Pimco California Municipal Income Fund
PCQ
24 hedge funds and large institutions have $19.7M invested in Pimco California Municipal Income Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
4% more funds holding
Funds holding: 23 → 24 (+1)
3% more capital invested
Capital invested by funds: $19.1M → $19.7M (+$564K)
0.13% less ownership
Funds ownership: 6.53% → 6.4% (-0.13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
+$1.01M |
| 2 |
BOS
Bank of Stockton
Stockton,
California
|
+$428K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$343K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$123K |
| 5 |
LPL Financial
San Diego,
California
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.05M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$754K |
| 3 |
SG Americas Securities
New York
|
-$276K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
-$234K |
| 5 |
Morgan Stanley
New York
|
-$131K |
PCQ Hedge Fund Activity: Q1 2016 in Review
24 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q1 2016, worth a combined $19.7M — up 2.9% from $19.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PCQ positions and 3 closed out — a net gain of 1 holder — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Van Hulzen Asset Management, opening a new position worth an estimated $1.01M. The largest seller was Invesco, cutting an estimated $1.05M.
- 24 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q1 2016, up from 23 in Q4 2015.
- Funds reported $19.7M of Pimco California Municipal Income Fund stock for Q1 2016, up 2.9% quarter-over-quarter.
- 4 funds opened new Pimco California Municipal Income Fund positions in Q1 2016 and 3 closed out, a net change of +1 holder.
- The largest Pimco California Municipal Income Fund buyer in Q1 2016 was Van Hulzen Asset Management, an estimated $1.01M added.
- The largest Pimco California Municipal Income Fund seller in Q1 2016 was Invesco, an estimated $1.05M sold.
Based on aggregated 13F filings for Q1 2016.