PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
24 hedge funds and large institutions have $26M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 4 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
2% more capital invested
Capital invested by funds: $25.5M → $26M (+$534K)
0.86% more ownership
Funds ownership: 37.12% → 37.98% (+0.86%)
8% less funds holding
Funds holding: 26 → 24 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.27M |
| 2 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$877K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$759K |
| 4 |
BWM
BerganKDV Wealth Management
Bloomington,
Minnesota
|
+$317K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$214K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.74M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$645K |
| 3 |
Morgan Stanley
New York
|
-$359K |
| 4 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$260K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$96K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| – | -$38K | -750 | Closed |
|
|
BBHC
27
Brown Brothers Harriman & Co
New York
| – | -$1K | -23 | Closed |
|
SMMU Hedge Fund Activity: Q3 2016 in Review
24 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 Q3 2016, worth a combined $26M — up 2.1% from $25.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SMMU and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 10 added.
The largest buyer was Jane Street, adding an estimated $1.27M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.74M sold.
- 24 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q3 2016, down from 26 in Q2 2016.
- Funds reported $26M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q3 2016, up 2.1% quarter-over-quarter.
- 2 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q3 2016 and 4 closed out, a net change of -2 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q3 2016 was Jane Street, an estimated $1.27M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q3 2016 was Susquehanna International Group, an estimated $1.74M sold.
Based on aggregated 13F filings for Q3 2016.