PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
29 hedge funds and large institutions have $29.1M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 3 closing their positions.
7% more capital invested
Capital invested by funds: $27.1M → $29.1M (+$1.95M)
0.14% more ownership
Funds ownership: 39.93% → 40.07% (+0.14%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
3% less funds holding
Funds holding: 30 → 29 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.34M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$607K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$576K |
| 4 |
ET
Equitable Trust
Nashville,
Tennessee
|
+$492K |
| 5 |
Jane Street
New York
|
+$466K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$735K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$256K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$221K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$156K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$146K |
SMMU Hedge Fund Activity: Q3 2018 in Review
29 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q3 2018, worth a combined $29.1M — up 7.2% from $27.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SMMU and 2 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 11 added.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $1.34M. The largest seller was Rehmann Capital Advisory Group, cutting an estimated $735K.
- 29 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q3 2018, down from 30 in Q2 2018.
- Funds reported $29.1M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q3 2018, up 7.2% quarter-over-quarter.
- 2 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q3 2018 and 3 closed out, a net change of -1 holder.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q3 2018 was Envestnet Asset Management, an estimated $1.34M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q3 2018 was Rehmann Capital Advisory Group, an estimated $735K sold.
Based on aggregated 13F filings for Q3 2018.