PIMCO Municipal Income Fund II
PML
65 hedge funds and large institutions have $65M invested in PIMCO Municipal Income Fund II in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 10 reducing their positions, and 7 closing their positions.
130% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 10
14% more capital invested
Capital invested by funds: $57.2M → $65M (+$7.89M)
0.55% more ownership
Funds ownership: 7.68% → 8.23% (+0.55%)
3% less funds holding
Funds holding: 67 → 65 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.14M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.89M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$668K |
| 4 |
SA
Strategic Advisors
New York
|
+$624K |
| 5 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
+$591K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$1.84M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.05M |
| 3 |
Morgan Stanley
New York
|
-$569K |
| 4 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$397K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$337K |
PML Hedge Fund Activity: Q1 2016 in Review
65 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund II (PML) for Q1 2016, worth a combined $65M — up 14% from $57.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PML and 5 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 23 added.
The largest buyer was LPL Financial, adding an estimated $3.14M. The largest seller was Cohen & Steers, cutting an estimated $1.84M.
- 65 institutional investors held PIMCO Municipal Income Fund II (PML) as of Q1 2016, down from 67 in Q4 2015.
- Funds reported $65M of PIMCO Municipal Income Fund II stock for Q1 2016, up 14% quarter-over-quarter.
- 5 funds opened new PIMCO Municipal Income Fund II positions in Q1 2016 and 7 closed out, a net change of -2 holders.
- The largest PIMCO Municipal Income Fund II buyer in Q1 2016 was LPL Financial, an estimated $3.14M added.
- The largest PIMCO Municipal Income Fund II seller in Q1 2016 was Cohen & Steers, an estimated $1.84M sold.
Based on aggregated 13F filings for Q1 2016.