Pimco California Municipal Income Fund
PCQ
26 hedge funds and large institutions have $18.3M invested in Pimco California Municipal Income Fund in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 2 reducing their positions, and 5 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 2
2% more capital invested
Capital invested by funds: $18M → $18.3M (+$271K)
0.13% more ownership
Funds ownership: 5.32% → 5.45% (+0.13%)
10% less funds holding
Funds holding: 29 → 26 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$573K |
| 2 |
GJIC
Gamble Jones Investment Counsel
Pasadena,
California
|
+$362K |
| 3 |
BWG
Beta Wealth Group
San Diego,
California
|
+$96.5K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$90.5K |
| 5 |
Morgan Stanley
New York
|
+$75.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWA
HCR Wealth Advisors
Los Angeles,
California
|
-$383K |
| 2 |
Millennium Management
New York
|
-$185K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$181K |
| 4 |
SIAG
Safeguard Investment Advisory Group
Corona,
California
|
-$98K |
| 5 |
WT
Whittier Trust
South Pasadena,
California
|
-$37K |
PCQ Hedge Fund Activity: Q1 2021 in Review
26 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q1 2021, worth a combined $18.3M — up 1.5% from $18M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PCQ and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 12 added.
The largest buyer was Osaic Holdings, adding an estimated $573K. The largest seller was HCR Wealth Advisors, exiting entirely with an estimated $383K sold.
- 26 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q1 2021, down from 29 in Q4 2020.
- Funds reported $18.3M of Pimco California Municipal Income Fund stock for Q1 2021, up 1.5% quarter-over-quarter.
- 2 funds opened new Pimco California Municipal Income Fund positions in Q1 2021 and 5 closed out, a net change of -3 holders.
- The largest Pimco California Municipal Income Fund buyer in Q1 2021 was Osaic Holdings, an estimated $573K added.
- The largest Pimco California Municipal Income Fund seller in Q1 2021 was HCR Wealth Advisors, an estimated $383K sold.
Based on aggregated 13F filings for Q1 2021.