PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
23 hedge funds and large institutions have $24.9M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 3 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
21% more capital invested
Capital invested by funds: $20.6M → $24.9M (+$4.31M)
8.39% more ownership
Funds ownership: 29.56% → 37.95% (+8.4%)
15% less funds holding
Funds holding: 27 → 23 (-4)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.75M |
| 2 |
Jane Street
New York
|
+$1.54M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.01M |
| 4 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$637K |
| 5 |
Morgan Stanley
New York
|
+$359K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.01M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$447K |
| 3 |
PAM
Peak Asset Management
Louisville,
Colorado
|
-$253K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$240K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$35.2K |
SMMU Hedge Fund Activity: Q1 2017 in Review
23 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q1 2017, worth a combined $24.9M — up 21% from $20.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SMMU and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 14 added.
The largest buyer was Commonwealth Equity Services, opening a new position worth an estimated $1.75M. The largest seller was Bank of America, cutting an estimated $1.01M.
- 23 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q1 2017, down from 27 in Q4 2016.
- Funds reported $24.9M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q1 2017, up 21% quarter-over-quarter.
- 1 fund opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q1 2017 and 3 closed out, a net change of -2 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q1 2017 was Commonwealth Equity Services, an estimated $1.75M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q1 2017 was Bank of America, an estimated $1.01M sold.
Based on aggregated 13F filings for Q1 2017.