PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
139 hedge funds and large institutions have $442M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 57 increasing their positions, 42 reducing their positions, and 10 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 42
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
1% more funds holding
Funds holding: 138 → 139 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5.63% less ownership
Funds ownership: 84.24% → 78.61% (-5.6%)
8% less capital invested
Capital invested by funds: $479M → $442M (-$36.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$20.4M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$7.27M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$4.88M |
| 4 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$2.13M |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$32.9M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$10M |
| 3 |
Goldman Sachs
New York
|
-$8.72M |
| 4 |
Jane Street
New York
|
-$8.07M |
| 5 |
PNAA
Pictet North America Advisors
Geneva 73,
Switzerland
|
-$5.12M |
SMMU Hedge Fund Activity: Q1 2024 in Review
139 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q1 2024, worth a combined $442M — down 7.6% from $479M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SMMU positions and 10 closed out — a net gain of 2 holders — while 57 added to existing stakes and 42 trimmed.
The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $20.4M. The largest seller was Morgan Stanley, cutting an estimated $32.9M.
- 139 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q1 2024, up from 138 in Q4 2023.
- Funds reported $442M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q1 2024, down 7.6% quarter-over-quarter.
- 12 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q1 2024 and 10 closed out, a net change of +2 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q1 2024 was Cetera Investment Advisers, an estimated $20.4M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q1 2024 was Morgan Stanley, an estimated $32.9M sold.
Based on aggregated 13F filings for Q1 2024.