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PCQ

Pimco California Municipal Income Fund

18 hedge funds and large institutions have $14.7M invested in Pimco California Municipal Income Fund in 2015 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 5

0.93% less ownership

Funds ownership: 6.13%5.21% (-0.93%)

10% less capital invested

Capital invested by funds: $16.3M → $14.7M (-$1.55M)

14% less funds holding

Funds holding: 2118 (-3)

75% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 4

Holders
18
Holders Change
-3
Holders Change %
-14.29%
% of All Funds
0.5%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
6
Reduced
5
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$4.62M +$472K +32,282 +12%
Invesco
2
Invesco
Georgia
$3.9M -$12.6K -861 -0.3%
LPL Financial
3
LPL Financial
California
$1.84M -$159K -10,886 -8%
Morgan Stanley
4
Morgan Stanley
New York
$1.44M +$9.64K +659 +0.7%
Bank of America
5
Bank of America
North Carolina
$497K +$139K +9,523 +41%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$458K +$658 +45 +0.1%
SFSIG
7
San Francisco Sentry Investment Group
California
$368K
Wells Fargo
8
Wells Fargo
California
$302K -$112K -7,662 -28%
Citigroup
9
Citigroup
New York
$289K -$72K -4,920 -21%
AIG
10
American International Group
New York
$240K +$3.06K +209 +1%
UBS Group
11
UBS Group
Switzerland
$232K -$76K -5,194 -25%
HCM
12
Hollencrest Capital Management
California
$228K
GIP
13
Granite Investment Partners
California
$184K
IWC
14
Integrated Wealth Counsel
California
$53K
AA
15
Apriem Advisors
California
$36K
MFS
16
MSI Financial Services
Massachusetts
$27K
Creative Planning
17
Creative Planning
Kansas
$16K +$15.7K +1,070 New
DADC
18
D.A. Davidson & Co
Montana
$8K +$132 +9 +2%
VHAM
19
Van Hulzen Asset Management
California
-$1.65M -115,600 Closed
CRC
20
Curi RMB Capital
Illinois
-$688K -48,210 Closed
DA
21
Doliver Advisors
Texas
-$170K -11,871 Closed
VKH
22
Virtu KCG Holdings
New York
-$150K -10,532 Closed

PCQ Hedge Fund Activity: Q3 2015 in Review

18 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q3 2015, worth a combined $14.7M — down 9.5% from $16.3M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of PCQ and 1 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 6 added.

The largest buyer was Guggenheim Capital, adding an estimated $472K. The largest seller was Van Hulzen Asset Management, exiting entirely with an estimated $1.65M sold.

  • 18 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q3 2015, down from 21 in Q2 2015.
  • Funds reported $14.7M of Pimco California Municipal Income Fund stock for Q3 2015, down 9.5% quarter-over-quarter.
  • 1 fund opened new Pimco California Municipal Income Fund positions in Q3 2015 and 4 closed out, a net change of -3 holders.
  • The largest Pimco California Municipal Income Fund buyer in Q3 2015 was Guggenheim Capital, an estimated $472K added.
  • The largest Pimco California Municipal Income Fund seller in Q3 2015 was Van Hulzen Asset Management, an estimated $1.65M sold.

Based on aggregated 13F filings for Q3 2015.