PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
23 hedge funds and large institutions have $22.7M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
15% more funds holding
Funds holding: 20 → 23 (+3)
0.39% less ownership
Funds ownership: 34.98% → 34.59% (-0.39%)
15% less capital invested
Capital invested by funds: $26.6M → $22.7M (-$3.88M)
70% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$1.68M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$110K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$40K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$3.68K |
| 5 |
TCM
TD Capital Management
Memphis,
Tennessee
|
+$151 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.27M |
| 2 |
Jane Street
New York
|
-$1.07M |
| 3 |
Morgan Stanley
New York
|
-$810K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$495K |
| 5 |
Citigroup
New York
|
-$429K |
SMMU Hedge Fund Activity: Q4 2014 in Review
23 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q4 2014, worth a combined $22.7M — down 15% from $26.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SMMU positions and 1 closed out — a net gain of 4 holders — while 3 added to existing stakes and 10 trimmed.
The largest buyer was Advisors Preferred, opening a new position worth an estimated $1.68M. The largest seller was Susquehanna International Group, cutting an estimated $2.27M.
- 23 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q4 2014, up from 20 in Q3 2014.
- Funds reported $22.7M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q4 2014, down 15% quarter-over-quarter.
- 5 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q4 2014 and 1 closed out, a net change of +4 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q4 2014 was Advisors Preferred, an estimated $1.68M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q4 2014 was Susquehanna International Group, an estimated $2.27M sold.
Based on aggregated 13F filings for Q4 2014.