PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
138 hedge funds and large institutions have $479M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 50 increasing their positions, 43 reducing their positions, and 14 closing their positions.
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
16% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 43
14% more capital invested
Capital invested by funds: $418M → $479M (+$60.5M)
8% more funds holding
Funds holding: 128 → 138 (+10)
5.88% more ownership
Funds ownership: 78.37% → 84.24% (+5.9%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$39.4M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$13.6M |
| 3 |
Goldman Sachs
New York
|
+$11M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$6.34M |
| 5 |
Jane Street
New York
|
+$5.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$24.3M |
| 2 |
KCM
Kathmere Capital Management
Wayne,
Pennsylvania
|
-$5.29M |
| 3 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$5.22M |
| 4 |
AWA
Amplius Wealth Advisors
Blue Bell,
Pennsylvania
|
-$4.87M |
| 5 |
SW
Signify Wealth
Saint Louis,
Missouri
|
-$4.59M |
SMMU Hedge Fund Activity: Q4 2023 in Review
138 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q4 2023, worth a combined $479M — up 14% from $418M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SMMU positions and 14 closed out — a net gain of 10 holders — while 50 added to existing stakes and 43 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $39.4M. The largest seller was Bank of America, cutting an estimated $24.3M.
- 138 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q4 2023, up from 128 in Q3 2023.
- Funds reported $479M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q4 2023, up 14% quarter-over-quarter.
- 24 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q4 2023 and 14 closed out, a net change of +10 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q4 2023 was Morgan Stanley, an estimated $39.4M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q4 2023 was Bank of America, an estimated $24.3M sold.
Based on aggregated 13F filings for Q4 2023.