Pimco California Municipal Income Fund
PCQ
31 hedge funds and large institutions have $23.6M invested in Pimco California Municipal Income Fund in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 2 reducing their positions, and 1 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 2
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
19% more capital invested
Capital invested by funds: $19.8M → $23.6M (+$3.8M)
11% more funds holding
Funds holding: 28 → 31 (+3)
0.88% more ownership
Funds ownership: 5.5% → 6.39% (+0.88%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.48M |
| 2 |
SFSIG
San Francisco Sentry Investment Group
San Francisco,
California
|
+$470K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$418K |
| 4 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
+$392K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$371K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$207K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6.73K |
PCQ Hedge Fund Activity: Q3 2019 in Review
31 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q3 2019, worth a combined $23.6M — up 19% from $19.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PCQ positions and 1 closed out — a net gain of 3 holders — while 12 added to existing stakes and 2 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.48M. The largest seller was Raymond James & Associates, exiting entirely with an estimated $371K sold.
- 31 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q3 2019, up from 28 in Q2 2019.
- Funds reported $23.6M of Pimco California Municipal Income Fund stock for Q3 2019, up 19% quarter-over-quarter.
- 4 funds opened new Pimco California Municipal Income Fund positions in Q3 2019 and 1 closed out, a net change of +3 holders.
- The largest Pimco California Municipal Income Fund buyer in Q3 2019 was Morgan Stanley, an estimated $1.48M added.
- The largest Pimco California Municipal Income Fund seller in Q3 2019 was Raymond James & Associates, an estimated $371K sold.
Based on aggregated 13F filings for Q3 2019.