PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
42 hedge funds and large institutions have $105M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 8 reducing their positions, and 5 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 8
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
8% more capital invested
Capital invested by funds: $97.5M → $105M (+$7.54M)
8% more funds holding
Funds holding: 39 → 42 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8.94% less ownership
Funds ownership: 99.96% → 91.02% (-8.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.21M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.32M |
| 3 |
FNC
First National Corp
Rockland,
Massachusetts
|
+$1.08M |
| 4 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$742K |
| 5 |
LCM
Leisure Capital Management
Costa Mesa,
California
|
+$471K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$2.27M |
| 2 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$481K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$352K |
| 4 |
SCA
Stokes Capital Advisors
Greenwood,
South Carolina
|
-$266K |
| 5 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$126K |
SMMU Hedge Fund Activity: Q3 2019 in Review
42 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q3 2019, worth a combined $105M — up 7.7% from $97.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SMMU positions and 5 closed out — a net gain of 3 holders — while 19 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $5.21M. The largest seller was OneDigital Investment Advisors, cutting an estimated $2.27M.
- 42 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q3 2019, up from 39 in Q2 2019.
- Funds reported $105M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q3 2019, up 7.7% quarter-over-quarter.
- 8 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q3 2019 and 5 closed out, a net change of +3 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q3 2019 was Bank of America, an estimated $5.21M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q3 2019 was OneDigital Investment Advisors, an estimated $2.27M sold.
Based on aggregated 13F filings for Q3 2019.