Pimco California Municipal Income Fund
PCQ
18 hedge funds and large institutions have $13.3M invested in Pimco California Municipal Income Fund in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 18 → 18 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0.96% less ownership
Funds ownership: 6.49% → 5.54% (-0.96%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
21% less capital invested
Capital invested by funds: $17M → $13.3M (-$3.62M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$371K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$260K |
| 3 |
Morgan Stanley
New York
|
+$185K |
| 4 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$157K |
| 5 |
Citigroup
New York
|
+$109K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Counsel
Carmel,
California
|
-$2.63M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$533K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$107K |
| 4 |
LPL Financial
San Diego,
California
|
-$85.2K |
| 5 |
JFA
JNBA Financial Advisors
Bloomington,
Minnesota
|
-$37K |
PCQ Hedge Fund Activity: Q3 2013 in Review
18 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q3 2013, worth a combined $13.3M — down 21% from $17M a quarter earlier.
Fund positioning in PCQ was balanced in Q3 2013: 2 funds opened new positions, 2 closed out, 5 added to existing stakes and 6 trimmed.
The largest buyer was UBS, adding an estimated $371K. The largest seller was Integrated Wealth Counsel, cutting an estimated $2.63M.
- 18 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $13.3M of Pimco California Municipal Income Fund stock for Q3 2013, down 21% quarter-over-quarter.
- 2 funds opened new Pimco California Municipal Income Fund positions in Q3 2013 and 2 closed out, a net change of 0 holders.
- The largest Pimco California Municipal Income Fund buyer in Q3 2013 was UBS, an estimated $371K added.
- The largest Pimco California Municipal Income Fund seller in Q3 2013 was Integrated Wealth Counsel, an estimated $2.63M sold.
Based on aggregated 13F filings for Q3 2013.