Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Pimco ETF Tr (MUNI)

444 + Investors. Track Smart Money conviction in MUNI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +14
Streak
11Q ▲
Buyers last Q
66%

Smart Money Signals — MUNI

Based on 448 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added MUNI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
448 hedge funds hold MUNI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +27% more funds vs a year ago

fund count last 6Q
+95 new funds entered over the past year (+27% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 66% buying

277 buying143 selling
Last quarter: 277 funds were net buyers (42 opened a brand new position + 235 added to an existing one). Only 143 were sellers (115 trimmed + 28 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-12 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 45 → 62 → 54 → 42. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 28% medium ■ 23% new
221 out of 448 hedge funds have held MUNI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~42 new funds/quarter

48 → 45 → 62 → 54 → 42 new funds/Q
New funds entering each quarter: 45 → 62 → 54 → 42. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 49% veterans vs 31% newcomers

■ 49% veterans ■ 21% 1-2yr ■ 31% new
Entry-cohort mix of 449 holders: 218 (49%) are 2+ year veterans, 93 entered 1–2 years ago, and 138 (31%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
21 of 448 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in MUNI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — MUNI

In 2026 Q2, 277 hedge funds were net buyers of MUNI (42 opened a new position, 235 added to an existing one), while 143 reduced or exited (115 trimmed, 28 sold completely) — a 66% buyer ratio, indicating clear institutional accumulation. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 41% of total institutional value in MUNI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +14 funds (more new holders than closures). Total institutional holders: 448.

Hedge Fund Ownership: MUNI

How many hedge funds hold MUNI — quarterly history vs. share price
Quarterly hedge fund ownership of MUNI vs. share price

Market Analysis: MUNI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MUNI

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

11 top-rated funds 7 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
3.4
/ 10
conviction
Hedge Fund Positioning: MUNI
444 + Investors

Track Smart Money conviction in MUNI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 444 434 2.3%
13F Shares 46M 41M 13.0%
Total Value $2.33B $2.05B 13.65%
New Positions 42 54 -12
Increased Positions 235 220 +15
Closed Positions 32 28 +4
Reduced Positions 111 100 +11
Total Calls 1 2 -50.0%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: MUNI

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Institutional Holders (2026 Q2)

444 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MUNI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 MUNI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Pw Advisors, LLC \ Fl 11.15% 317,618 $16.7M
2 Smith Partners Wealth Management, LLC 6.65% 159,128 $8.4M
3 Avant Financial Advisors LLC 4.39% 133,893 $7.0M
4 Shotwell Rutter Baer Inc 3.89% 134,830 $7.1M
5 Crestmont Private Wealth LLC 3.13% 212,399 $11.2M
6 Altura Wealth Advisors Inc. 2.77% 156,043 $8.2M
7 Benchmark Financial Wealth Advisors, LLC 2.70% 208,454 $11.0M
8 Austin Wealth Management, LLC 2.55% 231,539 $12.1M
9 Stonebridge Financial Group, LLC 2.50% 627,231 $33.0M
10 Wealth Alliance Advisory Group, LLC 2.35% 309,065 $16.3M
11 Equita Financial Network, Inc. 2.29% 156,738 $8.2M
12 Morton Brown Family Wealth, LLC 2.26% 189,849 $10.0M
13 Paces Ferry Wealth Advisors, LLC 2.23% 114,350 $6.0M
14 Flagstone Financial Management 2.21% 187,771 $9.9M
15 Saxon Interests, INC. 1.99% 136,932 $7.2M
16 Goodwin Investment Advisory 1.97% 18,558 $976K
17 Genesis Private Wealth, LLC 1.87% 126,467 $6.7M
18 MBL Wealth, LLC 1.81% 505,308 $26.6M
19 WCG Wealth Advisors LLC 1.70% 1,359,631 $71.5M
20 Financial Discovery Group Inc 1.67% 14,888 $783K
21 Paladin Advisory Group, LLC 1.65% 47,365 $2.5M
22 Bridge Generations Wealth Management LLC 1.61% 59,878 $3.1M
23 Clarity Wealth Development LLC 1.56% 53,358 $2.8M
24 XY Planning Network, Inc. 1.55% 234,381 $12.3M
25 Certior Financial Group, LLC 1.50% 51,965 $2.7M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Pimco ETF Tr (MUNI)

What does the Smart Money Trend signal show for MUNI?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added MUNI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for MUNI?

More buyers than sellers — 66% buying: Last quarter: 277 funds were net buyers (42 opened a brand new position + 235 added to an existing one). Only 143 were sellers (115 trimmed + 28 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for MUNI holders?

Elite ownership — 41% AUM from top-100 funds: 21 of 448 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in MUNI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held MUNI?

49% of holders stayed for 2+ years: 221 out of 448 hedge funds have held MUNI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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