PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
65 hedge funds and large institutions have $139M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
16% more capital invested
Capital invested by funds: $120M → $139M (+$19.3M)
7.06% more ownership
Funds ownership: 45.89% → 52.95% (+7.1%)
2% more funds holding
Funds holding: 64 → 65 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$16.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.01M |
| 3 |
Bank of New York Mellon
New York
|
+$2.89M |
| 4 |
SC
SouthState Corp
Winter Haven,
Florida
|
+$2.79M |
| 5 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.62M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.37M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$651K |
| 4 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
-$558K |
| 5 |
NDSI
Newman Dignan & Sheerar Inc
Providence,
Rhode Island
|
-$494K |
MUNI Hedge Fund Activity: Q4 2016 in Review
65 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q4 2016, worth a combined $139M — up 16% from $120M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MUNI positions and 9 closed out — a net gain of 2 holders — while 18 added to existing stakes and 22 trimmed.
The largest buyer was Beaumont Financial Advisors, opening a new position worth an estimated $16.3M. The largest seller was Jane Street, exiting entirely with an estimated $1.62M sold.
- 65 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q4 2016, up from 64 in Q3 2016.
- Funds reported $139M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q4 2016, up 16% quarter-over-quarter.
- 11 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q4 2016 and 9 closed out, a net change of +2 holders.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q4 2016 was Beaumont Financial Advisors, an estimated $16.3M added.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q4 2016 was Jane Street, an estimated $1.62M sold.
Based on aggregated 13F filings for Q4 2016.