PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
63 hedge funds and large institutions have $128M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 29 reducing their positions, and 8 closing their positions.
3% less funds holding
Funds holding: 65 → 63 (-2)
3.1% less ownership
Funds ownership: 52.95% → 49.85% (-3.1%)
8% less capital invested
Capital invested by funds: $139M → $128M (-$10.8M)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
45% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 29
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
SouthState Corp
Winter Haven,
Florida
|
+$3.88M |
| 2 |
Jane Street
New York
|
+$2.44M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$1.47M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$1.46M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Gateway Advisory
Westfield,
New Jersey
|
-$10.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.28M |
| 3 |
Bank of New York Mellon
New York
|
-$2.53M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.54M |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$1.36M |
MUNI Hedge Fund Activity: Q1 2017 in Review
63 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q1 2017, worth a combined $128M — down 7.8% from $139M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MUNI and 7 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 16 added.
The largest buyer was SouthState Corp, adding an estimated $3.88M. The largest seller was Gateway Advisory, exiting entirely with an estimated $10.4M sold.
- 63 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q1 2017, down from 65 in Q4 2016.
- Funds reported $128M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q1 2017, down 7.8% quarter-over-quarter.
- 7 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q1 2017 and 8 closed out, a net change of -1 holder.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q1 2017 was SouthState Corp, an estimated $3.88M added.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q1 2017 was Gateway Advisory, an estimated $10.4M sold.
Based on aggregated 13F filings for Q1 2017.