MUNI β€” PIMCO ETF TR

Ownership history in PRINCIPAL SECURITIES, INC.  Β·  8 quarters on record

This page tracks every 13F SEC filing in which PRINCIPAL SECURITIES, INC. reported a position in PIMCO ETF TR (MUNI). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

Position Intelligence

PRINCIPAL SECURITIES, INC. Γ— MUNI AI Analytics

πŸ“‰ PRINCIPAL SECURITIES, INC. underperformed the S&P 500 by –15.0% annually on this MUNI position. Timing score: 80% (4/5 decisions correct). Average cost basis: $50.40. Maximum drawdown during holding period: –1.2%.

πŸ“ˆ Position Alpha vs SPY
-15.0%
annualised excess return

❌ Significantly underperformed the S&P 500 by 15.0% ann.
6 quarters analyzed

⏱️ Timing Score
80%

🎯 Smart timing β€” consistently buying dips and trimming near peaks.
4 of 5 add/trim decisions correct

πŸ’° Entry Quality
$50.40
+2.0% vs current ($51.43)

Best entry: $49.05 (2024 Q1)  Β·  Worst: $51.43 (2025 Q3)

πŸ›‘οΈ Drawdown Resilience
–1.2%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
100%
buy-side decisions

7 adds Β· 0 trims. Bought during 1 of 1 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.0% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    MUNI price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 8 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 ADDED 2,747 +113 +4.3% 0.00% $144K $51.43
2025 Q2 ADDED 2,634 +271 +11.5% 0.00% $135K $50.11
2025 Q1 UNCHANGED 2,363 β€” 0% 0.00% $122K $49.88
2024 Q4 ADDED 2,363 +21 +0.9% 0.00% $122K $49.79
2024 Q3 ADDED 2,342 +1,512 +182.2% 0.00% $124K $50.42
2024 Q2 ADDED 830 +38 +4.8% 0.00% $43K $49.11
2024 Q1 ADDED 792 +6 +0.8% 0.00% $42K $49.05
2023 Q4 INITIATED 786 β€” β€” 0.00% $41K β€”
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