Pimco California Municipal Income Fund
PCQ
46 hedge funds and large institutions have $33.9M invested in Pimco California Municipal Income Fund in 2024 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 13 closing their positions.
1.07% more ownership
Funds ownership: 18.66% → 19.73% (+1.1%)
4% less capital invested
Capital invested by funds: $35.2M → $33.9M (-$1.37M)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
8% less funds holding
Funds holding: 50 → 46 (-4)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.87M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.19M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$546K |
| 4 |
Bank of New York Mellon
New York
|
+$520K |
| 5 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$345K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.18M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$914K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$563K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$386K |
| 5 |
VF
Virtu Financial
New York
|
-$250K |
PCQ Hedge Fund Activity: Q4 2024 in Review
46 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q4 2024, worth a combined $33.9M — down 3.9% from $35.2M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PCQ and 9 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 12 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.87M. The largest seller was Wells Fargo, cutting an estimated $1.18M.
- 46 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q4 2024, down from 50 in Q3 2024.
- Funds reported $33.9M of Pimco California Municipal Income Fund stock for Q4 2024, down 3.9% quarter-over-quarter.
- 9 funds opened new Pimco California Municipal Income Fund positions in Q4 2024 and 13 closed out, a net change of -4 holders.
- The largest Pimco California Municipal Income Fund buyer in Q4 2024 was Rivernorth Capital Management, an estimated $2.87M added.
- The largest Pimco California Municipal Income Fund seller in Q4 2024 was Wells Fargo, an estimated $1.18M sold.
Based on aggregated 13F filings for Q4 2024.