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PCQ

Pimco California Municipal Income Fund

20 hedge funds and large institutions have $13.5M invested in Pimco California Municipal Income Fund in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 6

2% more capital invested

Capital invested by funds: $13.3M → $13.5M (+$205K)

0.02% more ownership

Funds ownership: 4.05%4.07% (+0.02%)

0% more funds holding

Funds holding: 2020 (0)

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

Holders
20
Holders Change
Holders Change %
0%
% of All Funds
0.5%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
7
Reduced
6
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$4.24M -$458K -26,839 -10%
Morgan Stanley
2
Morgan Stanley
New York
$2.09M +$56.6K +3,320 +3%
TA
3
Tiedemann Advisors
New York
$1.21M -$53.7K -3,148 -4%
MBTD
4
Mechanics Bank - Trust Department
California
$811K -$1.71K -100 -0.2%
Bank of America
5
Bank of America
North Carolina
$694K +$264K +15,470 +62%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$545K +$10.3K +604 +2%
LPL Financial
7
LPL Financial
California
$529K -$78K -4,572 -13%
UBS Group
8
UBS Group
Switzerland
$490K +$4.83K +283 +1%
AG
9
Advisor Group
Arizona
$467K +$54.9K +3,219 +13%
SFSIG
10
San Francisco Sentry Investment Group
California
$415K
Citigroup
11
Citigroup
New York
$338K
VHAM
12
Van Hulzen Asset Management
California
$335K +$332K +19,500 New
Cetera Investment Advisers
13
Cetera Investment Advisers
Illinois
$252K -$9.72K -570 -4%
Wells Fargo
14
Wells Fargo
California
$221K -$83.3K -4,884 -28%
HWA
15
HCR Wealth Advisors
California
$221K
GIP
16
Granite Investment Partners
California
$208K
IA
17
IFP Advisors
Florida
$186K
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$119K +$77.7K +4,558 +191%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$43K +$34.1K +2,000 +398%
NIC
20
Northwest Investment Counselors
Oregon
$36K
GBBWRPM
21
Genovese Burford & Brothers Wealth & Retirement Plan Management
California
$4K +$4.18K +245 New
Creative Planning
22
Creative Planning
Kansas
-$77K -4,512 Closed
DADC
23
D.A. Davidson & Co
Montana
-$28K -1,659 Closed

PCQ Hedge Fund Activity: Q3 2017 in Review

20 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q3 2017, worth a combined $13.5M — up 1.5% from $13.3M a quarter earlier.

Fund positioning in PCQ was balanced in Q3 2017: 2 funds opened new positions, 2 closed out, 7 added to existing stakes and 6 trimmed.

The largest buyer was Van Hulzen Asset Management, opening a new position worth an estimated $332K. The largest seller was Guggenheim Capital, cutting an estimated $458K.

  • 20 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q3 2017, unchanged from Q2 2017.
  • Funds reported $13.5M of Pimco California Municipal Income Fund stock for Q3 2017, up 1.5% quarter-over-quarter.
  • 2 funds opened new Pimco California Municipal Income Fund positions in Q3 2017 and 2 closed out, a net change of 0 holders.
  • The largest Pimco California Municipal Income Fund buyer in Q3 2017 was Van Hulzen Asset Management, an estimated $332K added.
  • The largest Pimco California Municipal Income Fund seller in Q3 2017 was Guggenheim Capital, an estimated $458K sold.

Based on aggregated 13F filings for Q3 2017.