Pimco California Municipal Income Fund
PCQ
20 hedge funds and large institutions have $13.3M invested in Pimco California Municipal Income Fund in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
0.73% less ownership
Funds ownership: 4.78% → 4.05% (-0.73%)
9% less funds holding
Funds holding: 22 → 20 (-2)
17% less capital invested
Capital invested by funds: $15.9M → $13.3M (-$2.69M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$38.5K |
| 2 |
NIC
Northwest Investment Counselors
Lake Oswego,
Oregon
|
+$35K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$33.2K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$25.4K |
| 5 |
TA
Tiedemann Advisors
New York
|
+$17.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
-$1.9M |
| 2 |
LPL Financial
San Diego,
California
|
-$597K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$557K |
| 4 |
SFSIG
San Francisco Sentry Investment Group
San Francisco,
California
|
-$405K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$275K |
PCQ Hedge Fund Activity: Q2 2017 in Review
20 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q2 2017, worth a combined $13.3M — down 17% from $15.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PCQ and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was Morgan Stanley, adding an estimated $38.5K. The largest seller was Credit Agricole, exiting entirely with an estimated $1.9M sold.
- 20 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q2 2017, down from 22 in Q1 2017.
- Funds reported $13.3M of Pimco California Municipal Income Fund stock for Q2 2017, down 17% quarter-over-quarter.
- 1 fund opened new Pimco California Municipal Income Fund positions in Q2 2017 and 3 closed out, a net change of -2 holders.
- The largest Pimco California Municipal Income Fund buyer in Q2 2017 was Morgan Stanley, an estimated $38.5K added.
- The largest Pimco California Municipal Income Fund seller in Q2 2017 was Credit Agricole, an estimated $1.9M sold.
Based on aggregated 13F filings for Q2 2017.