PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
261 hedge funds and large institutions have $1.12B invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2024 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 109 increasing their positions, 78 reducing their positions, and 21 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 78
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
0% more funds holding
Funds holding: 261 → 261 (0)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
6% less capital invested
Capital invested by funds: $1.19B → $1.12B (-$65.4M)
7.16% less ownership
Funds ownership: 87.42% → 80.26% (-7.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Cercano Management
Bellevue,
Washington
|
+$20.2M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$16M |
| 3 |
JP Morgan Chase
New York
|
+$8.51M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.99M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$5.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$92.7M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$19.7M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$12.1M |
| 4 |
B
Bailard
Foster City,
California
|
-$8.08M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$7.9M |
MUNI Hedge Fund Activity: Q1 2024 in Review
261 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q1 2024, worth a combined $1.12B — down 5.5% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new MUNI positions and 21 closed out — a net gain of 6 holders — while 109 added to existing stakes and 78 trimmed.
The largest buyer was Cercano Management, opening a new position worth an estimated $20.2M. The largest seller was Morgan Stanley, cutting an estimated $92.7M.
- 261 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $1.12B of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q1 2024, down 5.5% quarter-over-quarter.
- 27 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q1 2024 and 21 closed out, a net change of +6 holders.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q1 2024 was Cercano Management, an estimated $20.2M added.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q1 2024 was Morgan Stanley, an estimated $92.7M sold.
Based on aggregated 13F filings for Q1 2024.