PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
59 hedge funds and large institutions have $165M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2020 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 10 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
150% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 10
27% more capital invested
Capital invested by funds: $130M → $165M (+$34.7M)
18% more funds holding
Funds holding: 50 → 59 (+9)
6.28% less ownership
Funds ownership: 73.55% → 67.27% (-6.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$7.56M |
| 2 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$4.94M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.93M |
| 4 |
Morgan Stanley
New York
|
+$3.64M |
| 5 |
YIA
YHB Investment Advisors
West Hartford,
Connecticut
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRC
BHF RG Capital
Scottsdale,
Arizona
|
-$416K |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$254K |
| 3 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$204K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$200K |
| 5 |
TCM
TD Capital Management
Memphis,
Tennessee
|
-$59.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFS
51
Sowell Financial Services
North Little Rock,
Arkansas
| $50K | – | – | – |
|
52
Citigroup
New York
| $31K | – | – | – |
|
|
BFEC
53
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $29K | – | – | – |
|
|
CAL
54
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $26K | +$25.6K | +500 | New |
|
|
WEC
55
Winslow Evans & Crocker
Boston,
Massachusetts
| $26K | +$25.6K | +500 | New |
|
56
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $23K | – | – | – |
|
|
ASN
57
Advisory Services Network
Atlanta,
Georgia
| $11K | +$10.6K | +207 | New |
|
|
SIAP
58
Sterling Investment Advisors (Pennsylvania)
Berwyn,
Pennsylvania
| $4K | +$3.69K | +72 | New |
|
|
PS
59
Planned Solutions
Folsom,
California
| $4K | +$4.15K | +81 | New |
|
|
IAIM
60
International Assets Investment Management
Orlando,
Florida
| – | -$254K | -4,970 | Closed |
|
|
CCM
61
Condor Capital Management
Martinsville,
New Jersey
| – | -$204K | -3,988 | Closed |
|
|
OPS
62
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$16K | -319 | Closed |
|
SMMU Hedge Fund Activity: Q3 2020 in Review
59 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q3 2020, worth a combined $165M — up 27% from $130M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SMMU positions and 3 closed out — a net gain of 9 holders — while 25 added to existing stakes and 10 trimmed.
The largest buyer was First Heartland Consultants, opening a new position worth an estimated $7.56M. The largest seller was BHF RG Capital, cutting an estimated $416K.
- 59 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q3 2020, up from 50 in Q2 2020.
- Funds reported $165M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q3 2020, up 27% quarter-over-quarter.
- 12 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q3 2020 and 3 closed out, a net change of +9 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q3 2020 was First Heartland Consultants, an estimated $7.56M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q3 2020 was BHF RG Capital, an estimated $416K sold.
Based on aggregated 13F filings for Q3 2020.