PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
128 hedge funds and large institutions have $418M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2023 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 46 increasing their positions, 43 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
3% more funds holding
Funds holding: 124 → 128 (+4)
1.18% more ownership
Funds ownership: 77.19% → 78.37% (+1.2%)
7% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 43
3% more capital invested
Capital invested by funds: $405M → $418M (+$12.9M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$12.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$9.01M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.51M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$3.1M |
| 5 |
Bank of New York Mellon
New York
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
Signify Wealth
Saint Louis,
Missouri
|
-$4.02M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$3.23M |
| 3 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$3.23M |
| 4 |
Jane Street
New York
|
-$3.03M |
| 5 |
AC
AIFG Consultants
Halfmoon,
New York
|
-$2.34M |
SMMU Hedge Fund Activity: Q3 2023 in Review
128 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q3 2023, worth a combined $418M — up 3.2% from $405M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SMMU positions and 10 closed out — a net gain of 6 holders — while 46 added to existing stakes and 43 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $12.1M. The largest seller was Signify Wealth, cutting an estimated $4.02M.
- 128 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q3 2023, up from 124 in Q2 2023.
- Funds reported $418M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q3 2023, up 3.2% quarter-over-quarter.
- 16 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q3 2023 and 10 closed out, a net change of +6 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q3 2023 was Wealth Enhancement Advisory Services, an estimated $12.1M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q3 2023 was Signify Wealth, an estimated $4.02M sold.
Based on aggregated 13F filings for Q3 2023.