Pimco California Municipal Income Fund
PCQ
28 hedge funds and large institutions have $19.8M invested in Pimco California Municipal Income Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 1 closing their positions.
455% more capital inflows, than outflows
Capital inflows: $4.72M | Capital outflows: $850K
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
12% more funds holding
Funds holding: 25 → 28 (+3)
1.11% more ownership
Funds ownership: 4.39% → 5.5% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.68M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.21M |
| 3 |
First Allied Advisory Services
San Diego,
California
|
+$246K |
| 4 |
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$227K |
| 5 |
D.A. Davidson & Co
Great Falls,
Montana
|
+$178K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Guggenheim Capital
Chicago,
Illinois
|
-$349K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$309K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$122K |
| 4 |
Mechanics Bank - Trust Department
Walnut Creek,
California
|
-$46.2K |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
-$17.2K |
PCQ Hedge Fund Activity: Q2 2019 in Review
28 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q2 2019, worth a combined $19.8M — up 30% from $15.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PCQ positions and 1 closed out — a net gain of 3 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.68M. The largest seller was Guggenheim Capital, cutting an estimated $349K.
- 28 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q2 2019, up from 25 in Q1 2019.
- Funds reported $19.8M of Pimco California Municipal Income Fund stock for Q2 2019, up 30% quarter-over-quarter.
- 4 funds opened new Pimco California Municipal Income Fund positions in Q2 2019 and 1 closed out, a net change of +3 holders.
- The largest Pimco California Municipal Income Fund buyer in Q2 2019 was Morgan Stanley, an estimated $2.68M added.
- The largest Pimco California Municipal Income Fund seller in Q2 2019 was Guggenheim Capital, an estimated $349K sold.
Based on aggregated 13F filings for Q2 2019.