May was a good month for fund flows for WisdomTree's Luciano Siracusano and distribution folks at SEI. Morningstar markets research senior analyst Alina Lamy released the Chicago-based mutual fund ratings giant's "U.S. Asset Flows Update" for mutual funds for last month. The report is based in Morningstar's estimates of net flows for May 2015.

WisdomTree ranked fourth in net inflows, bringing in $1.698 billion, pushing its AUM up to $63 billion.

SEI came in fifth, bringing in $1.538 billion net, and total AUM reaching $89 billion.

Meanwhile, the top three net inflow winners were three of the biggest mutual fund shops in the business: Vanguard netted $15.968 billion, SSgA netted $2.578 billion, and BlackRock netted $1.756 billion.

Pimco once again topped the net outflows list, though relative to past months the fixed income giant's outflows continued to slow, this time by about half to $4.795 billion.

Invesco came in second, with net outflows of $2.891 billion when its PowerShares business is included while Artisan saw $2.809 billion in net outflows and Columbia Threadneedle lost a net $1.617 billion of AUM. OppenheimerFunds rounded out the top net outflows list at $1.379 billion.

Industrywide, it was money market funds that raked in the big dough, $32.171 billion net, versus $20.22 billion for long-term funds. Passive funds brought in $25.451 billion in net inflows and active funds suffered $5.231 billion in net outflows.

Dividing flows up by investing style, only U.S. equity funds ($11.949 billion in net ouflows), commodities funds ($1.557 billion), and municipal bond funds ($273 million) suffered net outflows. On the flip side, international equity was the big winner category with $24.012 billion in net inflows, followed by taxable bond funds ($5.9428 billion), alternative funds ($2.2052 billion), allocation funds ($1.566 billion), and sector equity ($544 million). 

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