PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
124 hedge funds and large institutions have $405M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 38 reducing their positions, and 13 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
21% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 38
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
1% more funds holding
Funds holding: 123 → 124 (+1)
0.84% less ownership
Funds ownership: 78.03% → 77.19% (-0.84%)
4% less capital invested
Capital invested by funds: $422M → $405M (-$16.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWM
Biltmore Wealth Management
Tempe,
Arizona
|
+$17.1M |
| 2 |
AF
Allworth Financial
Folsom,
California
|
+$3.06M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$2.72M |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$2.72M |
| 5 |
Jane Street
New York
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$29.9M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$9.44M |
| 3 |
Cerity Partners
New York
|
-$4.05M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$3.77M |
| 5 |
KCM
Kathmere Capital Management
Wayne,
Pennsylvania
|
-$2.51M |
SMMU Hedge Fund Activity: Q2 2023 in Review
124 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q2 2023, worth a combined $405M — down 3.9% from $422M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SMMU positions and 13 closed out — a net gain of 2 holders — while 46 added to existing stakes and 38 trimmed.
The largest buyer was Biltmore Wealth Management, opening a new position worth an estimated $17.1M. The largest seller was Bank of America, cutting an estimated $29.9M.
- 124 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q2 2023, up from 123 in Q1 2023.
- Funds reported $405M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q2 2023, down 3.9% quarter-over-quarter.
- 15 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q2 2023 and 13 closed out, a net change of +2 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q2 2023 was Biltmore Wealth Management, an estimated $17.1M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q2 2023 was Bank of America, an estimated $29.9M sold.
Based on aggregated 13F filings for Q2 2023.