Pimco California Municipal Income Fund
PCQ
18 hedge funds and large institutions have $14.1M invested in Pimco California Municipal Income Fund in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 2 closing their positions.
4% more capital invested
Capital invested by funds: $13.5M → $14.1M (+$534K)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
0.17% less ownership
Funds ownership: 6.69% → 6.52% (-0.17%)
5% less funds holding
Funds holding: 19 → 18 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$441K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$217K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$136K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$68.7K |
| 5 |
Citigroup
New York
|
+$11.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
-$615K |
| 2 |
SG Americas Securities
New York
|
-$188K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$172K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$121K |
| 5 |
IWC
Integrated Wealth Counsel
Carmel,
California
|
-$57.2K |
PCQ Hedge Fund Activity: Q1 2014 in Review
18 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q1 2014, worth a combined $14.1M — up 3.9% from $13.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PCQ and 1 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 5 added.
The largest buyer was Guggenheim Capital, adding an estimated $441K. The largest seller was Van Hulzen Asset Management, exiting entirely with an estimated $615K sold.
- 18 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q1 2014, down from 19 in Q4 2013.
- Funds reported $14.1M of Pimco California Municipal Income Fund stock for Q1 2014, up 3.9% quarter-over-quarter.
- 1 fund opened new Pimco California Municipal Income Fund positions in Q1 2014 and 2 closed out, a net change of -1 holder.
- The largest Pimco California Municipal Income Fund buyer in Q1 2014 was Guggenheim Capital, an estimated $441K added.
- The largest Pimco California Municipal Income Fund seller in Q1 2014 was Van Hulzen Asset Management, an estimated $615K sold.
Based on aggregated 13F filings for Q1 2014.