Pimco California Municipal Income Fund
PCQ
23 hedge funds and large institutions have $19.1M invested in Pimco California Municipal Income Fund in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 2 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
350% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 2
30% more capital invested
Capital invested by funds: $14.7M → $19.1M (+$4.41M)
28% more funds holding
Funds holding: 18 → 23 (+5)
1.32% more ownership
Funds ownership: 5.21% → 6.53% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.71M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$747K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
+$469K |
| 4 |
SG Americas Securities
New York
|
+$274K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$168K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$445K |
| 2 |
IWC
Integrated Wealth Counsel
Carmel,
California
|
-$53K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.7K |
PCQ Hedge Fund Activity: Q4 2015 in Review
23 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q4 2015, worth a combined $19.1M — up 30% from $14.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PCQ positions and 1 closed out — a net gain of 5 holders — while 9 added to existing stakes and 2 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.71M. The largest seller was Invesco, cutting an estimated $445K.
- 23 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q4 2015, up from 18 in Q3 2015.
- Funds reported $19.1M of Pimco California Municipal Income Fund stock for Q4 2015, up 30% quarter-over-quarter.
- 6 funds opened new Pimco California Municipal Income Fund positions in Q4 2015 and 1 closed out, a net change of +5 holders.
- The largest Pimco California Municipal Income Fund buyer in Q4 2015 was LPL Financial, an estimated $1.71M added.
- The largest Pimco California Municipal Income Fund seller in Q4 2015 was Invesco, an estimated $445K sold.
Based on aggregated 13F filings for Q4 2015.