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PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

59 hedge funds and large institutions have $108M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 23 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

7% more funds holding

Funds holding: 5559 (+4)

0.76% less ownership

Funds ownership: 46.12%45.37% (-0.76%)

1% less capital invested

Capital invested by funds: $110M → $108M (-$1.54M)

30% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 23

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
59
Holders Change
+4
Holders Change %
+7.27%
% of All Funds
1.55%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
10
Increased
16
Reduced
23
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$13.9M +$784K +14,649 +6%
GA
2
Gateway Advisory
New Jersey
$12M -$44.2K -825 -0.4%
Morgan Stanley
3
Morgan Stanley
New York
$11.4M -$11.7K -218 -0.1%
Bank of America
4
Bank of America
North Carolina
$11.1M -$1.24M -23,243 -10%
Wells Fargo
5
Wells Fargo
California
$9.39M +$294K +5,485 +3%
HighTower Advisors
6
HighTower Advisors
Illinois
$7.08M +$1.63M +30,511 +30%
FM
7
Foster & Motley
Ohio
$3.59M +$456K +8,526 +15%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$3.32M -$2.01M -37,602 -38%
SS
9
Simplicity Solutions
Minnesota
$3.1M +$3.07M +57,414 New
Stifel Financial
10
Stifel Financial
Missouri
$2.83M +$730K +13,643 +35%
LYV
11
Live Your Vision
Pennsylvania
$2.78M -$829K -15,486 -23%
BA
12
Boston Advisors
Massachusetts
$2.1M -$105K -1,953 -5%
RCAG
13
Rehmann Capital Advisory Group
Michigan
$2.08M +$119K +2,226 +6%
First Trust Advisors
14
First Trust Advisors
Illinois
$2.04M -$197K -3,678 -9%
JCM
15
Janney Capital Management
Pennsylvania
$2.01M -$36.1K -674 -2%
JIC
16
Johnson Investment Counsel
Ohio
$1.9M -$2.68K -50 -0.1%
CCM
17
Coldstream Capital Management
Washington
$1.85M -$92.9K -1,736 -5%
VC
18
Vicus Capital
Pennsylvania
$1.58M +$143K +2,666 +10%
LPL Financial
19
LPL Financial
California
$1.53M +$778K +14,544 +106%
VFS
20
VSR Financial Services
Kansas
$954K -$566K -10,580 -37%
ACP
21
Aviance Capital Partners
Florida
$748K -$148K -2,769 -17%
Jane Street
22
Jane Street
New York
$671K -$1.09M -20,330 -62%
VKH
23
Virtu KCG Holdings
New York
$619K -$1.46M -27,318 -70%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$608K -$268 -5 -0%
MMA
25
Miracle Mile Advisors
California
$594K +$589K +11,000 New

MUNI Hedge Fund Activity: Q4 2015 in Review

59 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q4 2015, worth a combined $108M — down 1.4% from $110M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new MUNI positions and 5 closed out — a net gain of 5 holders — while 16 added to existing stakes and 23 trimmed.

The largest buyer was Simplicity Solutions, opening a new position worth an estimated $3.07M. The largest seller was Royal Bank of Canada, cutting an estimated $2.01M.

  • 59 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q4 2015, up from 55 in Q3 2015.
  • Funds reported $108M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q4 2015, down 1.4% quarter-over-quarter.
  • 10 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q4 2015 and 5 closed out, a net change of +5 holders.
  • The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q4 2015 was Simplicity Solutions, an estimated $3.07M added.
  • The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q4 2015 was Royal Bank of Canada, an estimated $2.01M sold.

Based on aggregated 13F filings for Q4 2015.