PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
42 hedge funds and large institutions have $73M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 3 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
6% more capital invested
Capital invested by funds: $68.5M → $73M (+$4.43M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.03% less ownership
Funds ownership: 37.68% → 37.64% (-0.03%)
5% less funds holding
Funds holding: 44 → 42 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.17M |
| 2 |
SFM
Signature Financial Management
Norfolk,
Virginia
|
+$754K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$471K |
| 4 |
JP Morgan Chase
New York
|
+$438K |
| 5 |
JG
Jefferies Group
New York
|
+$425K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Gateway Advisory
Westfield,
New Jersey
|
-$805K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$539K |
| 3 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$411K |
| 4 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
-$410K |
| 5 |
CC
Curian Capital
Denver,
Colorado
|
-$397K |
MUNI Hedge Fund Activity: Q3 2013 in Review
42 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q3 2013, worth a combined $73M — up 6.5% from $68.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MUNI and 2 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 20 added.
The largest buyer was Bank of America, adding an estimated $4.17M. The largest seller was Gateway Advisory, cutting an estimated $805K.
- 42 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q3 2013, down from 44 in Q2 2013.
- Funds reported $73M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q3 2013, up 6.5% quarter-over-quarter.
- 2 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q3 2013 and 3 closed out, a net change of -1 holder.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q3 2013 was Bank of America, an estimated $4.17M added.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q3 2013 was Gateway Advisory, an estimated $805K sold.
Based on aggregated 13F filings for Q3 2013.