Vault-13

PIMCO ETF TR MUNI

INTER MUN BD ACT · ETP · CUSIP 72201R866

361 institutional holders +25 vs Q1 2025
31,822,37331.8m shares reported held*
$1.6bnreported value*
42 new 162 added 106 reduced 16 sold out net bought ≈ $113.4m (+2.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.36. Options: 1 managers hold calls ($493.1k notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 172Q4 22: 205Q1 23: 218Q2 23: 218Q3 23: 222Q4 23: 265Q1 24: 263Q2 24: 283Q3 24: 291Q4 24: 336Q1 25: 336Q2 25: 361361Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022172
Q4 2022205
Q1 2023218
Q2 2023218
Q3 2023222
Q4 2023265
Q1 2024263
Q2 2024283
Q3 2024291
Q4 2024336
Q1 2025336
Q2 2025361

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q3 23: 117 bought or addedQ3 23: 88 cut or sold outQ4 23: 150 bought or addedQ4 23: 87 cut or sold outQ4 23Q1 24: 134 bought or addedQ1 24: 101 cut or sold outQ2 24: 153 bought or addedQ2 24: 89 cut or sold outQ2 24Q3 24: 157 bought or addedQ3 24: 102 cut or sold outQ4 24: 177 bought or addedQ4 24: 102 cut or sold outQ4 24Q1 25: 184 bought or addedQ1 25: 124 cut or sold outQ2 25: 204 bought or addedQ2 25: 122 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202311788
Q4 202315087
Q1 2024134101
Q2 202415389
Q3 2024157102
Q4 2024177102
Q1 2025184124
Q2 2025204122

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600kQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $493.1kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$0$0—
Q2 2025$493.1k$00.00

Biggest buyers

MORGAN STANLEY Added +699,502+699.5k
WELLS FARGO & COMPANY/MN Added +296,819+296.8k
ENVESTNET ASSET MANAGEMENT INC Added +294,872+294.9k
ROYAL BANK OF CANADA Added +240,132+240.1k
Austin Wealth Management, LLC Added +221,958+222.0k
Altura Wealth Advisors Inc. New +200,221+200.2k
BANK OF AMERICA CORP /DE/ Added +185,579+185.6k
Crestmont Private Wealth LLC New +180,996+181.0k
LPL Financial LLC Added +171,960+172.0k
Beacon Pointe Advisors, LLC Added +158,691+158.7k

Biggest sellers

CWM, LLC Reduced -771,449-771.4k
JPMORGAN CHASE & CO Reduced -489,957-490.0k
Thrivent Financial for Lutherans Reduced -362,063-362.1k
SAGESPRING WEALTH PARTNERS, LLC Reduced -246,046-246.0k
Kestra Investment Management, LLC Reduced -136,069-136.1k
Stonebridge Financial Group, LLC Reduced -133,287-133.3k
WCG Wealth Advisors LLC Reduced -88,385-88.4k
OSAIC HOLDINGS, INC. Reduced -88,223-88.2k
Biltmore Wealth Management, LLC Reduced -67,896-67.9k
Sand Hill Global Advisors, LLC Reduced -55,969-56.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $493.1k9.6k shares

Biggest puts

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,734,9652.7m $140.5m $140.5m 0.01% Added +699.5k +699,502
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,337,0552.3m $120.0m $120.0m 0.01% Added +185.6k +185,579
3 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,704,4761.7m $87.5m $87.5m 0.02% Added +296.8k +296,819
4 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,549,0121.5m $79.6m $79.6m 0.03% Added +172.0k +171,960
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,168,9291.2m $60.0m $60.0m 0.00% Reduced -490.0k -489,957
6 Dynasty Wealth Management, LLC 0.81% of their portfolio ST. PETERSBURG, FL 925,848925.8k $47.6m $47.6m 0.81% Reduced -8.5k -8,547
7 CWM, LLC 0.15% of their portfolio OMAHA, NE 826,862826.9k $42.5m $42.5m 0.15% Reduced -771.4k -771,449
8 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 685,603685.6k $35.2m $35.2m 0.01% Added +294.9k +294,872
9 UBS Group AG 0.01% of their portfolio ZURICH, V8 612,396612.4k $31.5m $31.5m 0.01% Reduced -33.1k -33,052
10 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 605,833605.8k $31.1m $31.1m 0.05% Added +153.4k +153,367
11 Focus Partners Wealth 0.06% of their portfolio ST LOUIS, MO 547,894547.9k $28.1m $28.1m 0.06% Added +12.0k +12,042
12 Stonebridge Financial Group, LLC 2.66% of their portfolio Wormleysburg, PA 532,402532.4k $27.3m $27.3m 2.66% Reduced -133.3k -133,287
13 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 496,533496.5k $25.5m $25.5m 0.01% Added +38.7k +38,668
14 Kestra Investment Management, LLC 0.38% of their portfolio AUSTIN, TX 477,823477.8k $24.6m $24.6m 0.38% Reduced -136.1k -136,069
15 MBL Wealth, LLC 2.13% of their portfolio CHARLOTTE, NC 433,980434.0k $22.3m $22.3m 2.13% Added +1.4k +1,445
16 NewEdge Advisors, LLC 0.11% of their portfolio NEW ORLEANS, LA 419,015419.0k $21.5m $21.5m 0.11% Added +90.7k +90,749
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 399,814399.8k $20.5m $20.5m 0.00% Added +240.1k +240,132
18 Capital Analysts, LLC 0.68% of their portfolio FORT WASHINGTON, PA 396,971397.0k $20.4m $20.4m 0.68% Reduced -2.3k -2,313
19 WCG Wealth Advisors LLC 1.09% of their portfolio LAS VEGAS, NV 327,476327.5k $16.8m $16.8m 1.09% Reduced -88.4k -88,385
20 SAGESPRING WEALTH PARTNERS, LLC 0.36% of their portfolio FRANKLIN, TN 326,396326.4k $16.8m $16.8m 0.36% Reduced -246.0k -246,046
21 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 326,143326.1k $16.8m $16.8m 0.05% Added +79.1k +79,093
22 DAVIS R M INC 0.30% of their portfolio PORTLAND, ME 315,353315.4k $16.2m $16.2m 0.30% Added +12.4k +12,410
23 Quotient Wealth Partners, LLC 0.46% of their portfolio DALLAS, TX 302,947302.9k $15.6m $15.6m 0.46% Added +14.5k +14,481
24 Austin Wealth Management, LLC 2.71% of their portfolio Austin, TX 298,047298.0k $15.2m $15.2m 2.71% Added +222.0k +221,958
25 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 295,223295.2k $15.2m $15.2m 0.02% Added +45.2k +45,222
26 Avantax Planning Partners, Inc. 0.42% of their portfolio DUBUQUE, IA 258,972259.0k $13.3m $13.3m 0.42% Reduced -10.1k -10,135
27 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 258,157258.2k $13.3m $13.3m 0.02% Reduced -88.2k -88,223
28 Rehmann Capital Advisory Group 0.78% of their portfolio LANSING, MI 250,424250.4k $12.9m $12.9m 0.78% Added +139.4k +139,434
29 BAILARD, INC. 0.29% of their portfolio Foster City, CA 240,845240.8k $12.4m $12.4m 0.29% Added +89.6k +89,632
30 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 230,592230.6k $11.8m $11.8m 0.02% Added +36.6k +36,574
31 XML Financial, LLC 1.01% of their portfolio BETHESDA, MD 227,148227.1k $11.7m $11.7m 1.01% Reduced -2.2k -2,224
32 Larson Financial Group LLC 0.45% of their portfolio ST LOUIS, MO 219,449219.4k $11.3m $11.3m 0.45% Added +106.4k +106,430
33 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 205,561205.6k $10.6m $10.6m 0.03% Reduced -11.0k -10,973
34 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 204,781204.8k $10.5m $10.5m 0.01% Added +51.0k +50,952
35 Altura Wealth Advisors Inc. 5.75% of their portfolio SANTA CLARA, CA 200,221200.2k $10.3m $10.3m 5.75% New
36 Wealth Alliance Advisory Group, LLC 1.91% of their portfolio Wichita, KS 195,782195.8k $10.1m $10.1m 1.91% Reduced -829 -829
37 Morton Brown Family Wealth, LLC 3.01% of their portfolio ALLENTOWN, PA 192,730192.7k $9.9m $9.9m 3.01% Added +23.6k +23,625
38 Crestmont Private Wealth LLC 3.36% of their portfolio HOUSTON, TX 180,996181.0k $9.3m $9.3m 3.36% New
39 Beacon Pointe Advisors, LLC 0.09% of their portfolio NEWPORT BEACH, CA 171,393171.4k $8.8m $8.8m 0.09% Added +158.7k +158,691
40 Goelzer Investment Management, Inc. 0.48% of their portfolio CARMEL, IN 171,377171.4k $8.8m $8.8m 0.48% Reduced -43.4k -43,368
41 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 168,753168.8k $8.7m $8.7m 0.01% Added +4.5k +4,528
42 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 163,348163.3k $8.4m $8.4m 0.01% Added +42.2k +42,216
43 Shotwell Rutter Baer Inc 5.57% of their portfolio LANSING, MI 159,876159.9k $8.2m $8.2m 5.57% Added +55.2k +55,233
44 MAI Capital Management 0.05% of their portfolio INDEPENDENCE, OH 151,234151.2k $7.8m $7.8m 0.05% Reduced -18.5k -18,530
45 XY Planning Network, Inc. 2.51% of their portfolio BOZEMAN, MT 143,504143.5k $7.4m $7.4m 2.51% Added +554 +554
46 True North Advisors, LLC 1.40% of their portfolio Dallas, TX 141,748141.7k $7.3m $7.3m 1.40% Added +11.0k +10,961
47 KEYVANTAGE WEALTH, LLC 3.09% of their portfolio BETHLEHEM, PA 134,162134.2k $6.9m $6.9m 3.09% Reduced -731 -731
48 TD Capital Management LLC 0.64% of their portfolio MEMPHIS, TN 131,043131.0k $6.7m $6.7m 0.64% Added +3.8k +3,761
49 Clearstead Advisors, LLC 0.09% of their portfolio CLEVELAND, OH 130,476130.5k $6.7m $6.7m 0.09% Added +128.6k +128,553
50 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 129,175129.2k $6.6m $6.6m 0.01% New
51 Equita Financial Network, Inc. 2.59% of their portfolio FORT WASHINGTON, PA 126,549126.5k $6.5m $6.5m 2.59% Reduced -33.3k -33,282
52 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 124,000124.0k $6.4m $6.4m 0.01% Added +104.2k +104,200
53 Fermata Advisors, LLC 1.63% of their portfolio SONOMA, CA 119,111119.1k $6.1m $6.1m 1.63% Reduced -39.8k -39,768
54 Allworth Financial LP 0.03% of their portfolio FOLSOM, CA 118,584118.6k $6.1m $6.1m 0.03% Added +5.6k +5,561
55 ERn Financial, LLC 1.27% of their portfolio MIDDLETON, WI 117,368117.4k $6.0m $6.0m 1.27% Added +54.7k +54,674
56 OLYMPUS WEALTH MANAGEMENT, LLC 1.88% of their portfolio COTTONWOOD HEIGHTS, UT 109,046109.0k $5.6m $5.6m 1.88% Added +3.1k +3,122
57 Orion Porfolio Solutions, LLC 0.05% of their portfolio OMAHA, NE 108,894108.9k $5.6m $5.6m 0.05% Reduced -12.1k -12,060
58 Flagstone Financial Management 1.59% of their portfolio LINCOLN, NE 108,159108.2k $5.6m $5.6m 1.59% Added +16.0k +15,958
59 Financial Synergies Wealth Advisors, Inc. 0.59% of their portfolio HOUSTON, TX 105,074105.1k $5.4m $5.4m 0.59% Reduced -646 -646
60 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 103,739103.7k $5.3m $5.3m 0.01% Added +21.6k +21,582
61 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 101,815101.8k $5.2m $5.2m 0.00% Reduced -5.1k -5,087
62 STEPH & CO 1.68% of their portfolio MARINETTE, WI 100,831100.8k $5.2m $5.2m 1.68% Added +21.7k +21,731
63 GENESIS PRIVATE WEALTH, LLC 2.38% of their portfolio ASHBURN, VA 98,47498.5k $5.1m $5.1m 2.38% Added +3.3k +3,291
64 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 98,02898.0k $5.0m $5.0m 0.00% Added +12.8k +12,808
65 BCS Wealth Management 1.04% of their portfolio JOHNSON CITY, TN 93,90593.9k $4.8m $4.8m 1.04% Reduced -31.7k -31,664
66 StoneX Group Inc. 0.23% of their portfolio NEW YORK, NY 93,33693.3k $4.8m $4.8m 0.23% Reduced -24.2k -24,245
67 Prosperity Consulting Group, LLC 0.34% of their portfolio OWINGS MILLS, MD 89,98490.0k $4.6m $4.6m 0.34% Added +31.0k +30,960
68 Martin Worley Group 2.24% of their portfolio COTTONWOOD HEIGHTS, UT 89,06589.1k $4.6m $4.6m 2.24% Added +239 +239
69 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 86,59186.6k $4.4m $4.4m 0.04% Reduced -17.9k -17,922
70 Visionary Wealth Advisors 0.22% of their portfolio O'FALLON, IL 85,36485.4k $4.4m $4.4m 0.22% Added +2.0k +2,005
71 Forvis Mazars Wealth Advisors, LLC 0.09% of their portfolio Springfield, MO 83,17583.2k $4.3m $4.3m 0.09% Reduced -2.7k -2,739
72 Benchmark Financial Wealth Advisors, LLC 1.41% of their portfolio BOCA RATON, FL 82,96583.0k $4.3m $4.3m 1.41% Added +8.7k +8,688
73 Kingsview Wealth Management, LLC 0.07% of their portfolio GRANTS PASS, OR 82,38782.4k $4.2m $4.2m 0.07% Added +67.9k +67,907
74 McKinley Carter Wealth Services, Inc. 0.23% of their portfolio WHEELING, WV 80,98481.0k $4.2m $4.2m 0.23% Added +8.4k +8,403
75 Kelman-Lazarov, Inc. 0.66% of their portfolio MEMPHIS, TN 78,97279.0k $4.1m $4.1m 0.66% Reduced -11.1k -11,126
76 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 78,27278.3k $4.0m $4.0m 0.03% Added +23.2k +23,163
77 BRANDYWINE OAK PRIVATE WEALTH LLC 0.37% of their portfolio Kennett Square, PA 77,93877.9k $4.0m $4.0m 0.37% Added +52.8k +52,815
78 Cercano Management LLC 0.11% of their portfolio BELLEVUE, WA 77,03477.0k $4.0m $4.0m 0.11% Added +19.6k +19,551
79 OPTIMUM INVESTMENT ADVISORS 1.68% of their portfolio Chicago, IL 75,22375.2k $3.9m $3.9m 1.68% Unchanged
80 AVANTAX ADVISORY SERVICES, INC. 0.02% of their portfolio DALLAS, TX 70,13770.1k $3.6m $3.6m 0.02% Added +4.6k +4,615
81 Atlantic Union Bankshares Corp 0.08% of their portfolio GLEN ALLEN, VA 67,81067.8k $3.5m $3.5m 0.08% New
82 Newman Dignan & Sheerar, Inc. 0.79% of their portfolio PROVIDENCE, RI 67,28567.3k $3.5m $3.5m 0.79% New
83 FOSTER & MOTLEY INC 0.20% of their portfolio CINCINNATI, OH 66,93866.9k $3.4m $3.4m 0.20% Added +5.1k +5,120
84 Sand Hill Global Advisors, LLC 0.13% of their portfolio Palo Alto, CA 66,39366.4k $3.4m $3.4m 0.13% Reduced -56.0k -55,969
85 Bleakley Financial Group, LLC 0.08% of their portfolio PARSIPPANY, NJ 63,23563.2k $3.2m $3.2m 0.08% Reduced -1.6k -1,575
86 Paladin Advisory Group, LLC 2.39% of their portfolio CLIVE, IA 61,06561.1k $3.1m $3.1m 2.39% Added +9.2k +9,163
87 CarsonAllaria Wealth Management, Ltd. 1.67% of their portfolio GLEN CARBON, IL 60,79360.8k $3.1m $3.1m 1.67% Reduced -35.5k -35,457
88 Beacon Capital Management, Inc. 0.16% of their portfolio DAYTON, OH 60,00060.0k $3.1m $3.1m 0.16% Unchanged
89 Belpointe Asset Management LLC 0.13% of their portfolio RENO, NV 58,89258.9k $3.0m $3.0m 0.13% Added +43.5k +43,535
90 Fortis Capital Advisors, LLC 0.54% of their portfolio PRAIRIE VILLAGE, KS 58,89258.9k $3.0m $3.0m 0.54% Added +47.6k +47,638
91 PAX Financial Group, LLC 0.57% of their portfolio SAN ANTONIO, TX 58,31758.3k $3.0m $3.0m 0.57% Reduced -15.5k -15,462
92 Arrowroot Family Office, LLC 1.33% of their portfolio MARINA DEL REY, CA 57,65457.7k $3.0m $3.0m 1.33% First filing
93 First International Bank & Trust 1.03% of their portfolio WATFORD CITY, ND 57,49857.5k $3.0m $3.0m 1.03% Reduced -19.0k -18,980
94 Hanson & Doremus Investment Management 0.39% of their portfolio BURLINGTON, VT 57,37257.4k $2.9m $2.9m 0.39% Added +6.1k +6,113
95 SageView Advisory Group, LLC 0.11% of their portfolio Newport Beach, CA 57,23457.2k $2.9m $2.9m 0.11% Added +623 +623
96 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 57,05457.1k $2.9m $2.9m 0.02% Added +31.8k +31,774
97 Farther Finance Advisors, LLC 0.06% of their portfolio SAN FRANCISCO, CA 55,72755.7k $2.9m $2.9m 0.06% Added +13.9k +13,937
98 Stratos Wealth Partners, LTD. 0.04% of their portfolio BEACHWOOD, OH 55,56455.6k $2.9m $2.9m 0.04% Added +23.7k +23,727
99 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 53,48553.5k $2.7m $2.7m 0.02% Added +7.7k +7,653
100 Econ Financial Services Corp 1.38% of their portfolio HARRISBURG, PA 52,27252.3k $2.7m $2.7m 1.38% Added +9.6k +9,603