Vault-13

PIMCO ETF TR MUNI

INTER MUN BD ACT · ETP · CUSIP 72201R866

414 institutional holders +31 vs Q3 2025
38,371,06938.4m shares reported held*
$2.0bnreported value*
45 new 201 added 100 reduced 21 sold out net bought ≈ $146.5m (+2.7m 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 ($2.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.43.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 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: 383Q4 25: 414414Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025414

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 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 25Q3 25: 222 bought or addedQ3 25: 124 cut or sold outQ4 25: 246 bought or addedQ4 25: 121 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024134101
Q2 202415389
Q3 2024157102
Q4 2024177102
Q1 2025184124
Q2 2025204122
Q3 2025222124
Q4 2025246121

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ1 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 —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$0$0—
Q2 2025$493.1k$00.00
Q3 2025$0$0—
Q4 2025$0$0—

Biggest buyers

WCG Wealth Advisors LLC Added +611,375+611.4k
BANK OF AMERICA CORP /DE/ Added +407,165+407.2k
LPL Financial LLC Added +286,613+286.6k
WELLS FARGO & COMPANY/MN Added +248,438+248.4k
Thrivent Financial for Lutherans Added +230,444+230.4k
HighTower Advisors, LLC Added +194,839+194.8k
STIFEL FINANCIAL CORP Added +182,661+182.7k
Dakota Wealth Management New +160,959+161.0k
McNamara Financial Services, Inc. Added +130,437+130.4k
ROYAL BANK OF CANADA Added +128,376+128.4k

Biggest sellers

JPMORGAN CHASE & CO Reduced -1,277,100-1.3m
ENVESTNET ASSET MANAGEMENT INC Reduced -309,340-309.3k
RENAISSANCE TECHNOLOGIES LLC Reduced -141,400-141.4k
Dynasty Wealth Management, LLC Reduced -109,884-109.9k
Rehmann Capital Advisory Group Reduced -87,796-87.8k
OLD MISSION CAPITAL LLC Sold out -72,473-72.5k
SAGESPRING WEALTH PARTNERS, LLC Reduced -49,379-49.4k
Vestmark Advisory Solutions, Inc. Reduced -43,148-43.1k
Sanctuary Advisors, LLC Reduced -32,795-32.8k
Elequin Capital, LP Reduced -28,241-28.2k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 3,201,6663.2m $167.8m $167.8m 0.01% Added +407.2k +407,165
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,982,3643.0m $156.3m $156.3m 0.01% Added +8.7k +8,717
3 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,058,2362.1m $107.9m $107.9m 0.02% Added +248.4k +248,438
4 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 2,025,0382.0m $106.1m $106.1m 0.03% Added +286.6k +286,613
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,210,5981.2m $63.4m $63.4m 0.00% Reduced -1.3m -1,277,100
6 CWM, LLC 0.13% of their portfolio OMAHA, NE 922,709922.7k $48.4m $48.4m 0.13% Added +56.4k +56,437
7 WCG Wealth Advisors LLC 1.27% of their portfolio LAS VEGAS, NV 864,545864.5k $45.3m $45.3m 1.27% Added +611.4k +611,375
8 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 734,796734.8k $38.5m $38.5m 0.04% Added +4.0k +3,967
9 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 653,953654.0k $34.3m $34.3m 0.01% Added +122.8k +122,793
10 Thrivent Financial for Lutherans 0.06% of their portfolio Minneapolis, MN 631,379631.4k $33.2m $33.2m 0.06% Added +230.4k +230,444
11 Dynasty Wealth Management, LLC 0.32% of their portfolio ST. PETERSBURG, FL 627,479627.5k $32.9m $32.9m 0.32% Reduced -109.9k -109,884
12 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 604,880604.9k $31.6m $31.6m 0.04% Reduced -5.9k -5,923
13 UBS Group AG 0.01% of their portfolio ZURICH, V8 581,013581.0k $30.5m $30.5m 0.01% Added +16.1k +16,118
14 Stonebridge Financial Group, LLC 2.59% of their portfolio Wormleysburg, PA 579,532579.5k $30.4m $30.4m 2.59% Added +31.3k +31,293
15 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 575,410575.4k $30.2m $30.2m 0.03% Added +194.8k +194,839
16 NewEdge Advisors, LLC 0.10% of their portfolio NEW ORLEANS, LA 531,069531.1k $27.8m $27.8m 0.10% Added +90.4k +90,447
17 MBL Wealth, LLC 1.92% of their portfolio CHARLOTTE, NC 455,593455.6k $23.9m $23.9m 1.92% Added +13.5k +13,478
18 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 439,610439.6k $23.0m $23.0m 0.01% Reduced -309.3k -309,340
19 Capital Analysts, LLC 0.62% of their portfolio FORT WASHINGTON, PA 424,168424.2k $22.2m $22.2m 0.62% Added +19.3k +19,336
20 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 402,110402.1k $21.1m $21.1m 0.02% Added +182.7k +182,661
21 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 382,501382.5k $20.1m $20.1m 0.03% Added +58.4k +58,396
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 352,924352.9k $18.5m $18.5m 0.00% Added +128.4k +128,376
23 Larson Financial Group LLC 0.62% of their portfolio ST LOUIS, MO 352,308352.3k $18.5m $18.5m 0.62% Added +51.3k +51,284
24 DAVIS R M INC 0.30% of their portfolio PORTLAND, ME 333,667333.7k $17.5m $17.5m 0.30% Added +23.5k +23,469
25 Quotient Wealth Partners, LLC 0.45% of their portfolio DALLAS, TX 324,128324.1k $17.0m $17.0m 0.45% Added +21.2k +21,196
26 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 314,072314.1k $16.5m $16.5m 0.02% Added +37.8k +37,759
27 Austin Wealth Management, LLC 2.35% of their portfolio Austin, TX 301,419301.4k $15.9m $15.9m 2.35% Reduced -1.7k -1,657
28 SAGESPRING WEALTH PARTNERS, LLC 0.28% of their portfolio FRANKLIN, TN 298,005298.0k $15.6m $15.6m 0.28% Reduced -49.4k -49,379
29 PW ADVISORS, LLC \ FL 11.19% of their portfolio TALLAHASSEE, FL 265,967266.0k $13.9m $13.9m 11.19% First filing
30 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 245,542245.5k $12.9m $12.9m 0.02% Added +15.8k +15,800
31 Clearstead Advisors, LLC 0.15% of their portfolio CLEVELAND, OH 234,261234.3k $12.3m $12.3m 0.15% Added +41.5k +41,495
32 BAILARD, INC. 0.27% of their portfolio Foster City, CA 230,890230.9k $12.1m $12.1m 0.27% Reduced -3.3k -3,315
33 Avantax Planning Partners, Inc. 0.33% of their portfolio DUBUQUE, IA 228,113228.1k $12.0m $12.0m 0.33% Reduced -19.7k -19,718
34 Kestra Investment Management, LLC 0.29% of their portfolio AUSTIN, TX 227,919227.9k $11.9m $11.9m 0.29% Added +51.0k +51,025
35 Lido Advisors, LLC 0.05% of their portfolio Los Angeles, CA 224,400224.4k $11.7m $11.7m 0.05% Added +5.0k +4,982
36 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 210,832210.8k $11.0m $11.0m 0.02% Added +96.8k +96,762
37 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 206,744206.7k $10.8m $10.8m 0.03% Added +5.5k +5,532
38 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 196,834196.8k $10.3m $10.3m 0.03% Added +16.5k +16,490
39 Crestmont Private Wealth LLC 3.29% of their portfolio HOUSTON, TX 192,937192.9k $10.1m $10.1m 3.29% Added +8.9k +8,905
40 Wealth Alliance Advisory Group, LLC 1.71% of their portfolio Wichita, KS 190,455190.5k $10.0m $10.0m 1.71% Reduced -740 -740
41 XY Planning Network, Inc. 1.71% of their portfolio BOZEMAN, MT 187,252187.3k $9.8m $9.8m 1.71% Added +43.7k +43,748
42 Beacon Pointe Advisors, LLC 0.07% of their portfolio NEWPORT BEACH, CA 185,145185.1k $9.7m $9.7m 0.07% Added +2.2k +2,245
43 Altura Wealth Advisors Inc. 4.13% of their portfolio SANTA CLARA, CA 182,969183.0k $9.6m $9.6m 4.13% Reduced -720 -720
44 BCS Wealth Management 0.94% of their portfolio JOHNSON CITY, TN 177,958178.0k $9.3m $9.3m 0.94% Added +89.8k +89,832
45 Morton Brown Family Wealth, LLC 2.43% of their portfolio ALLENTOWN, PA 170,176170.2k $8.9m $8.9m 2.43% Reduced -7.5k -7,547
46 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 164,995165.0k $8.6m $8.6m 0.01% Added +43.2k +43,153
47 Shotwell Rutter Baer Inc 5.15% of their portfolio LANSING, MI 162,700162.7k $8.6m $8.6m 5.15% Reduced -4.6k -4,607
48 Dakota Wealth Management 0.15% of their portfolio PALM BEACH GARDENS, FL 160,959161.0k $8.4m $8.4m 0.15% New
49 Prosperity Consulting Group, LLC 0.37% of their portfolio OWINGS MILLS, MD 157,336157.3k $8.2m $8.2m 0.37% Added +46.8k +46,830
50 MAI Capital Management 0.05% of their portfolio INDEPENDENCE, OH 155,313155.3k $8.1m $8.1m 0.05% Added +8.6k +8,585
51 Rehmann Capital Advisory Group 0.41% of their portfolio LANSING, MI 149,002149.0k $7.8m $7.8m 0.41% Reduced -87.8k -87,796
52 Equita Financial Network, Inc. 2.27% of their portfolio FORT WASHINGTON, PA 143,595143.6k $7.5m $7.5m 2.27% Added +15.4k +15,411
53 Goelzer Investment Management, Inc. 0.35% of their portfolio CARMEL, IN 143,409143.4k $7.5m $7.5m 0.35% Reduced -3.8k -3,770
54 Bleakley Financial Group, LLC 0.13% of their portfolio PARSIPPANY, NJ 140,556140.6k $7.4m $7.4m 0.13% Added +2.8k +2,773
55 Benchmark Financial Wealth Advisors, LLC 2.09% of their portfolio BOCA RATON, FL 139,075139.1k $7.3m $7.3m 2.09% Added +66.8k +66,838
56 TD Capital Management LLC 0.65% of their portfolio MEMPHIS, TN 138,728138.7k $7.3m $7.3m 0.65% Added +1.9k +1,947
57 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 137,471137.5k $7.2m $7.2m 0.00% Added +26.3k +26,267
58 McNamara Financial Services, Inc. 1.35% of their portfolio MARSHFIELD, MA 135,973136.0k $7.1m $7.1m 1.35% Added +130.4k +130,437
59 KEYVANTAGE WEALTH, LLC 3.04% of their portfolio BETHLEHEM, PA 135,680135.7k $7.1m $7.1m 3.04% Added +31 +31
60 Atlantic Union Bankshares Corp 0.13% of their portfolio GLEN ALLEN, VA 133,992134.0k $7.0m $7.0m 0.13% Added +49.6k +49,604
61 ERn Financial, LLC 1.28% of their portfolio MIDDLETON, WI 130,377130.4k $6.8m $6.8m 1.28% Added +1.7k +1,716
62 Mariner, LLC 0.01% of their portfolio Overland Park, KS 127,115127.1k $6.7m $6.7m 0.01% Added +32.6k +32,580
63 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 127,090127.1k $6.7m $6.7m 0.00% Added +67.8k +67,815
64 FOSTER & MOTLEY INC 0.34% of their portfolio CINCINNATI, OH 123,094123.1k $6.5m $6.5m 0.34% Added +33.1k +33,066
65 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 122,343122.3k $6.4m $6.4m 0.00% Added +72.1k +72,082
66 Avant Financial Advisors LLC 4.59% of their portfolio AUSTIN, TX 121,730121.7k $6.4m $6.4m 4.59% Added +18.5k +18,466
67 True North Advisors, LLC 0.82% of their portfolio Dallas, TX 120,549120.5k $6.3m $6.3m 0.82% New
68 Newman Dignan & Sheerar, Inc. 1.30% of their portfolio PROVIDENCE, RI 118,574118.6k $6.2m $6.2m 1.30% Added +10.4k +10,399
69 SAXON INTERESTS, INC. 2.18% of their portfolio HOUSTON, TX 117,829117.8k $6.2m $6.2m 2.18% Added +95.4k +95,360
70 Fermata Advisors, LLC 1.46% of their portfolio SONOMA, CA 116,076116.1k $6.1m $6.1m 1.46% Reduced -95 -95
71 Flagstone Financial Management 1.56% of their portfolio LINCOLN, NE 115,713115.7k $6.1m $6.1m 1.56% Added +17.2k +17,239
72 GENESIS PRIVATE WEALTH, LLC 1.87% of their portfolio ASHBURN, VA 115,242115.2k $6.0m $6.0m 1.87% Added +9.2k +9,231
73 PACES FERRY WEALTH ADVISORS, LLC 2.43% of their portfolio ATLANTA, GA 114,350114.3k $6.0m $6.0m 2.43% Reduced -14.0k -13,991
74 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 112,323112.3k $5.9m $5.9m 0.02% Reduced -4.3k -4,321
75 Integrated Wealth Concepts LLC 0.07% of their portfolio WALTHAM, MA 106,563106.6k $5.6m $5.6m 0.07% Added +3.6k +3,588
76 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 106,237106.2k $5.6m $5.6m 0.02% Added +45.3k +45,296
77 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 106,037106.0k $5.6m $5.6m 0.01% Reduced -676 -676
78 Financial Synergies Wealth Advisors, Inc. 0.54% of their portfolio HOUSTON, TX 105,999106.0k $5.6m $5.6m 0.54% Added +554 +554
79 Certified Advisory Corp 0.51% of their portfolio ALTAMONTE SPRINGS, FL 105,978106.0k $5.6m $5.6m 0.51% Added +6.8k +6,825
80 Sequoia Financial Advisors, LLC 0.03% of their portfolio Akron, OH 105,702105.7k $5.5m $5.5m 0.03% Reduced -7.2k -7,217
81 Elyxium Wealth, LLC 1.50% of their portfolio BEVERLY HILLS, CA 103,027103.0k $5.4m $5.4m 1.50% Added +42.2k +42,163
82 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 102,202102.2k $5.4m $5.4m 0.00% Reduced -11.5k -11,474
83 TruWealth Advisors, LLC 0.23% of their portfolio Metairie, LA 91,64191.6k $4.8m $4.8m 0.23% Added +1.3k +1,256
84 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 90,83390.8k $4.8m $4.8m 0.03% Added +4.8k +4,834
85 McKinley Carter Wealth Services, Inc. 0.25% of their portfolio WHEELING, WV 85,67785.7k $4.5m $4.5m 0.25% Added +3.4k +3,399
86 STEPH & CO 1.29% of their portfolio MARINETTE, WI 85,64485.6k $4.5m $4.5m 1.29% Added +417 +417
87 Kingsview Wealth Management, LLC 0.06% of their portfolio GRANTS PASS, OR 83,30183.3k $4.4m $4.4m 0.06% Added +914 +914
88 Kelman-Lazarov, Inc. 0.61% of their portfolio MEMPHIS, TN 81,90581.9k $4.3m $4.3m 0.61% Added +5.8k +5,787
89 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 80,00680.0k $4.2m $4.2m 0.02% Added +15.4k +15,421
90 Forvis Mazars Wealth Advisors, LLC 0.08% of their portfolio Springfield, MO 77,79077.8k $4.1m $4.1m 0.08% Reduced -23.0k -23,029
91 Stratos Wealth Partners, LTD. 0.04% of their portfolio BEACHWOOD, OH 75,23075.2k $3.9m $3.9m 0.04% Added +19.8k +19,764
92 BRANDYWINE OAK PRIVATE WEALTH LLC 0.33% of their portfolio Kennett Square, PA 74,04174.0k $3.9m $3.9m 0.33% Reduced -970 -970
93 VestGen Advisors, LLC 0.16% of their portfolio CHICAGO, IL 72,03472.0k $3.8m $3.8m 0.16% Reduced -3.2k -3,189
94 Belpointe Asset Management LLC 0.13% of their portfolio RENO, NV 70,27570.3k $3.7m $3.7m 0.13% Reduced -4.5k -4,529
95 Fortis Capital Advisors, LLC 0.54% of their portfolio PRAIRIE VILLAGE, KS 70,27570.3k $3.7m $3.7m 0.54% Added +7.0k +7,021
96 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 68,89268.9k $3.6m $3.6m 0.03% Reduced -21.5k -21,545
97 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 66,80066.8k $3.5m $3.5m 0.01% Reduced -141.4k -141,400
98 Sand Hill Global Advisors, LLC 0.12% of their portfolio Palo Alto, CA 66,41866.4k $3.5m $3.5m 0.12% Unchanged
99 PAX Financial Group, LLC 0.59% of their portfolio SAN ANTONIO, TX 65,68665.7k $3.4m $3.4m 0.59% Added +10.2k +10,187
100 Paulson Wealth Management Inc. 0.77% of their portfolio West Palm Beach, FL 63,99564.0k $3.4m $3.4m 0.77% Reduced -1.6k -1,595