Pimco California Municipal Income Fund
PCQ
25 hedge funds and large institutions have $15.2M invested in Pimco California Municipal Income Fund in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 3 closing their positions.
145% more capital inflows, than outflows
Capital inflows: $1.8M | Capital outflows: $736K
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
0.33% more ownership
Funds ownership: 4.06% → 4.39% (+0.33%)
0% more funds holding
Funds holding: 25 → 25 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$662K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$294K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$246K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$235K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HR
Hayden Royal
Charlotte,
North Carolina
|
-$222K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$219K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$117K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$116K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$37.6K |
PCQ Hedge Fund Activity: Q1 2019 in Review
25 of the 4,634 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q1 2019, worth a combined $15.2M — up 20% from $12.7M a quarter earlier.
Fund positioning in PCQ was balanced in Q1 2019: 3 funds opened new positions, 3 closed out, 9 added to existing stakes and 6 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $662K. The largest seller was Hayden Royal, exiting entirely with an estimated $222K sold.
- 25 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $15.2M of Pimco California Municipal Income Fund stock for Q1 2019, up 20% quarter-over-quarter.
- 3 funds opened new Pimco California Municipal Income Fund positions in Q1 2019 and 3 closed out, a net change of 0 holders.
- The largest Pimco California Municipal Income Fund buyer in Q1 2019 was Ladenburg Thalmann Financial Services, an estimated $662K added.
- The largest Pimco California Municipal Income Fund seller in Q1 2019 was Hayden Royal, an estimated $222K sold.
Based on aggregated 13F filings for Q1 2019.