Pimco California Municipal Income Fund II
PCK
PCK was delisted on the 1st of August, 2025.
50 hedge funds and large institutions have $41.4M invested in Pimco California Municipal Income Fund II in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 9 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
0.21% more ownership
Funds ownership: 21.77% → 21.99% (+0.21%)
6% less funds holding
Funds holding: 53 → 50 (-3)
7% less capital invested
Capital invested by funds: $44.7M → $41.4M (-$3.34M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.8M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.19M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$572K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$531K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
+$347K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$4M |
| 2 |
Morgan Stanley
New York
|
-$1.75M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.24M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$710K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$288K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$221K | -38,129 | Closed |
|
|
RJFSA
52
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$171K | -29,403 | Closed |
|
|
EC
53
Elequin Capital
New York
| – | -$141K | -24,382 | Closed |
|
|
TWP
54
Tempus Wealth Planning
Irvine,
California
| – | -$78.7K | -13,577 | Closed |
|
|
WWM
55
Western Wealth Management
Golden,
Colorado
| – | -$75.3K | -12,975 | Closed |
|
56
Citadel Advisors
Miami,
Florida
| – | -$65K | -11,211 | Closed |
|
|
AC
57
Almitas Capital
Santa Monica,
California
| – | -$61.8K | -10,663 | Closed |
|
|
KAS
58
Kestra Advisory Services
Austin,
Texas
| – | -$4M | -2,000 | Closed |
|
59
Fidelity Investments
Boston,
Massachusetts
| – | -$6 | -1 | Closed |
|
PCK Hedge Fund Activity: Q1 2024 in Review
50 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund II (PCK) for Q1 2024, worth a combined $41.4M — down 7.5% from $44.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PCK and 6 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 18 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $1.8M. The largest seller was Kestra Advisory Services, exiting entirely with an estimated $4M sold.
- 50 institutional investors held Pimco California Municipal Income Fund II (PCK) as of Q1 2024, down from 53 in Q4 2023.
- Funds reported $41.4M of Pimco California Municipal Income Fund II stock for Q1 2024, down 7.5% quarter-over-quarter.
- 6 funds opened new Pimco California Municipal Income Fund II positions in Q1 2024 and 9 closed out, a net change of -3 holders.
- The largest Pimco California Municipal Income Fund II buyer in Q1 2024 was Saba Capital Management, an estimated $1.8M added.
- The largest Pimco California Municipal Income Fund II seller in Q1 2024 was Kestra Advisory Services, an estimated $4M sold.
Based on aggregated 13F filings for Q1 2024.