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PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU

124 hedge funds and large institutions have $405M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 38 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more funds holding in top 10

Funds holding in top 10: 2 → 5 (+3)

21% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 38

15% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 13

1% more funds holding

Funds holding: 123 → 124 (+1)

0.84% less ownership

Funds ownership: 78.03% → 77.19% (-0.84%)

4% less capital invested

Capital invested by funds: $422M → $405M (-$16.6M)

Holders
124
Holders Change
+1
Holders Change %
+0.81%
% of All Funds
1.95%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.08%
New
15
Increased
46
Reduced
38
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BWM
Biltmore Wealth Management
Arizona
+$17.1M
2
AF
Allworth Financial
California
+$3.06M
3
BCI
Brinker Capital Investments
Pennsylvania
+$2.72M
4
OPS
Orion Portfolio Solutions
Nebraska
+$2.72M
5
Jane Street
Jane Street
New York
+$2.42M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$29.9M
2
HighTower Advisors
HighTower Advisors
Illinois
-$9.44M
3
Cerity Partners
Cerity Partners
New York
-$4.05M
4
Carson Wealth (CWM LLC)
Carson Wealth (CWM LLC)
Nebraska
-$3.77M
5
KCM
Kathmere Capital Management
Pennsylvania
-$2.51M
Name Holding Trade Value Shares
Change 		Change in
Stake
RJFSA
26
Raymond James Financial Services Advisors
Florida
$3.88M +$51.5K +1,039 +1%
WIM
27
Westside Investment Management
California
$3.8M +$263K +5,300 +7%
AF
28
Allworth Financial
California
$3.06M +$3.06M +61,729 New
UBS Group
29
UBS Group
Switzerland
$2.98M +$161K +3,246 +6%
Truist Financial
30
Truist Financial
North Carolina
$2.87M -$1.67M -33,656 -37%
IA
31
IFP Advisors
Florida
$2.77M -$110K -2,210 -4%
Commonwealth Equity Services
32
Commonwealth Equity Services
Massachusetts
$2.64M -$460K -9,281 -15%
AC
33
AIFG Consultants
New York
$2.34M +$58.2K +1,175 +3%
CAC
34
Certified Advisory Corp
Florida
$2.29M +$56K +1,129 +3%
DAS
35
Dynamic Advisor Solutions
Arizona
$2.26M +$590K +11,912 +35%
AFG
36
ABLE Financial Group
Arizona
$2.14M +$465K +9,385 +28%
BWM
37
BCGM Wealth Management
Indiana
$2.1M +$200K +4,038 +11%
RJA
38
Raymond James & Associates
Florida
$2.05M +$48.1K +970 +2%
WC
39
Wealth CMT
New Jersey
$2.04M +$2.05M +41,277 New
IWA
40
Inspirion Wealth Advisors
Illinois
$2.02M – – –
NC
41
NewSquare Capital
Pennsylvania
$2.01M -$17.4K -350 -0.9%
LWMG
42
Levy Wealth Management Group
Pennsylvania
$1.85M -$335K -6,749 -15%
Cambridge Investment Research Advisors
43
Cambridge Investment Research Advisors
Iowa
$1.68M +$536K +10,811 +47%
GSIAS
44
Garden State Investment Advisory Services
New Jersey
$1.67M -$17.4K -351 -1%
HighTower Advisors
45
HighTower Advisors
Illinois
$1.66M -$9.44M -190,451 -85%
KLI
46
Kelman-Lazarov Inc
Tennessee
$1.53M +$405K +8,174 +36%
CA
47
Crumly & Associates
Illinois
$1.31M +$507K +10,232 +63%
MW
48
MBL Wealth
North Carolina
$1.3M -$660K -13,315 -34%
SRC
49
Sage Rhino Capital
California
$1.29M +$297 +6 +0%
SFG
50
StrategIQ Financial Group
Indiana
$1.07M +$578K +11,663 +117%
1
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3 4 5

SMMU Hedge Fund Activity: Q2 2023 in Review

124 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q2 2023, worth a combined $405M — down 3.9% from $422M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new SMMU positions and 13 closed out — a net gain of 2 holders — while 46 added to existing stakes and 38 trimmed.

The largest buyer was Biltmore Wealth Management, opening a new position worth an estimated $17.1M. The largest seller was Bank of America, cutting an estimated $29.9M.

  • 124 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q2 2023, up from 123 in Q1 2023.
  • Funds reported $405M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q2 2023, down 3.9% quarter-over-quarter.
  • 15 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q2 2023 and 13 closed out, a net change of +2 holders.
  • The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q2 2023 was Biltmore Wealth Management, an estimated $17.1M added.
  • The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q2 2023 was Bank of America, an estimated $29.9M sold.

Based on aggregated 13F filings for Q2 2023.