PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
31 hedge funds and large institutions have $28.8M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
7% more funds holding
Funds holding: 29 → 31 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $29.1M → $28.8M (-$233K)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
4.1% less ownership
Funds ownership: 40.07% → 35.96% (-4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.46M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$686K |
| 3 |
TCM
TD Capital Management
Memphis,
Tennessee
|
+$269K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$203K |
| 5 |
SCA
Stokes Capital Advisors
Greenwood,
South Carolina
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$673K |
| 2 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$632K |
| 3 |
ET
Equitable Trust
Nashville,
Tennessee
|
-$491K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$443K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$431K |
SMMU Hedge Fund Activity: Q4 2018 in Review
31 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q4 2018, worth a combined $28.8M — down 0.8% from $29.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SMMU positions and 2 closed out — a net gain of 2 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Bank of America, adding an estimated $1.46M. The largest seller was Envestnet Asset Management, cutting an estimated $673K.
- 31 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q4 2018, up from 29 in Q3 2018.
- Funds reported $28.8M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q4 2018, down 0.8% quarter-over-quarter.
- 4 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q4 2018 and 2 closed out, a net change of +2 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q4 2018 was Bank of America, an estimated $1.46M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q4 2018 was Envestnet Asset Management, an estimated $673K sold.
Based on aggregated 13F filings for Q4 2018.