PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
50 hedge funds and large institutions have $130M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 6 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 12
7% more capital invested
Capital invested by funds: $122M → $130M (+$8.24M)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
2% less funds holding
Funds holding: 51 → 50 (-1)
32.12% less ownership
Funds ownership: 105.67% → 73.55% (-32%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$7.43M |
| 2 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$3.03M |
| 3 |
Morgan Stanley
New York
|
+$1.7M |
| 4 |
BRC
BHF RG Capital
Scottsdale,
Arizona
|
+$1.51M |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.94M |
| 2 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$4.72M |
| 3 |
SCA
Stokes Capital Advisors
Greenwood,
South Carolina
|
-$2.18M |
| 4 |
Jane Street
New York
|
-$2.09M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$566K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MHS
51
M Holdings Securities
Portland,
Oregon
| – | -$4.72M | -93,265 | Closed |
|
|
SCA
52
Stokes Capital Advisors
Greenwood,
South Carolina
| – | -$2.18M | -43,175 | Closed |
|
|
53
Citadel Advisors
Miami,
Florida
| – | -$566K | -11,183 | Closed |
|
|
NFG
54
Next Financial Group
Houston,
Texas
| – | -$174K | -3,449 | Closed |
|
55
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$15K | -291 | Closed |
|
|
ASN
56
Advisory Services Network
Atlanta,
Georgia
| – | -$10K | -207 | Closed |
|
SMMU Hedge Fund Activity: Q2 2020 in Review
50 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q2 2020, worth a combined $130M — up 6.7% from $122M a quarter earlier.
Fund positioning in SMMU was balanced in Q2 2020: 6 funds opened new positions, 6 closed out, 21 added to existing stakes and 12 trimmed.
The largest buyer was Bank of America, adding an estimated $7.43M. The largest seller was Osaic Holdings, cutting an estimated $4.94M.
- 50 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q2 2020, down from 51 in Q1 2020.
- Funds reported $130M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q2 2020, up 6.7% quarter-over-quarter.
- 6 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q2 2020 and 6 closed out, a net change of 0 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q2 2020 was Bank of America, an estimated $7.43M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q2 2020 was Osaic Holdings, an estimated $4.94M sold.
Based on aggregated 13F filings for Q2 2020.