PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
123 hedge funds and large institutions have $422M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 44 increasing their positions, 39 reducing their positions, and 7 closing their positions.
186% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 7
13% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 39
10% more funds holding
Funds holding: 112 → 123 (+11)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5.09% less ownership
Funds ownership: 83.12% → 78.03% (-5.1%)
9% less capital invested
Capital invested by funds: $466M → $422M (-$44.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.37M |
| 2 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$3.27M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$1.9M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$1.54M |
| 5 |
WIM
Westside Investment Management
Santa Monica,
California
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$40.1M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$9.86M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.03M |
| 4 |
WC
Wealth CMT
Cherry Hill,
New Jersey
|
-$2.34M |
| 5 |
CA
Crumly & Associates
Springfield,
Illinois
|
-$2.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
126
ShoreHaven Wealth Partners
Red Bank,
New Jersey
| – | -$511K | -10,357 | Closed |
|
127
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$270K | -5,475 | Closed |
|
|
FWA
128
Freedom Wealth Alliance
Brookfield,
Wisconsin
| – | -$142K | -2,874 | Closed |
|
|
LFA
129
LGT Financial Advisors
Dallas,
Texas
| – | -$97.4K | -1,975 | Closed |
|
|
MCC
130
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$81.1K | -1,646 | Closed |
|
SMMU Hedge Fund Activity: Q1 2023 in Review
123 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q1 2023, worth a combined $422M — down 9.5% from $466M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SMMU positions and 7 closed out — a net gain of 13 holders — while 44 added to existing stakes and 39 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.37M. The largest seller was Jane Street, cutting an estimated $40.1M.
- 123 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q1 2023, up from 112 in Q4 2022.
- Funds reported $422M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q1 2023, down 9.5% quarter-over-quarter.
- 20 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q1 2023 and 7 closed out, a net change of +13 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q1 2023 was LPL Financial, an estimated $3.37M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q1 2023 was Jane Street, an estimated $40.1M sold.
Based on aggregated 13F filings for Q1 2023.