PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
147 hedge funds and large institutions have $458M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2024 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 57 increasing their positions, 45 reducing their positions, and 14 closing their positions.
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
27% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 45
4% more funds holding
Funds holding: 142 → 147 (+5)
3% more capital invested
Capital invested by funds: $443M → $458M (+$15.3M)
3.23% less ownership
Funds ownership: 75.62% → 72.39% (-3.2%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.9M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.82M |
| 3 |
Cerity Partners
New York
|
+$2.12M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.1M |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$8.93M |
| 2 |
Bank of New York Mellon
New York
|
-$3.11M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$2.72M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$1.99M |
| 5 |
DWM
Dynasty Wealth Management
St. Petersburg,
Florida
|
-$1.87M |
SMMU Hedge Fund Activity: Q3 2024 in Review
147 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q3 2024, worth a combined $458M — up 3.5% from $443M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new SMMU positions and 14 closed out — a net gain of 7 holders — while 57 added to existing stakes and 45 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.9M. The largest seller was Bank of America, cutting an estimated $8.93M.
- 147 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q3 2024, up from 142 in Q2 2024.
- Funds reported $458M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q3 2024, up 3.5% quarter-over-quarter.
- 21 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q3 2024 and 14 closed out, a net change of +7 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q3 2024 was Morgan Stanley, an estimated $11.9M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q3 2024 was Bank of America, an estimated $8.93M sold.
Based on aggregated 13F filings for Q3 2024.