PIMCO Short Term Municipal Bond Active Exchange-Traded Fund (SMMU)

Market Cap: $622M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

55% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 40

36% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 11

3% more funds holding

Funds holding: 136 [Q1] → 140 (+4) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]

2% less capital invested

Capital invested by funds: $450M [Q1] → $441M (-$9.1M) [Q2]

586.09% less ownership

Funds ownership: 662.22% [Q1] → 76.13% (-586.09%) [Q2]