PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
26 hedge funds and large institutions have $25.5M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 3 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
300% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 3
18% more funds holding
Funds holding: 22 → 26 (+4)
6% more capital invested
Capital invested by funds: $24M → $25.5M (+$1.46M)
0.83% more ownership
Funds ownership: 36.29% → 37.12% (+0.83%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.27M |
| 2 |
PAM
Peak Asset Management
Louisville,
Colorado
|
+$754K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$587K |
| 4 |
Jane Street
New York
|
+$580K |
| 5 |
Morgan Stanley
New York
|
+$549K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.17M |
| 2 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$285K |
| 3 |
LPL Financial
San Diego,
California
|
-$237K |
| 4 |
IH
IFC Holdings
Tampa,
Florida
|
-$29.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
LPL Financial
San Diego,
California
| – | -$237K | -4,704 | Closed |
|
SMMU Hedge Fund Activity: Q2 2016 in Review
26 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q2 2016, worth a combined $25.5M — up 6.1% from $24M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SMMU positions and 1 closed out — a net gain of 4 holders — while 12 added to existing stakes and 3 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.27M. The largest seller was Bank of America, cutting an estimated $3.17M.
- 26 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q2 2016, up from 22 in Q1 2016.
- Funds reported $25.5M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q2 2016, up 6.1% quarter-over-quarter.
- 5 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q2 2016 and 1 closed out, a net change of +4 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q2 2016 was Susquehanna International Group, an estimated $1.27M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q2 2016 was Bank of America, an estimated $3.17M sold.
Based on aggregated 13F filings for Q2 2016.