PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
115 hedge funds and large institutions have $255M invested in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 18 reducing their positions, and 12 closing their positions.
178% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 18
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
12% more capital invested
Capital invested by funds: $229M → $255M (+$26.6M)
4% more funds holding
Funds holding: 111 → 115 (+4)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
56.45% less ownership
Funds ownership: 110.94% → 54.48% (-56%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$11.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.01M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.67M |
| 4 |
Rockefeller Capital Management
New York
|
+$2.6M |
| 5 |
Morgan Stanley
New York
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$198M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.16M |
| 3 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$2.69M |
| 4 |
IWA
Independence Wealth Advisors
Mclean,
Virginia
|
-$1.07M |
| 5 |
Jane Street
New York
|
-$1.05M |
MUNI Hedge Fund Activity: Q2 2020 in Review
115 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) for Q2 2020, worth a combined $255M — up 12% from $229M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MUNI positions and 12 closed out — a net gain of 6 holders — while 50 added to existing stakes and 18 trimmed.
The largest buyer was Bank of America, adding an estimated $11.9M. The largest seller was Osaic Holdings, cutting an estimated $198M.
- 115 institutional investors held PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI) as of Q2 2020, up from 111 in Q1 2020.
- Funds reported $255M of PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund stock for Q2 2020, up 12% quarter-over-quarter.
- 18 funds opened new PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund positions in Q2 2020 and 12 closed out, a net change of +6 holders.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund buyer in Q2 2020 was Bank of America, an estimated $11.9M added.
- The largest PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund seller in Q2 2020 was Osaic Holdings, an estimated $198M sold.
Based on aggregated 13F filings for Q2 2020.