PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
76 hedge funds and large institutions have $137M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 24 reducing their positions, and 9 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 24
1% less capital invested
Capital invested by funds: $139M → $137M (-$1.8M)
1.36% less ownership
Funds ownership: 50.93% → 49.57% (-1.4%)
4% less funds holding
Funds holding: 79 → 76 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.95M |
| 2 |
Jane Street
New York
|
+$1.55M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$792K |
| 4 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
+$722K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$637K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$2.35M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$1.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$904K |
| 4 |
Bank of New York Mellon
New York
|
-$793K |
| 5 |
VF
Virtu Financial
New York
|
-$763K |
MUNI Hedge Fund Activity: Q3 2018 in Review
76 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q3 2018, worth a combined $137M — down 1.3% from $139M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MUNI and 6 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 26 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2.95M. The largest seller was Rehmann Capital Advisory Group, cutting an estimated $2.35M.
- 76 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q3 2018, down from 79 in Q2 2018.
- Funds reported $137M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q3 2018, down 1.3% quarter-over-quarter.
- 6 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q3 2018 and 9 closed out, a net change of -3 holders.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q3 2018 was Royal Bank of Canada, an estimated $2.95M added.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q3 2018 was Rehmann Capital Advisory Group, an estimated $2.35M sold.
Based on aggregated 13F filings for Q3 2018.