PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
81 hedge funds and large institutions have $178M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 21 reducing their positions, and 10 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 21
7.87% more ownership
Funds ownership: 54.68% → 62.55% (+7.9%)
4% more capital invested
Capital invested by funds: $172M → $178M (+$6.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 85 → 81 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $378K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$45.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.95M |
| 3 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$2.32M |
| 4 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$1.16M |
| 5 |
Morgan Stanley
New York
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$37.7M |
| 2 |
Jane Street
New York
|
-$12M |
| 3 |
HHGA
Halbert Hargrove Global Advisors
Long Beach,
California
|
-$2.34M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$702K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$659K |
MUNI Hedge Fund Activity: Q1 2019 in Review
81 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q1 2019, worth a combined $178M — up 3.7% from $172M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MUNI and 6 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 29 added.
The largest buyer was Carson Wealth (CWM LLC), opening a new position worth an estimated $45.3M. The largest seller was Bank of America, cutting an estimated $37.7M.
- 81 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q1 2019, down from 85 in Q4 2018.
- Funds reported $178M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q1 2019, up 3.7% quarter-over-quarter.
- 6 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q1 2019 and 10 closed out, a net change of -4 holders.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q1 2019 was Carson Wealth (CWM LLC), an estimated $45.3M added.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q1 2019 was Bank of America, an estimated $37.7M sold.
Based on aggregated 13F filings for Q1 2019.