Pimco California Municipal Income Fund
PCQ
19 hedge funds and large institutions have $13.5M invested in Pimco California Municipal Income Fund in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
6% more funds holding
Funds holding: 18 → 19 (+1)
1.15% more ownership
Funds ownership: 5.54% → 6.69% (+1.2%)
1% more capital invested
Capital invested by funds: $13.3M → $13.5M (+$186K)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.11M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$552K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$350K |
| 4 |
SG Americas Securities
New York
|
+$189K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$46.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Counsel
Carmel,
California
|
-$928K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$865K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$558K |
| 4 |
CWM
Concert Wealth Management
San Jose,
California
|
-$154K |
| 5 |
Citigroup
New York
|
-$151K |
PCQ Hedge Fund Activity: Q4 2013 in Review
19 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q4 2013, worth a combined $13.5M — up 1.4% from $13.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PCQ positions and 4 closed out — a net gain of 1 holder — while 4 added to existing stakes and 7 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.11M. The largest seller was Integrated Wealth Counsel, cutting an estimated $928K.
- 19 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q4 2013, up from 18 in Q3 2013.
- Funds reported $13.5M of Pimco California Municipal Income Fund stock for Q4 2013, up 1.4% quarter-over-quarter.
- 5 funds opened new Pimco California Municipal Income Fund positions in Q4 2013 and 4 closed out, a net change of +1 holder.
- The largest Pimco California Municipal Income Fund buyer in Q4 2013 was LPL Financial, an estimated $1.11M added.
- The largest Pimco California Municipal Income Fund seller in Q4 2013 was Integrated Wealth Counsel, an estimated $928K sold.
Based on aggregated 13F filings for Q4 2013.