Horizon Kinetics’s PIMCO California Municipal Income Fund III PZC Stock Holding History

Horizon Kinetics’s Portfolio PZC Stock Details PZC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-11,931	Closed	-$123K	–	518
2015 Q2	$123K	Hold	11,931	–	–	﹤0.01%	502
2015 Q1	$130K	Hold	11,931	–	–	﹤0.01%	503
2014 Q4	$128K	Hold	11,931	–	–	﹤0.01%	504
2014 Q3	$124K	Hold	11,931	–	–	﹤0.01%	501
2014 Q2	$126K	Hold	11,931	–	–	﹤0.01%	512
2014 Q1	$119K	Hold	11,931	–	–	﹤0.01%	517
2013 Q4	$110K	Hold	11,931	–	–	﹤0.01%	527
2013 Q3	$112K	Hold	11,931	–	–	﹤0.01%	524
2013 Q2	$121K	Buy	+11,931	New	+$128K	﹤0.01%	437

Other funds holding PZC

Guggenheim Capital Chicago, Illinois $12.9B AUM 27.3% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

FFA

First Foundation Advisors Irvine, California $2.48B AUM 18.56% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Commonwealth Equity Services Waltham, Massachusetts $71.6B AUM 21.08% 1-Year Est. Return

CWM

Concert Wealth Management San Jose, California $24.7M AUM 14.91% 1-Year Est. Return

HCM

Hollencrest Capital Management Newport Beach, California $2.7B AUM 23.62% 1-Year Est. Return

Horizon Kinetics's PZC Position: Q3 2015 in Review

Horizon Kinetics sold out of PIMCO California Municipal Income Fund III (PZC) in Q3 2015, closing a stake of 11,931 shares — an estimated $123K sold.

Horizon Kinetics first reported a position in PZC in Q2 2013 and held it in 9 quarters. The position peaked at $130K in Q1 2015. 15 funds tracked by Wall St. Rank hold PZC as of Q3 2015.

Horizon Kinetics reported no remaining PIMCO California Municipal Income Fund III position as of Q3 2015 after selling out during the quarter.
Horizon Kinetics sold 11,931 PIMCO California Municipal Income Fund III shares in Q3 2015, an estimated $123K.
Horizon Kinetics first reported a position in PIMCO California Municipal Income Fund III in Q2 2013 and held it in 9 quarters.
Horizon Kinetics's PIMCO California Municipal Income Fund III position peaked at $130K in Q1 2015.
15 funds tracked by Wall St. Rank held PIMCO California Municipal Income Fund III as of Q3 2015.

Based on Horizon Kinetics's 13F filing for Q3 2015, filed 13 Nov 2015.