PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
215 hedge funds and large institutions have $712M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 96 increasing their positions, 62 reducing their positions, and 16 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 62
7% more capital invested
Capital invested by funds: $665M → $712M (+$46.6M)
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
0.82% more ownership
Funds ownership: 71.69% → 72.52% (+0.82%)
1% less funds holding
Funds holding: 217 → 215 (-2)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$9.01M |
| 2 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$9.01M |
| 3 |
Morgan Stanley
New York
|
+$8.87M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$3.26M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FA
Fermata Advisors
Sonoma,
California
|
-$9.04M |
| 2 |
Renaissance Technologies
New York
|
-$6.74M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$6.34M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.87M |
| 5 |
GIM
Goelzer Investment Management
Carmel,
Indiana
|
-$2.75M |
MUNI Hedge Fund Activity: Q2 2023 in Review
215 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q2 2023, worth a combined $712M — up 7% from $665M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MUNI positions and 16 closed out — a net gain of 1 holder — while 96 added to existing stakes and 62 trimmed.
The largest buyer was Brinker Capital Investments, adding an estimated $9.01M. The largest seller was Fermata Advisors, exiting entirely with an estimated $9.04M sold.
- 215 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q2 2023, down from 217 in Q1 2023.
- Funds reported $712M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q2 2023, up 7% quarter-over-quarter.
- 17 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q2 2023 and 16 closed out, a net change of +1 holder.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q2 2023 was Brinker Capital Investments, an estimated $9.01M added.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q2 2023 was Fermata Advisors, an estimated $9.04M sold.
Based on aggregated 13F filings for Q2 2023.