PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
51 hedge funds and large institutions have $122M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
14.93% more ownership
Funds ownership: 90.73% → 105.67% (+15%)
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
12% more capital invested
Capital invested by funds: $109M → $122M (+$13M)
9% more funds holding
Funds holding: 47 → 51 (+4)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$4.86M |
| 2 |
Jane Street
New York
|
+$4.75M |
| 3 |
MHS
M Holdings Securities
Portland,
Oregon
|
+$4.72M |
| 4 |
Morgan Stanley
New York
|
+$2.17M |
| 5 |
VFA
Voya Financial Advisors
Windsor,
Connecticut
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stokes Capital Advisors
Greenwood,
South Carolina
|
-$2.69M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.66M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.05M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$950K |
| 5 |
FNC
First National Corp
Rockland,
Massachusetts
|
-$657K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
51
Advisory Services Network
Atlanta,
Georgia
| $10K | +$10.5K | +207 | New |
|
|
TJHA
52
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$950K | -18,756 | Closed |
|
|
BRWA
53
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$552K | -10,895 | Closed |
|
54
LPL Financial
San Diego,
California
| – | -$467K | -9,220 | Closed |
|
|
RA
55
RFG Advisory
Birmingham,
Alabama
| – | -$228K | -4,500 | Closed |
|
|
HWM
56
Howard Wealth Management
Madison,
Connecticut
| – | -$167K | -3,300 | Closed |
|
57
Allianz Asset Management
Munich,
Germany
| – | -$8K | -166 | Closed |
|
SMMU Hedge Fund Activity: Q1 2020 in Review
51 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q1 2020, worth a combined $122M — up 12% from $109M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SMMU positions and 7 closed out — a net gain of 6 holders — while 16 added to existing stakes and 14 trimmed.
The largest buyer was OneDigital Investment Advisors, adding an estimated $4.86M. The largest seller was Stokes Capital Advisors, cutting an estimated $2.69M.
- 51 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q1 2020, up from 47 in Q4 2019.
- Funds reported $122M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q1 2020, up 12% quarter-over-quarter.
- 13 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q1 2020 and 7 closed out, a net change of +6 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q1 2020 was OneDigital Investment Advisors, an estimated $4.86M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q1 2020 was Stokes Capital Advisors, an estimated $2.69M sold.
Based on aggregated 13F filings for Q1 2020.