Pimco California Municipal Income Fund
PCQ
30 hedge funds and large institutions have $14.4M invested in Pimco California Municipal Income Fund in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
1.32% less ownership
Funds ownership: 6.28% → 4.96% (-1.3%)
3% less funds holding
Funds holding: 31 → 30 (-1)
57% less capital inflows, than outflows
Capital inflows: $2.11M | Capital outflows: $4.89M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$270K |
| 2 |
SWRP
Summit Wealth & Retirement Planning
San Ramon,
California
|
+$219K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$37.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$33.4K |
| 5 |
FIA
FNY Investment Advisers
New York
|
+$32.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$3.32M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$412K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$406K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$331K |
| 5 |
SW
SteelPeak Wealth
Woodland Hills,
California
|
-$207K |
PCQ Hedge Fund Activity: Q1 2020 in Review
30 of the 4,549 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q1 2020, worth a combined $14.4M — down 39% from $23.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PCQ positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 6 trimmed.
The largest buyer was First Allied Advisory Services, adding an estimated $270K. The largest seller was D.A. Davidson & Co, exiting entirely with an estimated $3.32M sold.
- 30 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q1 2020, down from 31 in Q4 2019.
- Funds reported $14.4M of Pimco California Municipal Income Fund stock for Q1 2020, down 39% quarter-over-quarter.
- 4 funds opened new Pimco California Municipal Income Fund positions in Q1 2020 and 3 closed out, a net change of +1 holder.
- The largest Pimco California Municipal Income Fund buyer in Q1 2020 was First Allied Advisory Services, an estimated $270K added.
- The largest Pimco California Municipal Income Fund seller in Q1 2020 was D.A. Davidson & Co, an estimated $3.32M sold.
Based on aggregated 13F filings for Q1 2020.