PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
39 hedge funds and large institutions have $97.5M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 8 reducing their positions, and 5 closing their positions.
456% more capital inflows, than outflows
Capital inflows: $12.6M | Capital outflows: $2.26M
150% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 8
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 40 → 39 (-1)
3.52% less ownership
Funds ownership: 103.48% → 99.96% (-3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$8.05M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.25M |
| 3 |
L. Roy Papp & Associates
Phoenix,
Arizona
|
+$898K |
| 4 |
Morgan Stanley
New York
|
+$370K |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
+$294K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$526K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$303K |
| 4 |
B. Riley Wealth Management
Memphis,
Tennessee
|
-$200K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$72K |
SMMU Hedge Fund Activity: Q2 2019 in Review
39 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q2 2019, worth a combined $97.5M — up 11% from $87.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SMMU positions and 5 closed out — a net gain of 1 holder — while 20 added to existing stakes and 8 trimmed.
The largest buyer was OneDigital Investment Advisors, opening a new position worth an estimated $8.05M. The largest seller was First Trust Advisors, exiting entirely with an estimated $1M sold.
- 39 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q2 2019, down from 40 in Q1 2019.
- Funds reported $97.5M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q2 2019, up 11% quarter-over-quarter.
- 6 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q2 2019 and 5 closed out, a net change of +1 holder.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q2 2019 was OneDigital Investment Advisors, an estimated $8.05M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q2 2019 was First Trust Advisors, an estimated $1M sold.
Based on aggregated 13F filings for Q2 2019.