PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
28 hedge funds and large institutions have $29.5M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 2 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
12% more funds holding
Funds holding: 25 → 28 (+3)
10% more capital invested
Capital invested by funds: $26.8M → $29.5M (+$2.77M)
1.45% more ownership
Funds ownership: 42.09% → 43.54% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$639K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$629K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$419K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$391K |
| 5 |
RMDI
R.M. Davis Inc
Portland,
Maine
|
+$346K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.89M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.59M |
| 3 |
NFG
Next Financial Group
Houston,
Texas
|
-$303K |
| 4 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$200K |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$103K |
SMMU Hedge Fund Activity: Q4 2017 in Review
28 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q4 2017, worth a combined $29.5M — up 10% from $26.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SMMU positions and 2 closed out — a net gain of 3 holders — while 14 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $639K. The largest seller was Jane Street, cutting an estimated $2.89M.
- 28 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q4 2017, up from 25 in Q3 2017.
- Funds reported $29.5M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q4 2017, up 10% quarter-over-quarter.
- 5 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q4 2017 and 2 closed out, a net change of +3 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q4 2017 was Morgan Stanley, an estimated $639K added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q4 2017 was Jane Street, an estimated $2.89M sold.
Based on aggregated 13F filings for Q4 2017.