Pimco California Municipal Income Fund
PCQ
27 hedge funds and large institutions have $15.6M invested in Pimco California Municipal Income Fund in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 4 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
17% more funds holding
Funds holding: 23 → 27 (+4)
0.35% more ownership
Funds ownership: 5.05% → 5.4% (+0.35%)
1% less capital invested
Capital invested by funds: $15.8M → $15.6M (-$215K)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $8K | -$6.35K | -406 | -45% |
|
27
Northern Trust
Chicago,
Illinois
| $2K | +$235K | +15,000 | New |
|
28
Invesco
Atlanta,
Georgia
| – | -$963K | -57,343 | Closed |
|
|
GKWIM
29
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
| – | -$385K | -22,955 | Closed |
|
|
VKH
30
Virtu KCG Holdings
New York
| – | -$346K | -20,579 | Closed |
|
|
SB
31
Suntrust Banks
Atlanta,
Georgia
| – | -$266K | -15,865 | Closed |
|
PCQ Hedge Fund Activity: Q4 2016 in Review
27 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q4 2016, worth a combined $15.6M — down 1.4% from $15.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PCQ positions and 4 closed out — a net gain of 4 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Tiedemann Advisors, opening a new position worth an estimated $1.14M. The largest seller was Invesco, exiting entirely with an estimated $963K sold.
- 27 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q4 2016, up from 23 in Q3 2016.
- Funds reported $15.6M of Pimco California Municipal Income Fund stock for Q4 2016, down 1.4% quarter-over-quarter.
- 8 funds opened new Pimco California Municipal Income Fund positions in Q4 2016 and 4 closed out, a net change of +4 holders.
- The largest Pimco California Municipal Income Fund buyer in Q4 2016 was Tiedemann Advisors, an estimated $1.14M added.
- The largest Pimco California Municipal Income Fund seller in Q4 2016 was Invesco, an estimated $963K sold.
Based on aggregated 13F filings for Q4 2016.