Pimco California Municipal Income Fund
PCQ
25 hedge funds and large institutions have $12.7M invested in Pimco California Municipal Income Fund in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 3 closing their positions.
294% more capital inflows, than outflows
Capital inflows: $2.73M | Capital outflows: $691K
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
14% more funds holding
Funds holding: 22 → 25 (+3)
0.69% more ownership
Funds ownership: 3.38% → 4.06% (+0.69%)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$1.51M |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
+$504K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$208K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$177K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$36.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$263K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$205K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$97K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$36.8K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$32K |
PCQ Hedge Fund Activity: Q4 2018 in Review
25 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q4 2018, worth a combined $12.7M — up 22% from $10.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PCQ positions and 3 closed out — a net gain of 3 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was D.A. Davidson & Co, adding an estimated $1.51M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $263K sold.
- 25 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q4 2018, up from 22 in Q3 2018.
- Funds reported $12.7M of Pimco California Municipal Income Fund stock for Q4 2018, up 22% quarter-over-quarter.
- 6 funds opened new Pimco California Municipal Income Fund positions in Q4 2018 and 3 closed out, a net change of +3 holders.
- The largest Pimco California Municipal Income Fund buyer in Q4 2018 was D.A. Davidson & Co, an estimated $1.51M added.
- The largest Pimco California Municipal Income Fund seller in Q4 2018 was Susquehanna International Group, an estimated $263K sold.
Based on aggregated 13F filings for Q4 2018.