PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
50 hedge funds and large institutions have $82.7M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
6% more funds holding
Funds holding: 47 → 50 (+3)
2% more capital invested
Capital invested by funds: $81.2M → $82.7M (+$1.47M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.37% less ownership
Funds ownership: 40.93% → 39.56% (-1.4%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $426K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.97M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.23M |
| 3 |
LYV
Live Your Vision
West Conshohocken,
Pennsylvania
|
+$807K |
| 4 |
FM
Foster & Motley
Cincinnati,
Ohio
|
+$619K |
| 5 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$541K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$4.17M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$988K |
| 3 |
EFS
Essex Financial Services
Essex,
Connecticut
|
-$352K |
| 4 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$181K |
| 5 |
SFM
Signature Financial Management
Norfolk,
Virginia
|
-$178K |
MUNI Hedge Fund Activity: Q2 2014 in Review
50 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q2 2014, worth a combined $82.7M — up 1.8% from $81.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MUNI positions and 1 closed out — a net gain of 4 holders — while 20 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.97M. The largest seller was Bank of America, cutting an estimated $4.17M.
- 50 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q2 2014, up from 47 in Q1 2014.
- Funds reported $82.7M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q2 2014, up 1.8% quarter-over-quarter.
- 5 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q2 2014 and 1 closed out, a net change of +4 holders.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q2 2014 was Morgan Stanley, an estimated $1.97M added.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q2 2014 was Bank of America, an estimated $4.17M sold.
Based on aggregated 13F filings for Q2 2014.