PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
18 hedge funds and large institutions have $22.8M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
87% more capital invested
Capital invested by funds: $12.2M → $22.8M (+$10.6M)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
13% more funds holding
Funds holding: 16 → 18 (+2)
10.88% more ownership
Funds ownership: 19.29% → 30.17% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.61M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.15M |
| 3 |
Jane Street
New York
|
+$1.38M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.05M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$928K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$368K |
| 2 |
SC
SouthState Corp
Winter Haven,
Florida
|
-$175K |
| 3 |
LWI
Long Wharf Investors
Boston,
Massachusetts
|
-$115K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$81.7K |
| 5 |
MA
MUFG Americas
New York
|
-$50K |
SMMU Hedge Fund Activity: Q3 2013 in Review
18 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q3 2013, worth a combined $22.8M — up 87% from $12.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SMMU positions and 1 closed out — a net gain of 3 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.61M. The largest seller was UBS, cutting an estimated $368K.
- 18 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q3 2013, up from 16 in Q2 2013.
- Funds reported $22.8M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q3 2013, up 87% quarter-over-quarter.
- 4 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q3 2013 and 1 closed out, a net change of +3 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q3 2013 was Morgan Stanley, an estimated $4.61M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q3 2013 was UBS, an estimated $368K sold.
Based on aggregated 13F filings for Q3 2013.