PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
77 hedge funds and large institutions have $330M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2021 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 37 increasing their positions, 14 reducing their positions, and 5 closing their positions.
164% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 14
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
5% more funds holding
Funds holding: 73 → 77 (+4)
5% more capital invested
Capital invested by funds: $314M → $330M (+$16M)
9.07% less ownership
Funds ownership: 69.78% → 60.71% (-9.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Palladium Partners
Norfolk,
Virginia
|
+$23.7M |
| 2 |
Jane Street
New York
|
+$22.9M |
| 3 |
Morgan Stanley
New York
|
+$10.5M |
| 4 |
FNC
First National Corp
Rockland,
Massachusetts
|
+$2.07M |
| 5 |
SW
Signify Wealth
Saint Louis,
Missouri
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$10.7M |
| 2 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
-$2.24M |
| 3 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$695K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$648K |
| 5 |
JP Morgan Chase
New York
|
-$409K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
76
Covington Capital Management
Los Angeles,
California
| $19K | – | – | – |
|
77
Rockefeller Capital Management
New York
| $15K | – | – | – |
|
|
HCM
78
Hollencrest Capital Management
Newport Beach,
California
| – | -$2.24M | -43,602 | Closed |
|
|
GWM
79
Gray Wealth Management
Bangor,
Maine
| – | -$232K | -4,511 | Closed |
|
|
SB
80
Strategic Blueprint
Atlanta,
Georgia
| – | -$58K | -1,125 | Closed |
|
81
Citigroup
New York
| – | -$31K | -600 | Closed |
|
|
BFEC
82
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$10K | -199 | Closed |
|
SMMU Hedge Fund Activity: Q3 2021 in Review
77 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q3 2021, worth a combined $330M — up 5.1% from $314M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SMMU positions and 5 closed out — a net gain of 5 holders — while 37 added to existing stakes and 14 trimmed.
The largest buyer was Palladium Partners, opening a new position worth an estimated $23.7M. The largest seller was Bank of America, cutting an estimated $10.7M.
- 77 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q3 2021, up from 73 in Q2 2021.
- Funds reported $330M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q3 2021, up 5.1% quarter-over-quarter.
- 10 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q3 2021 and 5 closed out, a net change of +5 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q3 2021 was Palladium Partners, an estimated $23.7M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q3 2021 was Bank of America, an estimated $10.7M sold.
Based on aggregated 13F filings for Q3 2021.