Vault-13

PIMCO ETF TR MUNI

INTER MUN BD ACT · ETP · CUSIP 72201R866

383 institutional holders +22 vs Q2 2025
35,331,80335.3m shares reported held*
$1.8bnreported value*
39 new 183 added 109 reduced 15 sold out net bought ≈ $200.4m (+3.8m 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 ($3.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.15.

Trends to Q3 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: 361Q3 25: 383383Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025383

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 23: 150 bought or addedQ4 23: 87 cut or sold outQ1 24: 134 bought or addedQ1 24: 101 cut or sold outQ1 24Q2 24: 153 bought or addedQ2 24: 89 cut or sold outQ3 24: 157 bought or addedQ3 24: 102 cut or sold outQ3 24Q4 24: 177 bought or addedQ4 24: 102 cut or sold outQ1 25: 184 bought or addedQ1 25: 124 cut or sold outQ1 25Q2 25: 204 bought or addedQ2 25: 122 cut or sold outQ3 25: 222 bought or addedQ3 25: 124 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 202315087
Q1 2024134101
Q2 202415389
Q3 2024157102
Q4 2024177102
Q1 2025184124
Q2 2025204122
Q3 2025222124

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ4 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 0.00Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$0$0—
Q1 2025$0$0—
Q2 2025$493.1k$00.00
Q3 2025$0$0—

Biggest buyers

JPMORGAN CHASE & CO Added +1,318,769+1.3m
BANK OF AMERICA CORP /DE/ Added +457,446+457.4k
Thrivent Financial for Lutherans Added +364,578+364.6k
MORGAN STANLEY Added +238,682+238.7k
Lido Advisors, LLC New +219,418+219.4k
LPL Financial LLC Added +189,413+189.4k
PACES FERRY WEALTH ADVISORS, LLC New +128,341+128.3k
Cetera Investment Advisers Added +124,996+125.0k
WELLS FARGO & COMPANY/MN Added +105,322+105.3k
Sequoia Financial Advisors, LLC Added +98,803+98.8k

Biggest sellers

Kestra Investment Management, LLC Reduced -300,929-300.9k
XML Financial, LLC Reduced -201,123-201.1k
Dynasty Wealth Management, LLC Reduced -188,485-188.5k
ROYAL BANK OF CANADA Reduced -175,266-175.3k
MML INVESTORS SERVICES, LLC Reduced -145,799-145.8k
True North Advisors, LLC Sold out -141,748-141.7k
JANE STREET GROUP, LLC Reduced -120,608-120.6k
WCG Wealth Advisors LLC Reduced -74,306-74.3k
Cerity Partners LLC Reduced -49,278-49.3k
UBS Group AG Reduced -47,501-47.5k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,973,6473.0m $155.5m $155.5m 0.01% Added +238.7k +238,682
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,794,5012.8m $146.1m $146.1m 0.01% Added +457.4k +457,446
3 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,487,6982.5m $130.1m $130.1m 0.00% Added +1.3m +1,318,769
4 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,809,7981.8m $94.6m $94.6m 0.02% Added +105.3k +105,322
5 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,738,4251.7m $90.9m $90.9m 0.03% Added +189.4k +189,413
6 CWM, LLC 0.14% of their portfolio OMAHA, NE 866,272866.3k $45.3m $45.3m 0.14% Added +39.4k +39,410
7 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 748,950749.0k $39.2m $39.2m 0.01% Added +63.3k +63,347
8 Dynasty Wealth Management, LLC 0.51% of their portfolio ST. PETERSBURG, FL 737,363737.4k $38.5m $38.5m 0.51% Reduced -188.5k -188,485
9 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 730,829730.8k $38.2m $38.2m 0.04% Added +125.0k +124,996
10 Focus Partners Wealth 0.05% of their portfolio ST LOUIS, MO 610,803610.8k $31.9m $31.9m 0.05% Added +62.9k +62,909
11 UBS Group AG 0.01% of their portfolio ZURICH, V8 564,895564.9k $29.5m $29.5m 0.01% Reduced -47.5k -47,501
12 Stonebridge Financial Group, LLC 2.52% of their portfolio Wormleysburg, PA 548,239548.2k $28.7m $28.7m 2.52% Added +15.8k +15,837
13 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 531,160531.2k $27.8m $27.8m 0.01% Added +34.6k +34,627
14 MBL Wealth, LLC 2.02% of their portfolio CHARLOTTE, NC 442,115442.1k $23.1m $23.1m 2.02% Added +8.1k +8,135
15 NewEdge Advisors, LLC 0.10% of their portfolio NEW ORLEANS, LA 440,622440.6k $23.0m $23.0m 0.10% Added +21.6k +21,607
16 Capital Analysts, LLC 0.62% of their portfolio FORT WASHINGTON, PA 404,832404.8k $21.2m $21.2m 0.62% Added +7.9k +7,861
17 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 400,935400.9k $21.0m $21.0m 0.04% Added +364.6k +364,578
18 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 380,571380.6k $19.9m $19.9m 0.02% Added +85.3k +85,348
19 SAGESPRING WEALTH PARTNERS, LLC 0.36% of their portfolio FRANKLIN, TN 347,384347.4k $18.2m $18.2m 0.36% Added +21.0k +20,988
20 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 324,105324.1k $16.9m $16.9m 0.02% Added +65.9k +65,948
21 DAVIS R M INC 0.28% of their portfolio PORTLAND, ME 310,198310.2k $16.2m $16.2m 0.28% Reduced -5.2k -5,155
22 Austin Wealth Management, LLC 2.51% of their portfolio Austin, TX 303,076303.1k $16.0m $16.0m 2.51% Added +5.0k +5,029
23 Quotient Wealth Partners, LLC 0.43% of their portfolio DALLAS, TX 302,932302.9k $15.8m $15.8m 0.43% Reduced -15 -15
24 Larson Financial Group LLC 0.55% of their portfolio ST LOUIS, MO 301,024301.0k $15.7m $15.7m 0.55% Added +81.6k +81,575
25 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 276,313276.3k $14.4m $14.4m 0.02% Added +71.5k +71,532
26 WCG Wealth Advisors LLC 0.83% of their portfolio LAS VEGAS, NV 253,170253.2k $13.2m $13.2m 0.83% Reduced -74.3k -74,306
27 Avantax Planning Partners, Inc. 0.37% of their portfolio DUBUQUE, IA 247,831247.8k $13.0m $13.0m 0.37% Reduced -11.1k -11,141
28 Rehmann Capital Advisory Group 0.43% of their portfolio LANSING, MI 236,798236.8k $7.8m $7.8m 0.43% Reduced -13.6k -13,626
29 BAILARD, INC. 0.27% of their portfolio Foster City, CA 234,205234.2k $12.2m $12.2m 0.27% Reduced -6.6k -6,640
30 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 229,742229.7k $12.0m $12.0m 0.02% Reduced -850 -850
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 224,548224.5k $11.7m $11.7m 0.00% Reduced -175.3k -175,266
32 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 219,449219.4k $11.5m $11.5m 0.01% Added +50.7k +50,696
33 Lido Advisors, LLC 0.05% of their portfolio Los Angeles, CA 219,418219.4k $11.5m $11.5m 0.05% New
34 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 208,200208.2k $10.9m $10.9m 0.01% Added +84.2k +84,200
35 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 201,212201.2k $10.5m $10.5m 0.03% Reduced -4.3k -4,349
36 Clearstead Advisors, LLC 0.15% of their portfolio CLEVELAND, OH 192,766192.8k $10.1m $10.1m 0.15% Added +62.3k +62,290
37 Wealth Alliance Advisory Group, LLC 1.80% of their portfolio Wichita, KS 191,195191.2k $10.0m $10.0m 1.80% Reduced -4.6k -4,587
38 Crestmont Private Wealth LLC 3.18% of their portfolio HOUSTON, TX 184,032184.0k $9.6m $9.6m 3.18% Added +3.0k +3,036
39 Altura Wealth Advisors Inc. 4.57% of their portfolio SANTA CLARA, CA 183,689183.7k $9.6m $9.6m 4.57% Reduced -16.5k -16,532
40 Beacon Pointe Advisors, LLC 0.08% of their portfolio NEWPORT BEACH, CA 182,900182.9k $9.6m $9.6m 0.08% Added +11.5k +11,507
41 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 180,344180.3k $9.4m $9.4m 0.03% Reduced -145.8k -145,799
42 Morton Brown Family Wealth, LLC 2.67% of their portfolio ALLENTOWN, PA 177,723177.7k $9.3m $9.3m 2.67% Reduced -15.0k -15,007
43 Kestra Investment Management, LLC 0.25% of their portfolio AUSTIN, TX 176,894176.9k $9.2m $9.2m 0.25% Reduced -300.9k -300,929
44 Shotwell Rutter Baer Inc 5.65% of their portfolio LANSING, MI 167,307167.3k $8.8m $8.8m 5.65% Added +7.4k +7,431
45 Goelzer Investment Management, Inc. 0.41% of their portfolio CARMEL, IN 147,179147.2k $7.7m $7.7m 0.41% Reduced -24.2k -24,198
46 MAI Capital Management 0.05% of their portfolio INDEPENDENCE, OH 146,728146.7k $7.7m $7.7m 0.05% Reduced -4.5k -4,506
47 XY Planning Network, Inc. 2.51% of their portfolio BOZEMAN, MT 143,504143.5k $7.4m $7.4m 2.51% Unchanged
48 Bleakley Financial Group, LLC 0.17% of their portfolio PARSIPPANY, NJ 137,783137.8k $7.2m $7.2m 0.17% Added +74.5k +74,548
49 TD Capital Management LLC 0.64% of their portfolio MEMPHIS, TN 136,781136.8k $7.2m $7.2m 0.64% Added +5.7k +5,738
50 KEYVANTAGE WEALTH, LLC 2.97% of their portfolio BETHLEHEM, PA 135,649135.6k $7.1m $7.1m 2.97% Added +1.5k +1,487
51 ERn Financial, LLC 1.33% of their portfolio MIDDLETON, WI 128,661128.7k $6.7m $6.7m 1.33% Added +11.3k +11,293
52 PACES FERRY WEALTH ADVISORS, LLC 2.79% of their portfolio ATLANTA, GA 128,341128.3k $6.7m $6.7m 2.79% New
53 Equita Financial Network, Inc. 2.27% of their portfolio FORT WASHINGTON, PA 128,184128.2k $6.7m $6.7m 2.27% Added +1.6k +1,635
54 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 121,842121.8k $6.4m $6.4m 0.00% Added +23.8k +23,814
55 Allworth Financial LP 0.03% of their portfolio FOLSOM, CA 116,644116.6k $6.1m $6.1m 0.03% Reduced -1.9k -1,940
56 Fermata Advisors, LLC 1.54% of their portfolio SONOMA, CA 116,171116.2k $6.1m $6.1m 1.54% Reduced -2.9k -2,940
57 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 114,070114.1k $6.0m $6.0m 0.01% Reduced -49.3k -49,278
58 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 113,676113.7k $5.9m $5.9m 0.00% Added +11.9k +11,861
59 Sequoia Financial Advisors, LLC 0.04% of their portfolio Akron, OH 112,919112.9k $5.9m $5.9m 0.04% Added +98.8k +98,803
60 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 111,204111.2k $5.8m $5.8m 0.00% Added +76.1k +76,124
61 Prosperity Consulting Group, LLC 0.28% of their portfolio OWINGS MILLS, MD 110,506110.5k $5.8m $5.8m 0.28% Added +20.5k +20,522
62 Newman Dignan & Sheerar, Inc. 1.22% of their portfolio PROVIDENCE, RI 108,175108.2k $5.7m $5.7m 1.22% Added +40.9k +40,890
63 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 106,713106.7k $5.6m $5.6m 0.01% Added +3.0k +2,974
64 GENESIS PRIVATE WEALTH, LLC 2.33% of their portfolio ASHBURN, VA 106,011106.0k $5.5m $5.5m 2.33% Added +7.5k +7,537
65 Financial Synergies Wealth Advisors, Inc. 0.56% of their portfolio HOUSTON, TX 105,445105.4k $5.5m $5.5m 0.56% Added +371 +371
66 Avant Financial Advisors LLC 4.07% of their portfolio AUSTIN, TX 103,264103.3k $5.4m $5.4m 4.07% Added +62.8k +62,833
67 Integrated Wealth Concepts LLC 0.05% of their portfolio WALTHAM, MA 102,975103.0k $5.4m $5.4m 0.05% Added +16.4k +16,384
68 Forvis Mazars Wealth Advisors, LLC 0.10% of their portfolio Springfield, MO 100,819100.8k $5.3m $5.3m 0.10% Added +17.6k +17,644
69 Certified Advisory Corp 0.49% of their portfolio ALTAMONTE SPRINGS, FL 99,15399.2k $5.2m $5.2m 0.49% Added +70.2k +70,188
70 Flagstone Financial Management 1.36% of their portfolio LINCOLN, NE 98,47498.5k $5.1m $5.1m 1.36% Reduced -9.7k -9,685
71 Mariner, LLC 0.01% of their portfolio Overland Park, KS 94,53594.5k $4.9m $4.9m 0.01% Added +53.6k +53,597
72 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 90,43790.4k $4.7m $4.7m 0.04% Reduced -18.5k -18,457
73 TruWealth Advisors, LLC 0.24% of their portfolio Metairie, LA 90,38590.4k $4.7m $4.7m 0.24% New
74 FOSTER & MOTLEY INC 0.25% of their portfolio CINCINNATI, OH 90,02890.0k $4.7m $4.7m 0.25% Added +23.1k +23,090
75 BCS Wealth Management 1.04% of their portfolio JOHNSON CITY, TN 88,12688.1k $4.6m $4.6m 1.04% Reduced -5.8k -5,779
76 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 86,25686.3k $4.5m $4.5m 0.01% Added +43.0k +43,009
77 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 85,99986.0k $4.5m $4.5m 0.03% Added +7.7k +7,727
78 STEPH & CO 1.36% of their portfolio MARINETTE, WI 85,22785.2k $4.5m $4.5m 1.36% Reduced -15.6k -15,604
79 Atlantic Union Bankshares Corp 0.08% of their portfolio GLEN ALLEN, VA 84,38884.4k $4.4m $4.4m 0.08% Added +16.6k +16,578
80 Kingsview Wealth Management, LLC 0.07% of their portfolio GRANTS PASS, OR 82,38782.4k $4.3m $4.3m 0.07% Unchanged
81 McKinley Carter Wealth Services, Inc. 0.23% of their portfolio WHEELING, WV 82,27882.3k $4.3m $4.3m 0.23% Added +1.3k +1,294
82 Vestmark Advisory Solutions, Inc. 0.08% of their portfolio Wakefield, MA 79,42979.4k $4.2m $4.2m 0.08% Added +43.1k +43,085
83 WNY Asset Management, LLC 0.40% of their portfolio Williamsville, NY 78,45178.5k $4.1m $4.1m 0.40% Added +42.4k +42,448
84 Kelman-Lazarov, Inc. 0.59% of their portfolio MEMPHIS, TN 76,11876.1k $4.0m $4.0m 0.59% Reduced -2.9k -2,854
85 OPTIMUM INVESTMENT ADVISORS 1.56% of their portfolio Chicago, IL 75,22375.2k $3.9m $3.9m 1.56% Unchanged
86 VestGen Advisors, LLC 0.13% of their portfolio CHICAGO, IL 75,22375.2k $3.9m $3.9m 0.13% New
87 BRANDYWINE OAK PRIVATE WEALTH LLC 0.34% of their portfolio Kennett Square, PA 75,01175.0k $3.9m $3.9m 0.34% Reduced -2.9k -2,927
88 Belpointe Asset Management LLC 0.15% of their portfolio RENO, NV 74,80474.8k $3.9m $3.9m 0.15% Added +15.9k +15,912
89 OLD MISSION CAPITAL LLC 0.14% of their portfolio CHICAGO, IL 72,47372.5k $3.8m $3.8m 0.14% Added +51.2k +51,233
90 Benchmark Financial Wealth Advisors, LLC 1.14% of their portfolio BOCA RATON, FL 72,23772.2k $3.8m $3.8m 1.14% Reduced -10.7k -10,728
91 Sand Hill Global Advisors, LLC 0.12% of their portfolio Palo Alto, CA 66,41866.4k $3.5m $3.5m 0.12% Added +25 +25
92 Paulson Wealth Management Inc. 0.81% of their portfolio West Palm Beach, FL 65,59065.6k $3.4m $3.4m 0.81% Added +28.1k +28,071
93 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 64,58564.6k $3.4m $3.4m 0.02% Added +7.5k +7,531
94 Fortis Capital Advisors, LLC 0.52% of their portfolio PRAIRIE VILLAGE, KS 63,25463.3k $3.3m $3.3m 0.52% Added +4.4k +4,362
95 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 63,14863.1k $3.3m $3.3m 0.01% Added +39.7k +39,731
96 Arrowroot Family Office, LLC 1.31% of their portfolio MARINA DEL REY, CA 61,41261.4k $3.2m $3.2m 1.31% Added +3.8k +3,758
97 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 60,94160.9k $3.2m $3.2m 0.01% Added +9.5k +9,537
98 Elyxium Wealth, LLC 1.11% of their portfolio BEVERLY HILLS, CA 60,86460.9k $3.2m $3.2m 1.11% Added +10.1k +10,128
99 CarsonAllaria Wealth Management, Ltd. 1.64% of their portfolio GLEN CARBON, IL 60,37760.4k $3.2m $3.2m 1.64% Reduced -416 -416
100 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 60,05860.1k $3.1m $3.1m 0.00% Added +20.7k +20,679