PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
19 hedge funds and large institutions have $17.3M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
12% more capital invested
Capital invested by funds: $15.4M → $17.3M (+$1.84M)
3.43% more ownership
Funds ownership: 27.6% → 31.03% (+3.4%)
10% less funds holding
Funds holding: 21 → 19 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.95M |
| 2 |
FMP
Financial Management Professionals
Austin,
Texas
|
+$1.25M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$525K |
| 4 |
Jane Street
New York
|
+$313K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$1.43M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$994K |
| 3 |
Morgan Stanley
New York
|
-$563K |
| 4 |
LPL Financial
San Diego,
California
|
-$234K |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$103K |
SMMU Hedge Fund Activity: Q2 2015 in Review
19 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q2 2015, worth a combined $17.3M — up 12% from $15.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SMMU and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 6 added.
The largest buyer was Bank of America, adding an estimated $2.95M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $1.43M sold.
- 19 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q2 2015, down from 21 in Q1 2015.
- Funds reported $17.3M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q2 2015, up 12% quarter-over-quarter.
- 2 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q2 2015 and 3 closed out, a net change of -1 holder.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q2 2015 was Bank of America, an estimated $2.95M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q2 2015 was Virtu KCG Holdings, an estimated $1.43M sold.
Based on aggregated 13F filings for Q2 2015.