Pimco California Municipal Income Fund
PCQ
50 hedge funds and large institutions have $35.2M invested in Pimco California Municipal Income Fund in 2024 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
6% more funds holding
Funds holding: 47 → 50 (+3)
4% more capital invested
Capital invested by funds: $33.8M → $35.2M (+$1.4M)
0.28% less ownership
Funds ownership: 18.94% → 18.66% (-0.28%)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$909K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$687K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$393K |
| 4 |
LPL Financial
San Diego,
California
|
+$373K |
| 5 |
Rockefeller Capital Management
New York
|
+$259K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$2.02M |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$383K |
| 3 |
CAL
Capital Analysts LLC
Fort Washington,
Pennsylvania
|
-$341K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$285K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$271K |
PCQ Hedge Fund Activity: Q3 2024 in Review
50 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q3 2024, worth a combined $35.2M — up 4.1% from $33.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PCQ positions and 6 closed out — a net gain of 3 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $909K. The largest seller was Dynamic Advisor Solutions, exiting entirely with an estimated $2.02M sold.
- 50 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q3 2024, up from 47 in Q2 2024.
- Funds reported $35.2M of Pimco California Municipal Income Fund stock for Q3 2024, up 4.1% quarter-over-quarter.
- 9 funds opened new Pimco California Municipal Income Fund positions in Q3 2024 and 6 closed out, a net change of +3 holders.
- The largest Pimco California Municipal Income Fund buyer in Q3 2024 was Rivernorth Capital Management, an estimated $909K added.
- The largest Pimco California Municipal Income Fund seller in Q3 2024 was Dynamic Advisor Solutions, an estimated $2.02M sold.
Based on aggregated 13F filings for Q3 2024.