PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
72 hedge funds and large institutions have $267M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2021 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 18 reducing their positions, and 10 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 18
39% more capital invested
Capital invested by funds: $192M → $267M (+$74.4M)
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
4.18% more ownership
Funds ownership: 67.81% → 71.99% (+4.2%)
1% more funds holding
Funds holding: 71 → 72 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$52.7M |
| 2 |
KCM
Kathmere Capital Management
Wayne,
Pennsylvania
|
+$4.82M |
| 3 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$3.76M |
| 4 |
RMDI
R.M. Davis Inc
Portland,
Maine
|
+$3.13M |
| 5 |
Morgan Stanley
New York
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.78M |
| 2 |
BRC
BHF RG Capital
Scottsdale,
Arizona
|
-$1.06M |
| 3 |
VFA
Voya Financial Advisors
Windsor,
Connecticut
|
-$1.06M |
| 4 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$926K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$883K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citadel Advisors
Miami,
Florida
| – | -$357K | -6,945 | Closed |
|
|
MA
77
Mutual Advisors
Omaha,
Nebraska
| – | -$234K | -4,544 | Closed |
|
|
CAL
78
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$26K | -502 | Closed |
|
79
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$23K | -450 | Closed |
|
|
CTFG
80
Capstone Triton Financial Group
Oklahoma City,
Oklahoma
| – | -$15K | -295 | Closed |
|
|
ASN
81
Advisory Services Network
Atlanta,
Georgia
| – | -$11K | -207 | Closed |
|
|
PS
82
Planned Solutions
Folsom,
California
| – | -$2K | -39 | Closed |
|
SMMU Hedge Fund Activity: Q1 2021 in Review
72 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q1 2021, worth a combined $267M — up 39% from $192M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SMMU positions and 10 closed out — a net gain of 2 holders — while 31 added to existing stakes and 18 trimmed.
The largest buyer was Bank of America, adding an estimated $52.7M. The largest seller was Jane Street, exiting entirely with an estimated $2.78M sold.
- 72 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q1 2021, up from 71 in Q4 2020.
- Funds reported $267M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q1 2021, up 39% quarter-over-quarter.
- 12 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q1 2021 and 10 closed out, a net change of +2 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q1 2021 was Bank of America, an estimated $52.7M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q1 2021 was Jane Street, an estimated $2.78M sold.
Based on aggregated 13F filings for Q1 2021.