Pimco California Municipal Income Fund
PCQ
18 hedge funds and large institutions have $14.9M invested in Pimco California Municipal Income Fund in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 2 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
5% more capital invested
Capital invested by funds: $14.2M → $14.9M (+$715K)
0.32% more ownership
Funds ownership: 5.29% → 5.6% (+0.32%)
0% more funds holding
Funds holding: 18 → 18 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$456K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$431K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$325K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$144K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$648K |
| 2 |
IWC
Integrated Wealth Counsel
Carmel,
California
|
-$101K |
| 3 |
LPL Financial
San Diego,
California
|
-$25.8K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$14K |
| 5 |
Citigroup
New York
|
-$2.88K |
PCQ Hedge Fund Activity: Q3 2014 in Review
18 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q3 2014, worth a combined $14.9M — up 5% from $14.2M a quarter earlier.
Fund positioning in PCQ was balanced in Q3 2014: 2 funds opened new positions, 2 closed out, 7 added to existing stakes and 3 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $456K. The largest seller was Wells Fargo, cutting an estimated $648K.
- 18 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $14.9M of Pimco California Municipal Income Fund stock for Q3 2014, up 5% quarter-over-quarter.
- 2 funds opened new Pimco California Municipal Income Fund positions in Q3 2014 and 2 closed out, a net change of 0 holders.
- The largest Pimco California Municipal Income Fund buyer in Q3 2014 was Guggenheim Capital, an estimated $456K added.
- The largest Pimco California Municipal Income Fund seller in Q3 2014 was Wells Fargo, an estimated $648K sold.
Based on aggregated 13F filings for Q3 2014.