PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
48 hedge funds and large institutions have $76.9M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
14% more funds holding
Funds holding: 42 → 48 (+6)
5% more capital invested
Capital invested by funds: $73M → $76.9M (+$3.96M)
1.77% more ownership
Funds ownership: 37.64% → 39.41% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.27M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.2M |
| 3 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$1.55M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.2M |
| 5 |
LYV
Live Your Vision
West Conshohocken,
Pennsylvania
|
+$920K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.37M |
| 2 |
CC
Curian Capital
Denver,
Colorado
|
-$1.17M |
| 3 |
GA
Gateway Advisory
Westfield,
New Jersey
|
-$1M |
| 4 |
LPL Financial
San Diego,
California
|
-$536K |
| 5 |
JG
Jefferies Group
New York
|
-$429K |
MUNI Hedge Fund Activity: Q4 2013 in Review
48 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q4 2013, worth a combined $76.9M — up 5.4% from $73M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MUNI positions and 4 closed out — a net gain of 7 holders — while 17 added to existing stakes and 14 trimmed.
The largest buyer was Bank of America, adding an estimated $2.27M. The largest seller was Jane Street, exiting entirely with an estimated $1.37M sold.
- 48 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q4 2013, up from 42 in Q3 2013.
- Funds reported $76.9M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q4 2013, up 5.4% quarter-over-quarter.
- 11 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q4 2013 and 4 closed out, a net change of +7 holders.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q4 2013 was Bank of America, an estimated $2.27M added.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q4 2013 was Jane Street, an estimated $1.37M sold.
Based on aggregated 13F filings for Q4 2013.