Pimco California Municipal Income Fund
PCQ
82 hedge funds and large institutions have $169M invested in Pimco California Municipal Income Fund in 2026 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 11 closing their positions.
25% more capital inflows, than outflows
Capital inflows: $14.2M | Capital outflows: $11.4M
8% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 26
0.41% more ownership
Funds ownership: 33.11% → 33.52% (+0.41%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less funds holding
Funds holding: 88 → 82 (-6)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.85M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.22M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$933K |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
+$822K |
| 5 |
LPL Financial
San Diego,
California
|
+$692K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
-$2.9M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.3M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.41M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$1.33M |
| 5 |
EW
Evoke Wealth
Los Angeles,
California
|
-$392K |
PCQ Hedge Fund Activity: Q2 2026 in Review
82 of the 8,352 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q2 2026, worth a combined $169M — up 5.7% from $160M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PCQ and 9 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 28 added.
The largest buyer was Advisors Asset Management, adding an estimated $3.85M. The largest seller was Verition Fund Management, exiting entirely with an estimated $2.9M sold.
- 82 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q2 2026, down from 88 in Q1 2026.
- Funds reported $169M of Pimco California Municipal Income Fund stock for Q2 2026, up 5.7% quarter-over-quarter.
- 9 funds opened new Pimco California Municipal Income Fund positions in Q2 2026 and 11 closed out, a net change of -2 holders.
- The largest Pimco California Municipal Income Fund buyer in Q2 2026 was Advisors Asset Management, an estimated $3.85M added.
- The largest Pimco California Municipal Income Fund seller in Q2 2026 was Verition Fund Management, an estimated $2.9M sold.
Based on aggregated 13F filings for Q2 2026.