PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
21 hedge funds and large institutions have $26M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
17% more funds holding
Funds holding: 18 → 21 (+3)
14% more capital invested
Capital invested by funds: $22.8M → $26M (+$3.21M)
3.03% more ownership
Funds ownership: 30.17% → 33.2% (+3%)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$901K |
| 2 |
B
Baird
Milwaukee,
Wisconsin
|
+$838K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$795K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$770K |
| 5 |
Morgan Stanley
New York
|
+$641K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.38M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$325K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$202K |
| 4 |
NES
New England Securities
New York
|
-$137K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$76.1K |
SMMU Hedge Fund Activity: Q4 2013 in Review
21 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q4 2013, worth a combined $26M — up 14% from $22.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SMMU positions and 1 closed out — a net gain of 3 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $901K. The largest seller was Jane Street, exiting entirely with an estimated $1.38M sold.
- 21 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q4 2013, up from 18 in Q3 2013.
- Funds reported $26M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q4 2013, up 14% quarter-over-quarter.
- 4 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q4 2013 and 1 closed out, a net change of +3 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q4 2013 was Susquehanna International Group, an estimated $901K added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q4 2013 was Jane Street, an estimated $1.38M sold.
Based on aggregated 13F filings for Q4 2013.