PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
22 hedge funds and large institutions have $24.1M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
5% more funds holding
Funds holding: 21 → 22 (+1)
2.47% less ownership
Funds ownership: 33.2% → 30.73% (-2.5%)
7% less capital invested
Capital invested by funds: $26M → $24.1M (-$1.9M)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.16M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$661K |
| 3 |
Jane Street
New York
|
+$450K |
| 4 |
TCM
TD Capital Management
Memphis,
Tennessee
|
+$68.9K |
| 5 |
Citigroup
New York
|
+$37.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.46M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.11M |
| 3 |
B
Baird
Milwaukee,
Wisconsin
|
-$838K |
| 4 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$582K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$212K |
SMMU Hedge Fund Activity: Q1 2014 in Review
22 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q1 2014, worth a combined $24.1M — down 7.3% from $26M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SMMU positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.16M. The largest seller was Morgan Stanley, cutting an estimated $1.46M.
- 22 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q1 2014, up from 21 in Q4 2013.
- Funds reported $24.1M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q1 2014, down 7.3% quarter-over-quarter.
- 3 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q1 2014 and 2 closed out, a net change of +1 holder.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q1 2014 was Susquehanna International Group, an estimated $1.16M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q1 2014 was Morgan Stanley, an estimated $1.46M sold.
Based on aggregated 13F filings for Q1 2014.