Pimco California Municipal Income Fund
PCQ
28 hedge funds and large institutions have $13.7M invested in Pimco California Municipal Income Fund in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 4 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
0.41% less ownership
Funds ownership: 4.96% → 4.55% (-0.41%)
5% less capital invested
Capital invested by funds: $14.4M → $13.7M (-$678K)
7% less funds holding
Funds holding: 30 → 28 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$132K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$48.6K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$47.6K |
| 4 |
Morgan Stanley
New York
|
+$35.1K |
| 5 |
HWA
HCR Wealth Advisors
Los Angeles,
California
|
+$27.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$645K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$258K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$237K |
| 4 |
SWRP
Summit Wealth & Retirement Planning
San Ramon,
California
|
-$191K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$126K |
PCQ Hedge Fund Activity: Q2 2020 in Review
28 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q2 2020, worth a combined $13.7M — down 4.7% from $14.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PCQ and 2 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was Cetera Advisor Networks, opening a new position worth an estimated $132K. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $645K.
- 28 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q2 2020, down from 30 in Q1 2020.
- Funds reported $13.7M of Pimco California Municipal Income Fund stock for Q2 2020, down 4.7% quarter-over-quarter.
- 2 funds opened new Pimco California Municipal Income Fund positions in Q2 2020 and 4 closed out, a net change of -2 holders.
- The largest Pimco California Municipal Income Fund buyer in Q2 2020 was Cetera Advisor Networks, an estimated $132K added.
- The largest Pimco California Municipal Income Fund seller in Q2 2020 was Cambridge Investment Research Advisors, an estimated $645K sold.
Based on aggregated 13F filings for Q2 2020.