PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
83 hedge funds and large institutions have $392M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 33 reducing their positions, and 13 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0.54% less ownership
Funds ownership: 76.43% → 75.89% (-0.54%)
6% less funds holding
Funds holding: 88 → 83 (-5)
9% less capital invested
Capital invested by funds: $430M → $392M (-$38.2M)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
24% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$12M |
| 2 |
Morgan Stanley
New York
|
+$3.36M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.87M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.83M |
| 5 |
WIM
Westside Investment Management
Santa Monica,
California
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$24.9M |
| 2 |
SW
Signify Wealth
Saint Louis,
Missouri
|
-$19.2M |
| 3 |
PP
Palladium Partners
Norfolk,
Virginia
|
-$5.72M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$5.16M |
| 5 |
WFA
Websterrogers Financial Advisors
Florence,
South Carolina
|
-$2.6M |
SMMU Hedge Fund Activity: Q1 2022 in Review
83 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q1 2022, worth a combined $392M — down 8.9% from $430M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SMMU and 11 opened new positions — a net loss of 2 holders — while 33 trimmed existing stakes and 25 added.
The largest buyer was Bank of America, adding an estimated $12M. The largest seller was Jane Street, cutting an estimated $24.9M.
- 83 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q1 2022, down from 88 in Q4 2021.
- Funds reported $392M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q1 2022, down 8.9% quarter-over-quarter.
- 11 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q1 2022 and 13 closed out, a net change of -2 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q1 2022 was Bank of America, an estimated $12M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q1 2022 was Jane Street, an estimated $24.9M sold.
Based on aggregated 13F filings for Q1 2022.