New York Mellon
New York
| – | -$793K | -15,000 | Closed |
|
|
VF
80
Virtu Financial
New York
| – | -$763K | -14,425 | Closed |
|
|
SEIA
81
Signature Estate & Investment Advisors
Los Angeles,
California
| – | -$458K | -8,671 | Closed |
|
|
PFS
82
Prospera Financial Services
Dallas,
Texas
| – | -$251K | -4,764 | Closed |
|
|
SA
83
Strategic Advisors
New York
| – | -$235K | -4,445 | Closed |
|
84
US Bancorp
Minneapolis,
Minnesota
| – | -$53K | -1,000 | Closed |
|
|
SFSIG
85
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$20K | -375 | Closed |
|
86
UBS AM
Chicago,
Illinois
| – | -$10.4K | -196 | Closed |
|
MUNI Hedge Fund Activity: Q3 2018 in Review
77 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q3 2018, worth a combined $169M — up 2.9% from $164M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MUNI and 6 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 27 added.
The largest buyer was Cornerstone Wealth Management, adding an estimated $17.3M. The largest seller was Rehmann Capital Advisory Group, cutting an estimated $2.35M.
- 77 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q3 2018, down from 80 in Q2 2018.
- Funds reported $169M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q3 2018, up 2.9% quarter-over-quarter.
- 6 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q3 2018 and 9 closed out, a net change of -3 holders.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q3 2018 was Cornerstone Wealth Management, an estimated $17.3M added.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q3 2018 was Rehmann Capital Advisory Group, an estimated $2.35M sold.
Based on aggregated 13F filings for Q3 2018.