PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
85 hedge funds and large institutions have $173M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 20 increasing their positions, 27 reducing their positions, and 10 closing their positions.
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
26% more capital invested
Capital invested by funds: $137M → $173M (+$35.2M)
12% more funds holding
Funds holding: 76 → 85 (+9)
5.11% more ownership
Funds ownership: 49.57% → 54.68% (+5.1%)
26% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$33.2M |
| 2 |
Jane Street
New York
|
+$9.75M |
| 3 |
HHGA
Halbert Hargrove Global Advisors
Long Beach,
California
|
+$2.32M |
| 4 |
RPGK
Retirement Planning Group (Kansas)
Leawood,
Kansas
|
+$988K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$695K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.49M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.95M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.97M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.67M |
| 5 |
Morgan Stanley
New York
|
-$1.33M |
MUNI Hedge Fund Activity: Q4 2018 in Review
85 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q4 2018, worth a combined $173M — up 26% from $137M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new MUNI positions and 10 closed out — a net gain of 9 holders — while 20 added to existing stakes and 27 trimmed.
The largest buyer was Bank of America, adding an estimated $33.2M. The largest seller was Royal Bank of Canada, cutting an estimated $3.49M.
- 85 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q4 2018, up from 76 in Q3 2018.
- Funds reported $173M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q4 2018, up 26% quarter-over-quarter.
- 19 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q4 2018 and 10 closed out, a net change of +9 holders.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q4 2018 was Bank of America, an estimated $33.2M added.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q4 2018 was Royal Bank of Canada, an estimated $3.49M sold.
Based on aggregated 13F filings for Q4 2018.