PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
80 hedge funds and large institutions have $164M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 24 reducing their positions, and 8 closing their positions.
26.18% more ownership
Funds ownership: 51.22% → 77.41% (+26%)
17% more capital invested
Capital invested by funds: $140M → $164M (+$24.3M)
4% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 24
0% more funds holding
Funds holding: 80 → 80 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$70.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.73M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.44M |
| 4 |
I
INVST
Indianapolis,
Indiana
|
+$1.33M |
| 5 |
Bank of New York Mellon
New York
|
+$790K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.85M |
| 2 |
SCA
Stokes Capital Advisors
Greenwood,
South Carolina
|
-$2.47M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$1.6M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.06M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$536K |
MUNI Hedge Fund Activity: Q2 2018 in Review
80 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q2 2018, worth a combined $164M — up 17% from $140M a quarter earlier.
Fund positioning in MUNI was balanced in Q2 2018: 8 funds opened new positions, 8 closed out, 25 added to existing stakes and 24 trimmed.
The largest buyer was Cornerstone Wealth Management, adding an estimated $70.5M. The largest seller was Jane Street, cutting an estimated $2.85M.
- 80 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $164M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q2 2018, up 17% quarter-over-quarter.
- 8 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q2 2018 and 8 closed out, a net change of 0 holders.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $70.5M added.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q2 2018 was Jane Street, an estimated $2.85M sold.
Based on aggregated 13F filings for Q2 2018.