PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
185 hedge funds and large institutions have $871M invested in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund in 2025 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 91 increasing their positions, 53 reducing their positions, and 12 closing their positions.
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
72% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 53
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
5% more funds holding
Funds holding: 177 → 185 (+8)
3% less capital invested
Capital invested by funds: $901M → $871M (-$30M)
4.62% less ownership
Funds ownership: 94.25% → 89.64% (-4.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAG
HighPoint Advisor Group
Downers Grove,
Illinois
|
+$6.63M |
| 2 |
VT
Vise Technologies
New York
|
+$6.44M |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$4.59M |
| 4 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$2.75M |
| 5 |
SN
Sittner & Nelson
Eugene,
Oregon
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DWM
Dynasty Wealth Management
St. Petersburg,
Florida
|
-$40M |
| 2 |
Morgan Stanley
New York
|
-$37.3M |
| 3 |
JP Morgan Chase
New York
|
-$6.63M |
| 4 |
SWP
Sagespring Wealth Partners
Franklin,
Tennessee
|
-$4.32M |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$3.58M |
SMMU Hedge Fund Activity: Q4 2025 in Review
185 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) for Q4 2025, worth a combined $871M — down 3.3% from $901M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SMMU positions and 12 closed out — a net gain of 10 holders — while 91 added to existing stakes and 53 trimmed.
The largest buyer was HighPoint Advisor Group, opening a new position worth an estimated $6.63M. The largest seller was Dynasty Wealth Management, exiting entirely with an estimated $40M sold.
- 185 institutional investors held PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) as of Q4 2025, up from 177 in Q3 2025.
- Funds reported $871M of PIMCO Short Term Municipal Bond Active Exchange-Traded Fund stock for Q4 2025, down 3.3% quarter-over-quarter.
- 22 funds opened new PIMCO Short Term Municipal Bond Active Exchange-Traded Fund positions in Q4 2025 and 12 closed out, a net change of +10 holders.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund buyer in Q4 2025 was HighPoint Advisor Group, an estimated $6.63M added.
- The largest PIMCO Short Term Municipal Bond Active Exchange-Traded Fund seller in Q4 2025 was Dynasty Wealth Management, an estimated $40M sold.
Based on aggregated 13F filings for Q4 2025.