Pimco California Municipal Income Fund
PCQ
28 hedge funds and large institutions have $19.8M invested in Pimco California Municipal Income Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
30% more capital invested
Capital invested by funds: $15.2M → $19.8M (+$4.52M)
12% more funds holding
Funds holding: 25 → 28 (+3)
1.11% more ownership
Funds ownership: 4.39% → 5.5% (+1.1%)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LWM
26
Liberty Wealth Management
Oakland,
California
| $30K | – | – | – |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $28K | – | – | – |
|
|
ETI
28
Enterprise Trust & Investment
Los Gatos,
California
| $19K | +$18.5K | +1,000 | New |
|
|
FIA
29
FNY Investment Advisers
New York
| $3K | +$369 | +20 | +14% |
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$309K | -17,201 | Closed |
|
PCQ Hedge Fund Activity: Q2 2019 in Review
28 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q2 2019, worth a combined $19.8M — up 30% from $15.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PCQ positions and 1 closed out — a net gain of 3 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.68M. The largest seller was Guggenheim Capital, cutting an estimated $349K.
- 28 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q2 2019, up from 25 in Q1 2019.
- Funds reported $19.8M of Pimco California Municipal Income Fund stock for Q2 2019, up 30% quarter-over-quarter.
- 4 funds opened new Pimco California Municipal Income Fund positions in Q2 2019 and 1 closed out, a net change of +3 holders.
- The largest Pimco California Municipal Income Fund buyer in Q2 2019 was Morgan Stanley, an estimated $2.68M added.
- The largest Pimco California Municipal Income Fund seller in Q2 2019 was Guggenheim Capital, an estimated $349K sold.
Based on aggregated 13F filings for Q2 2019.