Pimco California Municipal Income Fund
PCQ
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.
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: 21 → 18 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$472K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$139K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$15.7K |
| 4 |
Morgan Stanley
New York
|
+$9.64K |
| 5 |
AIG
American International Group
New York
|
+$3.06K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
-$1.65M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$688K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$170K |
| 4 |
LPL Financial
San Diego,
California
|
-$159K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$150K |
PCQ Hedge Fund Activity: Q3 2015 in Review
18 of the 3,590 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.