Pimco California Municipal Income Fund
PCQ
20 hedge funds and large institutions have $16.7M invested in Pimco California Municipal Income Fund in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
12% more capital invested
Capital invested by funds: $14.9M → $16.7M (+$1.77M)
11% more funds holding
Funds holding: 18 → 20 (+2)
0.13% more ownership
Funds ownership: 5.6% → 5.74% (+0.13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$528K |
| 2 |
CNB
City National Bank
Beverly Hills,
Delaware
|
+$270K |
| 3 |
Morgan Stanley
New York
|
+$171K |
| 4 |
LPL Financial
San Diego,
California
|
+$122K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
+$63.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$594K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$323K |
| 3 |
AIG
American International Group
New York
|
-$45.2K |
PCQ Hedge Fund Activity: Q4 2014 in Review
20 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q4 2014, worth a combined $16.7M — up 12% from $14.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PCQ positions and 1 closed out — a net gain of 3 holders — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Invesco, adding an estimated $528K. The largest seller was Guggenheim Capital, cutting an estimated $594K.
- 20 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q4 2014, up from 18 in Q3 2014.
- Funds reported $16.7M of Pimco California Municipal Income Fund stock for Q4 2014, up 12% quarter-over-quarter.
- 4 funds opened new Pimco California Municipal Income Fund positions in Q4 2014 and 1 closed out, a net change of +3 holders.
- The largest Pimco California Municipal Income Fund buyer in Q4 2014 was Invesco, an estimated $528K added.
- The largest Pimco California Municipal Income Fund seller in Q4 2014 was Guggenheim Capital, an estimated $594K sold.
Based on aggregated 13F filings for Q4 2014.