PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
142 hedge funds and large institutions have $443M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2024 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 64 increasing their positions, 40 reducing their positions, and 10 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 40
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
2% more funds holding
Funds holding: 139 → 142 (+3)
0% more capital invested
Capital invested by funds: $442M → $443M (+$944K)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.99% less ownership
Funds ownership: 78.61% → 75.62% (-3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$7M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$3.57M |
| 3 |
TCM
TD Capital Management
Memphis,
Tennessee
|
+$2.93M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.85M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
-$6.36M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$4.15M |
| 3 |
Goldman Sachs
New York
|
-$2.41M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$1.24M |
| 5 |
CA
Crumly & Associates
Springfield,
Illinois
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Bessemer Group
Woodbridge,
New Jersey
| – | -$123K | -2,470 | Closed |
|
|
T
152
Tidemark
San Diego,
California
| – | -$28.6K | -574 | Closed |
|
|
GM
153
GeoWealth Management
Chicago,
Illinois
| – | -$25.1K | -502 | Closed |
|
SMMU Hedge Fund Activity: Q2 2024 in Review
142 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q2 2024, worth a combined $443M — up 0.21% from $442M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SMMU positions and 10 closed out — a net gain of 5 holders — while 64 added to existing stakes and 40 trimmed.
The largest buyer was LPL Financial, adding an estimated $7M. The largest seller was Mercer Global Advisors, cutting an estimated $6.36M.
- 142 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q2 2024, up from 139 in Q1 2024.
- Funds reported $443M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q2 2024, up 0.21% quarter-over-quarter.
- 15 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q2 2024 and 10 closed out, a net change of +5 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q2 2024 was LPL Financial, an estimated $7M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q2 2024 was Mercer Global Advisors, an estimated $6.36M sold.
Based on aggregated 13F filings for Q2 2024.