PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
22 hedge funds and large institutions have $24M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 2 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
25% more capital invested
Capital invested by funds: $19.3M → $24M (+$4.74M)
1.72% more ownership
Funds ownership: 34.57% → 36.29% (+1.7%)
0% more funds holding
Funds holding: 22 → 22 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.26M |
| 2 |
Morgan Stanley
New York
|
+$2.22M |
| 3 |
Jane Street
New York
|
+$1.58M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$312K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.67M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$789K |
| 3 |
CG
Colony Group
Boston,
Massachusetts
|
-$611K |
| 4 |
ACS
Archford Capital Strategies
Swansea,
Illinois
|
-$113K |
| 5 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$101K |
SMMU Hedge Fund Activity: Q1 2016 in Review
22 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q1 2016, worth a combined $24M — up 25% from $19.3M a quarter earlier.
Fund positioning in SMMU was balanced in Q1 2016: 2 funds opened new positions, 2 closed out, 8 added to existing stakes and 6 trimmed.
The largest buyer was Bank of America, adding an estimated $3.26M. The largest seller was UBS Group, cutting an estimated $1.67M.
- 22 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $24M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q1 2016, up 25% quarter-over-quarter.
- 2 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q1 2016 and 2 closed out, a net change of 0 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q1 2016 was Bank of America, an estimated $3.26M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q1 2016 was UBS Group, an estimated $1.67M sold.
Based on aggregated 13F filings for Q1 2016.