Pimco California Municipal Income Fund
PCQ
35 hedge funds and large institutions have $29.3M invested in Pimco California Municipal Income Fund in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 6 closing their positions.
0.5% more ownership
Funds ownership: 15.24% → 15.74% (+0.5%)
2% less capital invested
Capital invested by funds: $30M → $29.3M (-$744K)
3% less funds holding
Funds holding: 36 → 35 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.26M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$721K |
| 3 |
LPL Financial
San Diego,
California
|
+$663K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$421K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$409K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Regatta Capital Group
El Segundo,
California
|
-$1.45M |
| 2 |
SG
StoneX Group
New York
|
-$1.32M |
| 3 |
Morgan Stanley
New York
|
-$702K |
| 4 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
-$197K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$160K |
PCQ Hedge Fund Activity: Q2 2023 in Review
35 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q2 2023, worth a combined $29.3M — down 2.5% from $30M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PCQ and 5 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 9 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.26M. The largest seller was Regatta Capital Group, cutting an estimated $1.45M.
- 35 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q2 2023, down from 36 in Q1 2023.
- Funds reported $29.3M of Pimco California Municipal Income Fund stock for Q2 2023, down 2.5% quarter-over-quarter.
- 5 funds opened new Pimco California Municipal Income Fund positions in Q2 2023 and 6 closed out, a net change of -1 holder.
- The largest Pimco California Municipal Income Fund buyer in Q2 2023 was Rivernorth Capital Management, an estimated $1.26M added.
- The largest Pimco California Municipal Income Fund seller in Q2 2023 was Regatta Capital Group, an estimated $1.45M sold.
Based on aggregated 13F filings for Q2 2023.