Pimco California Municipal Income Fund
PCQ
31 hedge funds and large institutions have $23.5M invested in Pimco California Municipal Income Fund in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 3 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
0% more funds holding
Funds holding: 31 → 31 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0.11% less ownership
Funds ownership: 6.39% → 6.28% (-0.11%)
0% less capital invested
Capital invested by funds: $23.6M → $23.5M (-$98.6K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$415K |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
+$129K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$116K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$98.8K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$83.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$972K |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$826K |
| 3 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
-$397K |
| 4 |
WCG
Weaver Consulting Group
Huntington Beach,
California
|
-$60.1K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$15.4K |
PCQ Hedge Fund Activity: Q4 2019 in Review
31 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q4 2019, worth a combined $23.5M — down 0.42% from $23.6M a quarter earlier.
Fund positioning in PCQ was balanced in Q4 2019: 3 funds opened new positions, 3 closed out, 10 added to existing stakes and 6 trimmed.
The largest buyer was Independent Advisor Alliance, opening a new position worth an estimated $415K. The largest seller was Morgan Stanley, cutting an estimated $972K.
- 31 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $23.5M of Pimco California Municipal Income Fund stock for Q4 2019, down 0.42% quarter-over-quarter.
- 3 funds opened new Pimco California Municipal Income Fund positions in Q4 2019 and 3 closed out, a net change of 0 holders.
- The largest Pimco California Municipal Income Fund buyer in Q4 2019 was Independent Advisor Alliance, an estimated $415K added.
- The largest Pimco California Municipal Income Fund seller in Q4 2019 was Morgan Stanley, an estimated $972K sold.
Based on aggregated 13F filings for Q4 2019.