PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
23 hedge funds and large institutions have $22.9M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2014 Q2 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: 22 → 23 (+1)
0.69% less ownership
Funds ownership: 30.73% → 30.04% (-0.69%)
5% less capital invested
Capital invested by funds: $24.1M → $22.9M (-$1.25M)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$899K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$554K |
| 3 |
Jane Street
New York
|
+$268K |
| 4 |
Morgan Stanley
New York
|
+$241K |
| 5 |
FBT
Founders Bank & Trust
Grand Rapids,
Michigan
|
+$71.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$987K |
| 2 |
LPL Financial
San Diego,
California
|
-$594K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$539K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$470K |
| 5 |
IH
IFC Holdings
Tampa,
Florida
|
-$355K |
SMMU Hedge Fund Activity: Q2 2014 in Review
23 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q2 2014, worth a combined $22.9M — down 5.2% from $24.1M 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 Bank of America, adding an estimated $899K. The largest seller was Wells Fargo, cutting an estimated $987K.
- 23 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q2 2014, up from 22 in Q1 2014.
- Funds reported $22.9M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q2 2014, down 5.2% quarter-over-quarter.
- 3 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q2 2014 and 2 closed out, a net change of +1 holder.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q2 2014 was Bank of America, an estimated $899K added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q2 2014 was Wells Fargo, an estimated $987K sold.
Based on aggregated 13F filings for Q2 2014.