Pimco California Municipal Income Fund
PCQ
22 hedge funds and large institutions have $12.3M invested in Pimco California Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 4 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
0% more funds holding
Funds holding: 22 → 22 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
1.15% less ownership
Funds ownership: 4.91% → 3.76% (-1.2%)
11% less capital invested
Capital invested by funds: $13.9M → $12.3M (-$1.58M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$751K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$743K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$379K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$329K |
| 5 |
Morgan Stanley
New York
|
+$168K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$4.4M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$558K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$467K |
| 4 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
-$183K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$29K |
PCQ Hedge Fund Activity: Q2 2018 in Review
22 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q2 2018, worth a combined $12.3M — down 11% from $13.9M a quarter earlier.
Fund positioning in PCQ was balanced in Q2 2018: 4 funds opened new positions, 4 closed out, 10 added to existing stakes and 3 trimmed.
The largest buyer was D.A. Davidson & Co, adding an estimated $751K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $4.4M sold.
- 22 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $12.3M of Pimco California Municipal Income Fund stock for Q2 2018, down 11% quarter-over-quarter.
- 4 funds opened new Pimco California Municipal Income Fund positions in Q2 2018 and 4 closed out, a net change of 0 holders.
- The largest Pimco California Municipal Income Fund buyer in Q2 2018 was D.A. Davidson & Co, an estimated $751K added.
- The largest Pimco California Municipal Income Fund seller in Q2 2018 was Laurion Capital Management, an estimated $4.4M sold.
Based on aggregated 13F filings for Q2 2018.