Pimco California Municipal Income Fund
PCQ
47 hedge funds and large institutions have $33.8M invested in Pimco California Municipal Income Fund in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 11 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
1.24% less ownership
Funds ownership: 20.3% → 19.06% (-1.2%)
6% less capital invested
Capital invested by funds: $35.9M → $33.8M (-$2.08M)
11% less funds holding
Funds holding: 53 → 47 (-6)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$663K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$565K |
| 3 |
PI
PFG Investments
Woodbury,
New York
|
+$434K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$205K |
| 5 |
MBTD
Mechanics Bank - Trust Department
Walnut Creek,
California
|
+$104K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$1.24M |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$655K |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$552K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$364K |
| 5 |
EC
Elequin Capital
New York
|
-$239K |
PCQ Hedge Fund Activity: Q1 2024 in Review
47 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q1 2024, worth a combined $33.8M — down 5.8% from $35.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PCQ and 5 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 14 added.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $663K. The largest seller was Bramshill Investments, exiting entirely with an estimated $1.24M sold.
- 47 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q1 2024, down from 53 in Q4 2023.
- Funds reported $33.8M of Pimco California Municipal Income Fund stock for Q1 2024, down 5.8% quarter-over-quarter.
- 5 funds opened new Pimco California Municipal Income Fund positions in Q1 2024 and 11 closed out, a net change of -6 holders.
- The largest Pimco California Municipal Income Fund buyer in Q1 2024 was Hennion & Walsh Asset Management, an estimated $663K added.
- The largest Pimco California Municipal Income Fund seller in Q1 2024 was Bramshill Investments, an estimated $1.24M sold.
Based on aggregated 13F filings for Q1 2024.