Pimco California Municipal Income Fund II
PCK
PCK was delisted on the 1st of August, 2025.
55 hedge funds and large institutions have $55.6M invested in Pimco California Municipal Income Fund II in 2025 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 9 closing their positions.
10% more capital invested
Capital invested by funds: $50.6M → $55.6M (+$4.96M)
3.1% more ownership
Funds ownership: 27.44% → 30.53% (+3.1%)
7% less funds holding
Funds holding: 59 → 55 (-4)
21% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 19
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.9M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$1.29M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.19M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$866K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$864K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$497K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$201K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$196K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$173K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$158K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KAS
51
Kestra Advisory Services
Austin,
Texas
| $11.3K | +$11.5K | +2,000 | New |
|
|
CSC
52
Caldwell Sutter Capital
Sausalito,
California
| $6.87K | – | – | – |
|
|
NB
53
NBT Bank
Norwich,
New York
| $6.38K | – | – | – |
|
54
US Bancorp
Minneapolis,
Minnesota
| $1.69K | – | – | – |
|
55
Comerica Bank
Dallas,
Texas
| $79 | +$81 | +14 | New |
|
|
56
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$173K | -30,241 | Closed |
|
|
SVCP
57
Silicon Valley Capital Partners
San Jose,
California
| – | -$134K | -23,404 | Closed |
|
|
HF
58
HRT Financial
New York
| – | -$133K | -23,399 | Closed |
|
|
AA
59
AQR Arbitrage
Greenwich,
Connecticut
| – | -$109K | -19,021 | Closed |
|
|
TSS
60
Two Sigma Securities
New York
| – | -$80.9K | -14,138 | Closed |
|
61
Citadel Advisors
Miami,
Florida
| – | -$75K | -13,120 | Closed |
|
|
VF
62
Virtu Financial
New York
| – | -$70K | -12,313 | Closed |
|
|
DRP
63
Decker Retirement Planning
Levi,
Utah
| – | -$12.6K | -2,200 | Closed |
|
|
FIA
64
FNY Investment Advisers
New York
| – | -$3K | -600 | Closed |
|
PCK Hedge Fund Activity: Q1 2025 in Review
55 of the 7,464 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund II (PCK) for Q1 2025, worth a combined $55.6M — up 9.8% from $50.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PCK and 5 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 15 added.
The largest buyer was Saba Capital Management, adding an estimated $1.9M. The largest seller was Guggenheim Capital, cutting an estimated $497K.
- 55 institutional investors held Pimco California Municipal Income Fund II (PCK) as of Q1 2025, down from 59 in Q4 2024.
- Funds reported $55.6M of Pimco California Municipal Income Fund II stock for Q1 2025, up 9.8% quarter-over-quarter.
- 5 funds opened new Pimco California Municipal Income Fund II positions in Q1 2025 and 9 closed out, a net change of -4 holders.
- The largest Pimco California Municipal Income Fund II buyer in Q1 2025 was Saba Capital Management, an estimated $1.9M added.
- The largest Pimco California Municipal Income Fund II seller in Q1 2025 was Guggenheim Capital, an estimated $497K sold.
Based on aggregated 13F filings for Q1 2025.