PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
166 hedge funds and large institutions have $609M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2025 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 80 increasing their positions, 47 reducing their positions, and 15 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 47
15% more capital invested
Capital invested by funds: $528M → $609M (+$81.4M)
6.27% more ownership
Funds ownership: 83.15% → 89.42% (+6.3%)
3% less funds holding
Funds holding: 171 → 166 (-5)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DWM
Dynasty Wealth Management
St. Petersburg,
Florida
|
+$15.4M |
| 2 |
JP Morgan Chase
New York
|
+$12.8M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$9.09M |
| 4 |
SWP
Sagespring Wealth Partners
Franklin,
Tennessee
|
+$8.49M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$7.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$2.96M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.7M |
| 3 |
Cerity Partners
New York
|
-$1.84M |
| 4 |
GSIAS
Garden State Investment Advisory Services
Red Bank,
New Jersey
|
-$1.27M |
| 5 |
EFS
Econ Financial Services
Harrisburg,
Pennsylvania
|
-$975K |
SMMU Hedge Fund Activity: Q1 2025 in Review
166 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q1 2025, worth a combined $609M — up 15% from $528M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SMMU and 13 opened new positions — a net loss of 2 holders — while 47 trimmed existing stakes and 80 added.
The largest buyer was Dynasty Wealth Management, adding an estimated $15.4M. The largest seller was Independent Advisor Alliance, exiting entirely with an estimated $2.96M sold.
- 166 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q1 2025, down from 171 in Q4 2024.
- Funds reported $609M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q1 2025, up 15% quarter-over-quarter.
- 13 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q1 2025 and 15 closed out, a net change of -2 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q1 2025 was Dynasty Wealth Management, an estimated $15.4M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q1 2025 was Independent Advisor Alliance, an estimated $2.96M sold.
Based on aggregated 13F filings for Q1 2025.