PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
25 hedge funds and large institutions have $26.8M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
19% more funds holding
Funds holding: 21 → 25 (+4)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
6% more capital invested
Capital invested by funds: $25.1M → $26.8M (+$1.6M)
3.7% more ownership
Funds ownership: 38.39% → 42.09% (+3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.43M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$556K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$342K |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
+$302K |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$845K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$475K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$382K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$297K |
| 5 |
Bank of New York Mellon
New York
|
-$229K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS AM
Chicago,
Illinois
| – | -$13.7K | -274 | Closed |
|
SMMU Hedge Fund Activity: Q3 2017 in Review
25 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q3 2017, worth a combined $26.8M — up 6.4% from $25.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SMMU positions and 2 closed out — a net gain of 4 holders — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Jane Street, adding an estimated $1.43M. The largest seller was Morgan Stanley, cutting an estimated $845K.
- 25 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q3 2017, up from 21 in Q2 2017.
- Funds reported $26.8M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q3 2017, up 6.4% quarter-over-quarter.
- 6 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q3 2017 and 2 closed out, a net change of +4 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q3 2017 was Jane Street, an estimated $1.43M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q3 2017 was Morgan Stanley, an estimated $845K sold.
Based on aggregated 13F filings for Q3 2017.