Pimco California Municipal Income Fund
PCQ
20 hedge funds and large institutions have $10.9M invested in Pimco California Municipal Income Fund in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 20 → 20 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0.81% less ownership
Funds ownership: 4.07% → 3.26% (-0.81%)
19% less capital invested
Capital invested by funds: $13.5M → $10.9M (-$2.52M)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$299K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$83.9K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$81K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$55.9K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$20.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.5M |
| 2 |
TA
Tiedemann Advisors
New York
|
-$1.21M |
| 3 |
Morgan Stanley
New York
|
-$297K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$146K |
| 5 |
LPL Financial
San Diego,
California
|
-$128K |
PCQ Hedge Fund Activity: Q4 2017 in Review
20 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q4 2017, worth a combined $10.9M — down 19% from $13.5M a quarter earlier.
Fund positioning in PCQ was balanced in Q4 2017: 2 funds opened new positions, 2 closed out, 4 added to existing stakes and 9 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $299K. The largest seller was Guggenheim Capital, cutting an estimated $1.5M.
- 20 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q4 2017, unchanged from Q3 2017.
- Funds reported $10.9M of Pimco California Municipal Income Fund stock for Q4 2017, down 19% quarter-over-quarter.
- 2 funds opened new Pimco California Municipal Income Fund positions in Q4 2017 and 2 closed out, a net change of 0 holders.
- The largest Pimco California Municipal Income Fund buyer in Q4 2017 was Ladenburg Thalmann Financial Services, an estimated $299K added.
- The largest Pimco California Municipal Income Fund seller in Q4 2017 was Guggenheim Capital, an estimated $1.5M sold.
Based on aggregated 13F filings for Q4 2017.