PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
73 hedge funds and large institutions have $314M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 18 reducing their positions, and 7 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 18
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
18% more capital invested
Capital invested by funds: $267M → $314M (+$47.8M)
1% more funds holding
Funds holding: 72 → 73 (+1)
2.22% less ownership
Funds ownership: 71.99% → 69.78% (-2.2%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$28.9M |
| 2 |
Jane Street
New York
|
+$7.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$7.46M |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$3.43M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FNC
First National Corp
Rockland,
Massachusetts
|
-$2.45M |
| 2 |
KCM
Kathmere Capital Management
Wayne,
Pennsylvania
|
-$2.17M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.9M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$709K |
| 5 |
SW
Signify Wealth
Saint Louis,
Missouri
|
-$423K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
76
Flow Traders U.S.
New York
| – | -$237K | -4,613 | Closed |
|
77
HighTower Advisors
Chicago,
Illinois
| – | -$223K | -4,356 | Closed |
|
|
CCM
78
Condor Capital Management
Martinsville,
New Jersey
| – | -$208K | -4,053 | Closed |
|
|
VFA
79
Voya Financial Advisors
Windsor,
Connecticut
| – | -$206K | -4,003 | Closed |
|
|
SFS
80
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$51K | -984 | Closed |
|
SMMU Hedge Fund Activity: Q2 2021 in Review
73 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q2 2021, worth a combined $314M — up 18% from $267M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SMMU positions and 7 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 $28.9M. The largest seller was First National Corp, cutting an estimated $2.45M.
- 73 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q2 2021, up from 72 in Q1 2021.
- Funds reported $314M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q2 2021, up 18% quarter-over-quarter.
- 9 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q2 2021 and 7 closed out, a net change of +2 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q2 2021 was Bank of America, an estimated $28.9M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q2 2021 was First National Corp, an estimated $2.45M sold.
Based on aggregated 13F filings for Q2 2021.