Vault-13

PIMCO ETF TR SMMU

SHTRM MUN BD ACT · ETP · CUSIP 72201R874

177 institutional holders +6 vs Q2 2025
18,805,35618.8m shares reported held*
$950.9mreported value*
21 new 74 added 62 reduced 12 sold out net bought ≈ $163.3m (+3.2m 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 ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $50.56.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 103Q4 22: 112Q1 23: 123Q2 23: 125Q3 23: 131Q4 23: 140Q1 24: 138Q2 24: 144Q3 24: 148Q4 24: 172Q1 25: 167Q2 25: 171Q3 25: 177177Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022103
Q4 2022112
Q1 2023123
Q2 2023125
Q3 2023131
Q4 2023140
Q1 2024138
Q2 2024144
Q3 2024148
Q4 2024172
Q1 2025167
Q2 2025171
Q3 2025177

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 66 bought or addedQ4 23: 58 cut or sold outQ1 24: 66 bought or addedQ1 24: 54 cut or sold outQ1 24Q2 24: 78 bought or addedQ2 24: 51 cut or sold outQ3 24: 76 bought or addedQ3 24: 60 cut or sold outQ3 24Q4 24: 82 bought or addedQ4 24: 52 cut or sold outQ1 25: 93 bought or addedQ1 25: 61 cut or sold outQ1 25Q2 25: 93 bought or addedQ2 25: 63 cut or sold outQ3 25: 95 bought or addedQ3 25: 74 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20236658
Q1 20246654
Q2 20247851
Q3 20247660
Q4 20248252
Q1 20259361
Q2 20259363
Q3 20259574

Biggest buyers

JPMORGAN CHASE & CO Added +1,024,276+1.0m
Dynasty Wealth Management, LLC New +791,572+791.6k
CAPTRUST FINANCIAL ADVISORS Added +432,791+432.8k
MORGAN STANLEY Added +349,554+349.6k
CWM, LLC Added +147,082+147.1k
RAYMOND JAMES FINANCIAL INC Added +95,504+95.5k
Integrated Wealth Concepts LLC Added +93,397+93.4k
Gateway Wealth Partners, LLC New +69,787+69.8k
FLOW TRADERS U.S. LLC New +54,781+54.8k
Cetera Investment Advisers Added +54,357+54.4k

Biggest sellers

SIGNET FINANCIAL MANAGEMENT, LLC Reduced -55,937-55.9k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -53,291-53.3k
JANE STREET GROUP, LLC Sold out -38,787-38.8k
Elequin Capital, LP Reduced -38,222-38.2k
Biltmore Wealth Management, LLC Reduced -31,645-31.6k
Rockefeller Capital Management L.P. Reduced -30,796-30.8k
NewEdge Advisors, LLC Reduced -27,664-27.7k
ABLE Financial Group, LLC Reduced -19,016-19.0k
Financial Advocates Investment Management Sold out -13,934-13.9k
SAGESPRING WEALTH PARTNERS, LLC Reduced -13,265-13.3k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,662,2803.7m $185.2m $185.2m 0.01% Added +349.6k +349,554
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,917,5701.9m $97.0m $97.0m 0.00% Added +1.0m +1,024,276
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,098,1961.1m $55.5m $55.5m 0.00% Added +45.6k +45,558
4 Stonebridge Financial Group, LLC 4.68% of their portfolio Wormleysburg, PA 1,051,1321.1m $53.2m $53.2m 4.68% Reduced -12.3k -12,345
5 CAPTRUST FINANCIAL ADVISORS 0.10% of their portfolio RALEIGH, NC 956,854956.9k $48.4m $48.4m 0.10% Added +432.8k +432,791
6 Dynasty Wealth Management, LLC 0.53% of their portfolio ST. PETERSBURG, FL 791,572791.6k $40.0m $40.0m 0.53% New
7 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 788,939788.9k $39.8m $39.8m 0.06% Reduced -53.3k -53,291
8 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 735,625735.6k $37.2m $37.2m 0.04% Added +54.4k +54,357
9 CWM, LLC 0.10% of their portfolio OMAHA, NE 687,468687.5k $34.8m $34.8m 0.10% Added +147.1k +147,082
10 SAGESPRING WEALTH PARTNERS, LLC 0.55% of their portfolio FRANKLIN, TN 558,429558.4k $28.2m $28.2m 0.55% Reduced -13.3k -13,265
11 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 460,820460.8k $23.3m $23.3m 0.01% Added +12.5k +12,503
12 Biltmore Wealth Management, LLC 7.69% of their portfolio TEMPE, AZ 398,373398.4k $20.1m $20.1m 7.69% Reduced -31.6k -31,645
13 TD Capital Management LLC 1.66% of their portfolio MEMPHIS, TN 364,346364.3k $18.4m $18.4m 1.66% Reduced -4.5k -4,463
14 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 301,616301.6k $15.3m $15.3m 0.02% Reduced -3.9k -3,929
15 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 288,131288.1k $14.6m $14.6m 0.00% Added +95.5k +95,504
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 267,713267.7k $13.5m $13.5m 0.00% Added +10.7k +10,680
17 CONDOR CAPITAL MANAGEMENT 1.08% of their portfolio MARTINSVILLE, NJ 259,392259.4k $13.1m $13.1m 1.08% Reduced -334 -334
18 Quotient Wealth Partners, LLC 0.20% of their portfolio DALLAS, TX 143,445143.4k $7.3m $7.3m 0.20% Reduced -2.5k -2,513
19 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 135,579135.6k $6.9m $6.9m 0.01% Added +19.6k +19,586
20 Kelman-Lazarov, Inc. 1.01% of their portfolio MEMPHIS, TN 134,812134.8k $6.8m $6.8m 1.01% Added +15.3k +15,348
21 WEBSTERROGERS FINANCIAL ADVISORS, LLC 2.02% of their portfolio FLORENCE, SC 132,968133.0k $6.7m $6.7m 2.02% Added +4.3k +4,308
22 Capital Asset Advisory Services LLC 0.26% of their portfolio Williamston, MI 117,588117.6k $5.9m $5.9m 0.26% Added +21.1k +21,129
23 AXXCESS WEALTH MANAGEMENT, LLC 0.13% of their portfolio CARLSBAD, CA 117,588117.6k $5.9m $5.9m 0.13% Added +20.7k +20,718
24 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 111,629111.6k $5.6m $5.6m 0.02% Added +13.7k +13,724
25 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 97,55397.6k $4.9m $4.9m 0.04% Added +93.4k +93,397
26 MAI Capital Management 0.03% of their portfolio INDEPENDENCE, OH 90,78990.8k $4.6m $4.6m 0.03% Reduced -119 -119
27 CarsonAllaria Wealth Management, Ltd. 2.38% of their portfolio GLEN CARBON, IL 90,47190.5k $4.6m $4.6m 2.38% Reduced -4.7k -4,721
28 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 90,27090.3k $4.6m $4.6m 0.00% Added +174 +174
29 Crumly & Associates Inc. 0.98% of their portfolio SPRINGFIELD, IL 88,45088.5k $4.5m $4.5m 0.98% Added +19.5k +19,468
30 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 73,20673.2k $3.7m $3.7m 0.01% Reduced -3.5k -3,486
31 DAVIS R M INC 0.06% of their portfolio PORTLAND, ME 72,51772.5k $3.7m $3.7m 0.06% Added +4.1k +4,147
32 LifeWealth Investments, LLC 0.54% of their portfolio WINTER GARDEN, FL 70,11270.1k $3.5m $3.5m 0.54% Unchanged
33 Gateway Wealth Partners, LLC 0.48% of their portfolio APPLETON, WI 69,78769.8k $3.5m $3.5m 0.48% New
34 Westside Investment Management, Inc. 0.56% of their portfolio SANTA MONICA, CA 69,62869.6k $3.5m $3.5m 0.56% Unchanged
35 UNIQUE WEALTH, LLC 0.50% of their portfolio TAMPA, FL 68,01668.0k $3.4m $3.4m 0.50% Reduced -1.9k -1,850
36 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 67,17967.2k $3.4m $3.4m 0.02% Reduced -27.7k -27,664
37 UBS Group AG 0.00% of their portfolio ZURICH, V8 66,92866.9k $3.4m $3.4m 0.00% Reduced -8.1k -8,063
38 MBM WEALTH CONSULTANTS, LLC 0.80% of their portfolio CHESTERFIELD, MO 64,07764.1k $3.2m $3.2m 0.80% Added +3.6k +3,595
39 Cedar Point Capital Partners, LLC 2.09% of their portfolio Cedar Rapids, IA 63,06363.1k $3.2m $3.2m 2.09% Added +1.1k +1,060
40 CFS Investment Advisory Services, LLC 0.23% of their portfolio TOTOWA, NJ 59,99760.0k $3.0m $3.0m 0.23% Reduced -165 -165
41 FLOW TRADERS U.S. LLC 0.11% of their portfolio NEW YORK, NY 54,78154.8k $2.8m $2.8m 0.11% New
42 ABLE Financial Group, LLC 0.59% of their portfolio SCOTTSDALE, AZ 53,43653.4k $2.7m $2.7m 0.59% Reduced -19.0k -19,016
43 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 50,73950.7k $2.6m $2.6m 0.00% Added +7.4k +7,416
44 Certified Advisory Corp 0.24% of their portfolio ALTAMONTE SPRINGS, FL 49,54749.5k $2.5m $2.5m 0.24% Added +2.5k +2,534
45 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 48,31648.3k $2.4m $2.4m 0.02% Reduced -1.7k -1,701
46 AIFG Consultants Ltd. 4.25% of their portfolio HALFMOON, NY 47,71247.7k $2.4m $2.4m 4.25% Added +5.4k +5,371
47 INSPIRION WEALTH ADVISORS, LLC 0.33% of their portfolio LIBERTYVILLE, IL 46,25846.3k $2.3m $2.3m 0.33% Added +5.5k +5,500
48 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 45,06645.1k $2.3m $2.3m 0.01% Added +18.0k +18,006
49 Ocean Park Asset Management, LLC 0.09% of their portfolio SANTA MONICA, CA 41,30041.3k $2.1m $2.1m 0.09% New
50 YHB Investment Advisors, Inc. 0.15% of their portfolio West Hartford, CT 40,04740.0k $2.0m $2.0m 0.15% Added +190 +190
51 PAX Financial Group, LLC 0.36% of their portfolio SAN ANTONIO, TX 39,88439.9k $2.0m $2.0m 0.36% Reduced -5.6k -5,558
52 Milestone Investment Advisors LLC 0.49% of their portfolio MIDDLETON, WI 38,64638.6k $2.0m $2.0m 0.49% Added +6.2k +6,169
53 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 38,26038.3k $1.9m $1.9m 0.00% Added +25.8k +25,820
54 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 36,79536.8k $1.9m $1.9m 0.01% Added +10.3k +10,255
55 SITTNER & NELSON, LLC 0.65% of their portfolio EUGENE, OR 35,29435.3k $1.8m $1.8m 0.65% Reduced -744 -744
56 Dynamic Advisor Solutions LLC 0.05% of their portfolio PHOENIX, AZ 35,13935.1k $1.8m $1.8m 0.05% Added +2.8k +2,817
57 GREAT VALLEY ADVISOR GROUP, INC. 0.04% of their portfolio WILMINGTON, DE 35,04035.0k $1.8m $1.8m 0.04% Reduced -4.7k -4,676
58 SIGNET FINANCIAL MANAGEMENT, LLC 0.20% of their portfolio PARSIPPANY, NJ 34,12034.1k $1.7m $1.7m 0.20% Reduced -55.9k -55,937
59 OneDigital Investment Advisors LLC 0.02% of their portfolio OVERLAND PARK, KS 32,58932.6k $1.6m $1.6m 0.02% Reduced -11.8k -11,846
60 Inspire Advisors, LLC 0.16% of their portfolio Meridian, ID 32,47932.5k $1.6m $1.6m 0.16% Added +1.1k +1,085
61 IAM Advisory, LLC 0.37% of their portfolio EASTON, PA 32,46332.5k $1.6m $1.6m 0.37% Added +209 +209
62 LongView Wealth Management 0.44% of their portfolio ATLANTA, GA 32,15432.2k $1.6m $1.6m 0.44% Added +3.0k +3,000
63 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 31,05231.1k $1.6m $1.6m 0.00% Reduced -11.2k -11,179
64 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 30,14230.1k $1.5m $1.5m 0.00% Reduced -30.8k -30,796
65 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 30,00130.0k $1.5m $1.5m 0.01% Added +13.5k +13,543
66 EHRLICH FINANCIAL GROUP 0.89% of their portfolio LAGUNA NIGUEL, CA 29,66029.7k $1.5m $1.5m 0.89% Reduced -1.0k -1,021
67 Summit Financial Strategies, Inc. 0.13% of their portfolio Columbus, OH 29,18529.2k $1.5m $1.5m 0.13% Added +4.9k +4,861
68 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 28,90928.9k $1.5m $1.5m 0.00% Added +3.3k +3,309
69 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 28,09428.1k $1.4m $1.4m 0.00% Reduced -689 -689
70 NewSquare Capital LLC 0.09% of their portfolio NEWTOWN SQUARE, PA 27,58627.6k $1.4m $1.4m 0.09% Added +1.4k +1,414
71 COMERICA BANK 0.01% of their portfolio DALLAS, TX 26,98527.0k $1.4m $1.4m 0.01% Added +327 +327
72 StoneCrest Wealth Management, Inc. 0.57% of their portfolio CHANDLER, AZ 25,71825.7k $1.3m $1.3m 0.57% Reduced -4.0k -4,003
73 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 25,10025.1k $1.3m $1.3m 0.00% Added +11.3k +11,319
74 Cyndeo Wealth Partners, LLC 0.07% of their portfolio ST. PETERSBURG, FL 25,05925.1k $1.3m $1.3m 0.07% Added +2.8k +2,811
75 Vestmark Advisory Solutions, Inc. 0.02% of their portfolio Wakefield, MA 24,60024.6k $1.2m $1.2m 0.02% New
76 ELEVATION POINT WEALTH PARTNERS, LLC 0.09% of their portfolio DENVER, CO 24,60024.6k $1.2m $1.2m 0.09% New
77 Premier Path Wealth Partners, LLC 0.16% of their portfolio MADISON, NJ 23,96324.0k $1.2m $1.2m 0.16% Reduced -11.8k -11,850
78 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 23,78323.8k $1.2m $1.2m 0.00% New
79 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 23,40423.4k $1.2m $1.2m 0.00% Added +1.2k +1,151
80 Skyline Advisors, Inc. 0.41% of their portfolio BELLINGHAM, WA 23,39523.4k $1.2m $1.2m 0.41% Reduced -2.0k -1,981
81 MBL Wealth, LLC 0.10% of their portfolio CHARLOTTE, NC 22,52222.5k $1.1m $1.1m 0.10% Added +100 +100
82 BCGM Wealth Management, LLC 0.29% of their portfolio LAFAYETTE, IN 22,11522.1k $1.1m $1.1m 0.29% Reduced -2.3k -2,257
83 Summit Financial, LLC 0.02% of their portfolio PARSIPPANY, NJ 21,19921.2k $1.1m $1.1m 0.02% New
84 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 20,28920.3k $1.0m $1.0m 0.00% Reduced -1.0k -1,040
85 Vise Technologies, Inc. 0.04% of their portfolio NEW YORK, NY 20,13420.1k $1.0m $1.0m 0.04% Added +14.5k +14,495
86 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 18,35818.4k $928.4k $928.4k 0.00% New
87 Prime Capital Investment Advisors, LLC 0.01% of their portfolio OVERLAND PARK, KS 17,98018.0k $909.2k $909.2k 0.01% Added +11.8k +11,805
88 FOUNDERS GROVE WEALTH PARTNERS, LLC 0.21% of their portfolio RICHMOND, VA 17,51117.5k $885.5k $885.5k 0.21% Reduced -2.5k -2,524
89 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 16,74516.7k $846.8k $846.8k 0.01% Reduced -3.2k -3,228
90 Oak Wealth Advisors LLC 0.47% of their portfolio NORTHBROOK, IL 16,12716.1k $815.5k $815.5k 0.47% Reduced -496 -496
91 Global Retirement Partners, LLC 0.02% of their portfolio San Rafael, CA 15,86515.9k $802.3k $802.3k 0.02% Reduced -460 -460
92 Golden State Wealth Management, LLC 0.09% of their portfolio SANTA ANA, CA 15,31115.3k $774.3k $774.3k 0.09% Added +279 +279
93 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 15,20815.2k $769.1k $769.1k 0.01% Added +70 +70
94 L.K. Benson & Company, P.C. 0.38% of their portfolio TIMONIUM, MD 14,06814.1k $711.4k $711.4k 0.38% Added +39 +39
95 SAGE RHINO CAPITAL LLC 0.14% of their portfolio MENLO PARK, CA 13,92713.9k $704.3k $704.3k 0.14% Added +348 +348
96 TITLEIST ASSET MANAGEMENT, LLC 0.06% of their portfolio SAN ANTONIO, TX 13,90413.9k $703.1k $703.1k 0.06% Added +32 +32
97 Beaird Harris Wealth Management, LLC 0.05% of their portfolio DALLAS, TX 13,49313.5k $682.4k $682.4k 0.05% Added +93 +93
98 Kooman & Associates 0.21% of their portfolio ALTOONA, PA 13,19613.2k $667.3k $667.3k 0.21% Added +696 +696
99 Bedel Financial Consulting, Inc. 0.09% of their portfolio INDIANAPOLIS, IN 13,18413.2k $666.7k $666.7k 0.09% Unchanged
100 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 12,91212.9k $653.0k $653.0k 0.00% Reduced -1.7k -1,732