Vault-13

PIMCO ETF TR MUNI

INTER MUN BD ACT · ETP · CUSIP 72201R866

437 institutional holders +23 vs Q4 2025
41,809,57741.8m shares reported held*
$2.2bnreported value*
47 new 223 added 101 reduced 23 sold out net bought ≈ $201.5m (+3.3m 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 ($4.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.88. Options: 2 managers hold calls ($1.0m notional), 0 hold puts (—).

Trends to Q1 2026

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: 414Q1 26: 437437Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q1 2026437

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 25Q4 25: 246 bought or addedQ4 25: 121 cut or sold outQ1 26: 270 bought or addedQ1 26: 124 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202415389
Q3 2024157102
Q4 2024177102
Q1 2025184124
Q2 2025204122
Q3 2025222124
Q4 2025246121
Q1 2026270124

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ2 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 —Q1 26 calls: $1.0mQ1 26 puts: $0Q1 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2025$493.1k$00.00
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$1.0m$00.00

Biggest buyers

MORGAN STANLEY Added +558,697+558.7k
BANK OF AMERICA CORP /DE/ Added +488,943+488.9k
ENVESTNET ASSET MANAGEMENT INC Added +470,073+470.1k
WELLS FARGO & COMPANY/MN Added +431,810+431.8k
JANE STREET GROUP, LLC Added +220,356+220.4k
LPL Financial LLC Added +206,246+206.2k
Independent Advisor Alliance New +189,528+189.5k
UBS Group AG Added +126,654+126.7k
Wealth Alliance Advisory Group, LLC Added +110,003+110.0k
JONES FINANCIAL COMPANIES LLLP Added +99,788+99.8k

Biggest sellers

Focus Partners Wealth Reduced -602,900-602.9k
Corient Private Wealth LP Reduced -118,904-118.9k
SAGESPRING WEALTH PARTNERS, LLC Reduced -116,162-116.2k
Lido Advisors, LLC Reduced -113,798-113.8k
JPMORGAN CHASE & CO Reduced -104,367-104.4k
OSAIC HOLDINGS, INC. Reduced -101,468-101.5k
Cerity Partners LLC Reduced -100,967-101.0k
BCS Wealth Management Reduced -83,404-83.4k
Austin Wealth Management, LLC Reduced -57,481-57.5k
CITADEL ADVISORS LLC Reduced -53,018-53.0k

Biggest calls

CITADEL ADVISORS LLC New $782.9k15.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $229.6k4.4k shares

Biggest puts

None

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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 3,690,6093.7m $192.6m $192.6m 0.01% Added +488.9k +488,943
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,541,0613.5m $184.8m $184.8m 0.01% Added +558.7k +558,697
3 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,490,0462.5m $130.0m $130.0m 0.03% Added +431.8k +431,810
4 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 2,231,2842.2m $116.5m $116.5m 0.03% Added +206.2k +206,246
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,106,2311.1m $57.6m $57.6m 0.00% Reduced -104.4k -104,367
6 CWM, LLC 0.14% of their portfolio OMAHA, NE 993,470993.5k $51.8m $51.8m 0.14% Added +70.8k +70,761
7 WCG Wealth Advisors LLC 1.41% of their portfolio LAS VEGAS, NV 962,779962.8k $50.2m $50.2m 1.41% Added +98.2k +98,234
8 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 909,683909.7k $47.5m $47.5m 0.01% Added +470.1k +470,073
9 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 788,422788.4k $41.1m $41.1m 0.04% Added +53.6k +53,626
10 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 751,573751.6k $39.2m $39.2m 0.01% Added +97.6k +97,620
11 UBS Group AG 0.01% of their portfolio ZURICH, V8 707,667707.7k $36.9m $36.9m 0.01% Added +126.7k +126,654
12 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 625,140625.1k $32.6m $32.6m 0.03% Added +49.7k +49,730
13 Thrivent Financial for Lutherans 0.06% of their portfolio Minneapolis, MN 615,698615.7k $32.1m $32.1m 0.06% Reduced -15.7k -15,681
14 Stonebridge Financial Group, LLC 2.61% of their portfolio Wormleysburg, PA 607,773607.8k $31.7m $31.7m 2.61% Added +28.2k +28,241
15 Dynasty Wealth Management, LLC 0.27% of their portfolio ST. PETERSBURG, FL 592,190592.2k $30.9m $30.9m 0.27% Reduced -35.3k -35,289
16 NewEdge Advisors, LLC 0.10% of their portfolio NEW ORLEANS, LA 511,255511.3k $26.7m $26.7m 0.10% Reduced -19.8k -19,814
17 MBL Wealth, LLC 1.88% of their portfolio CHARLOTTE, NC 475,823475.8k $24.8m $24.8m 1.88% Added +20.2k +20,230
18 Capital Analysts, LLC 0.59% of their portfolio FORT WASHINGTON, PA 429,414429.4k $22.4m $22.4m 0.59% Added +5.2k +5,246
19 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 427,760427.8k $22.3m $22.3m 0.02% Added +25.6k +25,650
20 Larson Financial Group LLC 0.69% of their portfolio ST LOUIS, MO 410,236410.2k $21.4m $21.4m 0.69% Added +57.9k +57,928
21 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 354,182354.2k $18.5m $18.5m 0.00% Added +1.3k +1,258
22 Quotient Wealth Partners, LLC 0.47% of their portfolio DALLAS, TX 345,489345.5k $18.0m $18.0m 0.47% Added +21.4k +21,361
23 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 337,850337.9k $17.6m $17.6m 0.02% Added +23.8k +23,778
24 DAVIS R M INC 0.31% of their portfolio PORTLAND, ME 334,459334.5k $17.5m $17.5m 0.31% Added +792 +792
25 Wealth Alliance Advisory Group, LLC 2.48% of their portfolio Wichita, KS 300,458300.5k $15.7m $15.7m 2.48% Added +110.0k +110,003
26 PW ADVISORS, LLC \ FL 11.21% of their portfolio TALLAHASSEE, FL 286,702286.7k $15.0m $15.0m 11.21% Added +20.7k +20,735
27 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 281,033281.0k $14.7m $14.7m 0.02% Reduced -101.5k -101,468
28 Clearstead Advisors, LLC 0.13% of their portfolio CLEVELAND, OH 273,221273.2k $14.3m $14.3m 0.13% Added +39.0k +38,960
29 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 264,783264.8k $13.8m $13.8m 0.01% Added +99.8k +99,788
30 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 256,963257.0k $13.4m $13.4m 0.01% Added +220.4k +220,356
31 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 255,872255.9k $13.4m $13.4m 0.02% Added +10.3k +10,330
32 Austin Wealth Management, LLC 2.89% of their portfolio Austin, TX 243,938243.9k $12.7m $12.7m 2.89% Reduced -57.5k -57,481
33 Benchmark Financial Wealth Advisors, LLC 3.27% of their portfolio BOCA RATON, FL 226,526226.5k $11.8m $11.8m 3.27% Added +87.5k +87,451
34 XY Planning Network, Inc. 1.81% of their portfolio BOZEMAN, MT 216,985217.0k $11.3m $11.3m 1.81% Added +29.7k +29,733
35 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 216,955217.0k $11.3m $11.3m 0.01% Added +79.5k +79,484
36 Avantax Planning Partners, Inc. 0.31% of their portfolio DUBUQUE, IA 215,876215.9k $11.3m $11.3m 0.31% Reduced -12.2k -12,237
37 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 209,552209.6k $10.9m $10.9m 0.03% Added +2.8k +2,808
38 Beacon Pointe Advisors, LLC 0.06% of their portfolio NEWPORT BEACH, CA 201,269201.3k $10.5m $10.5m 0.06% Added +16.1k +16,124
39 Crestmont Private Wealth LLC 3.30% of their portfolio HOUSTON, TX 200,394200.4k $10.5m $10.5m 3.30% Added +7.5k +7,457
40 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 191,633191.6k $10.0m $10.0m 0.03% Reduced -5.2k -5,201
41 BAILARD, INC. 0.23% of their portfolio Foster City, CA 190,635190.6k $9.9m $9.9m 0.23% Reduced -40.3k -40,255
42 Independent Advisor Alliance 0.11% of their portfolio CHARLOTTE, NC 189,528189.5k $9.9m $9.9m 0.11% New
43 Kestra Investment Management, LLC 0.17% of their portfolio AUSTIN, TX 188,886188.9k $9.9m $9.9m 0.17% Reduced -39.0k -39,033
44 SAGESPRING WEALTH PARTNERS, LLC 0.17% of their portfolio FRANKLIN, TN 181,843181.8k $9.5m $9.5m 0.17% Reduced -116.2k -116,162
45 Prosperity Consulting Group, LLC 0.42% of their portfolio OWINGS MILLS, MD 180,745180.7k $9.4m $9.4m 0.42% Added +23.4k +23,409
46 Morton Brown Family Wealth, LLC 2.49% of their portfolio ALLENTOWN, PA 180,642180.6k $9.4m $9.4m 2.49% Added +10.5k +10,466
47 Dakota Wealth Management 0.20% of their portfolio PALM BEACH GARDENS, FL 177,853177.9k $9.3m $9.3m 0.20% Added +16.9k +16,894
48 Altura Wealth Advisors Inc. 3.94% of their portfolio SANTA CLARA, CA 172,955173.0k $9.0m $9.0m 3.94% Reduced -10.0k -10,014
49 MAI Capital Management 0.05% of their portfolio INDEPENDENCE, OH 166,602166.6k $8.7m $8.7m 0.05% Added +11.3k +11,289
50 Flagstone Financial Management 2.15% of their portfolio LINCOLN, NE 166,076166.1k $8.7m $8.7m 2.15% Added +50.4k +50,363
51 Rehmann Capital Advisory Group 0.42% of their portfolio LANSING, MI 155,892155.9k $8.1m $8.1m 0.42% Added +6.9k +6,890
52 TD Capital Management LLC 0.73% of their portfolio MEMPHIS, TN 155,686155.7k $8.1m $8.1m 0.73% Added +17.0k +16,958
53 Equita Financial Network, Inc. 2.41% of their portfolio FORT WASHINGTON, PA 146,845146.8k $7.7m $7.7m 2.41% Added +3.2k +3,250
54 Bleakley Financial Group, LLC 0.12% of their portfolio PARSIPPANY, NJ 143,525143.5k $7.5m $7.5m 0.12% Added +3.0k +2,969
55 FOSTER & MOTLEY INC 0.38% of their portfolio CINCINNATI, OH 141,690141.7k $7.4m $7.4m 0.38% Added +18.6k +18,596
56 Goelzer Investment Management, Inc. 0.36% of their portfolio CARMEL, IN 141,554141.6k $7.4m $7.4m 0.36% Reduced -1.9k -1,855
57 Atlantic Union Bankshares Corp 0.14% of their portfolio GLEN ALLEN, VA 139,504139.5k $7.3m $7.3m 0.14% Added +5.5k +5,512
58 Spartan Wealth Advisory Services LLC 0.63% of their portfolio BINGHAM FARMS, MI 139,100139.1k $7.3m $7.3m 0.63% First filing
59 Shotwell Rutter Baer Inc 4.26% of their portfolio LANSING, MI 138,816138.8k $7.2m $7.2m 4.26% Reduced -23.9k -23,884
60 McNamara Financial Services, Inc. 1.36% of their portfolio MARSHFIELD, MA 138,015138.0k $7.2m $7.2m 1.36% Added +2.0k +2,042
61 ERn Financial, LLC 1.33% of their portfolio MIDDLETON, WI 135,128135.1k $7.1m $7.1m 1.33% Added +4.8k +4,751
62 SAXON INTERESTS, INC. 2.32% of their portfolio HOUSTON, TX 128,573128.6k $6.7m $6.7m 2.32% Added +10.7k +10,744
63 Avant Financial Advisors LLC 4.70% of their portfolio AUSTIN, TX 127,965128.0k $6.7m $6.7m 4.70% Added +6.2k +6,235
64 Newman Dignan & Sheerar, Inc. 1.39% of their portfolio PROVIDENCE, RI 126,856126.9k $6.6m $6.6m 1.39% Added +8.3k +8,282
65 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 125,169125.2k $6.5m $6.5m 0.00% Added +72.0k +72,050
66 True North Advisors, LLC 0.73% of their portfolio Dallas, TX 122,045122.0k $6.4m $6.4m 0.73% Added +1.5k +1,496
67 Integrated Wealth Concepts LLC 0.05% of their portfolio WALTHAM, MA 121,431121.4k $6.3m $6.3m 0.05% Added +14.9k +14,868
68 Mariner, LLC 0.01% of their portfolio Overland Park, KS 121,026121.0k $6.3m $6.3m 0.01% Reduced -6.1k -6,089
69 KEYVANTAGE WEALTH, LLC 2.75% of their portfolio BETHLEHEM, PA 119,728119.7k $6.2m $6.2m 2.75% Reduced -16.0k -15,952
70 GENESIS PRIVATE WEALTH, LLC 1.93% of their portfolio ASHBURN, VA 117,410117.4k $6.1m $6.1m 1.93% Added +2.2k +2,168
71 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 116,272116.3k $6.1m $6.1m 0.04% Added +25.4k +25,439
72 Fermata Advisors, LLC 1.35% of their portfolio SONOMA, CA 114,683114.7k $6.0m $6.0m 1.35% Reduced -1.4k -1,393
73 Certified Advisory Corp 0.54% of their portfolio ALTAMONTE SPRINGS, FL 114,549114.5k $6.0m $6.0m 0.54% Added +8.6k +8,571
74 PACES FERRY WEALTH ADVISORS, LLC 2.49% of their portfolio ATLANTA, GA 114,350114.3k $6.0m $6.0m 2.49% Unchanged
75 Elyxium Wealth, LLC 1.90% of their portfolio BEVERLY HILLS, CA 113,584113.6k $5.9m $5.9m 1.90% Added +10.6k +10,557
76 Financial Synergies Wealth Advisors, Inc. 0.56% of their portfolio HOUSTON, TX 111,778111.8k $5.8m $5.8m 0.56% Added +5.8k +5,779
77 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 111,098111.1k $5.8m $5.8m 0.02% Added +4.9k +4,861
78 Lido Advisors, LLC 0.02% of their portfolio Los Angeles, CA 110,602110.6k $5.8m $5.8m 0.02% Reduced -113.8k -113,798
79 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 109,865109.9k $5.7m $5.7m 0.01% Reduced -101.0k -100,967
80 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 108,152108.2k $5.6m $5.6m 0.02% Reduced -4.2k -4,171
81 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 103,628103.6k $5.4m $5.4m 0.01% Reduced -2.4k -2,409
82 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 99,12699.1k $5.2m $5.2m 0.00% Reduced -3.1k -3,076
83 Sequoia Financial Advisors, LLC 0.03% of their portfolio Akron, OH 98,49498.5k $5.1m $5.1m 0.03% Reduced -7.2k -7,208
84 BCS Wealth Management 1.01% of their portfolio JOHNSON CITY, TN 94,55494.6k $4.9m $4.9m 1.01% Reduced -83.4k -83,404
85 TruWealth Advisors, LLC 0.23% of their portfolio Metairie, LA 92,98593.0k $4.9m $4.9m 0.23% Added +1.3k +1,344
86 Kelman-Lazarov, Inc. 0.67% of their portfolio MEMPHIS, TN 89,34789.3k $4.7m $4.7m 0.67% Added +7.4k +7,442
87 WNY Asset Management, LLC 0.46% of their portfolio Williamsville, NY 85,52685.5k $4.5m $4.5m 0.46% First filing
88 Legacy Private Trust Co. 0.27% of their portfolio NEENAH, WI 83,40683.4k $4.4m $4.4m 0.27% Added +36.7k +36,681
89 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 83,05383.1k $4.3m $4.3m 0.02% Added +3.0k +3,047
90 McKinley Carter Wealth Services, Inc. 0.25% of their portfolio WHEELING, WV 82,45882.5k $4.3m $4.3m 0.25% Reduced -3.2k -3,219
91 Smith Partners Wealth Management, LLC 3.81% of their portfolio GREENSBORO, NC 81,49581.5k $4.3m $4.3m 3.81% Added +39.6k +39,551
92 Kingsview Wealth Management, LLC 0.06% of their portfolio GRANTS PASS, OR 80,08880.1k $4.2m $4.2m 0.06% Reduced -3.2k -3,213
93 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 78,22778.2k $4.1m $4.1m 0.00% Added +15.2k +15,169
94 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 78,02678.0k $4.1m $4.1m 0.02% Added +77.9k +77,874
95 Forvis Mazars Wealth Advisors, LLC 0.08% of their portfolio Springfield, MO 77,77277.8k $4.1m $4.1m 0.08% Reduced -18 -18
96 Belpointe Asset Management LLC 0.14% of their portfolio RENO, NV 75,26375.3k $3.9m $3.9m 0.14% Added +5.0k +4,988
97 Fortis Capital Advisors, LLC 0.51% of their portfolio PRAIRIE VILLAGE, KS 75,26375.3k $3.9m $3.9m 0.51% Added +5.0k +4,988
98 BRANDYWINE OAK PRIVATE WEALTH LLC 0.32% of their portfolio Kennett Square, PA 73,13673.1k $3.8m $3.8m 0.32% Reduced -905 -905
99 Smartleaf Asset Management LLC 0.14% of their portfolio BOSTON, MA 72,54172.5k $3.8m $3.8m 0.14% Added +25.1k +25,108
100 VestGen Advisors, LLC 0.10% of their portfolio CHICAGO, IL 70,88870.9k $3.7m $3.7m 0.10% Reduced -1.1k -1,146