PIMCO Municipal Income Fund II
PML
59 hedge funds and large institutions have $45.6M invested in PIMCO Municipal Income Fund II in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
18% more funds holding
Funds holding: 50 → 59 (+9)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
0.03% less ownership
Funds ownership: 7.11% → 7.09% (-0.03%)
3% less capital invested
Capital invested by funds: $47.1M → $45.6M (-$1.49M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.66M |
| 2 |
Cohen & Steers
New York
|
+$1.25M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1,000K |
| 4 |
SG Americas Securities
New York
|
+$497K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$320K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.58M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$989K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$863K |
| 4 |
AC
Alexandria Capital
Arlington,
Virginia
|
-$781K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$255K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1IC
51
1919 Investment Counsel
Baltimore,
Maryland
| $12K | – | – | – |
|
|
RFA
52
Reilly Financial Advisors
La Mesa,
California
| $11K | – | – | – |
|
|
WRM
53
Westport Resources Management
Westport,
Connecticut
| $11K | – | – | – |
|
54
Ameriprise
Minneapolis,
Minnesota
| $10K | +$9.67K | +900 | New |
|
|
AIG
55
American International Group
New York
| $7.28K | – | – | – |
|
|
FMP
56
Financial Management Professionals
Austin,
Texas
| $4K | – | – | – |
|
|
ASN
57
Advisory Services Network
Atlanta,
Georgia
| $3K | +$3.03K | +282 | New |
|
|
OFG
58
OTA Financial Group
Purchase,
New York
| $488 | -$15.2K | -1,411 | -3% |
|
|
CA
59
Cetera Advisors
Denver,
Colorado
| – | -$255K | -23,120 | Closed |
|
|
B
60
Baird
Milwaukee,
Wisconsin
| – | -$173K | -15,648 | Closed |
|
|
PP
61
Paloma Partners
Greenwich,
Connecticut
| – | -$143K | -12,964 | Closed |
|
|
RIA
62
Regal Investment Advisors
Kentwood,
Michigan
| – | -$8K | -700 | Closed |
|
|
TRCT
63
Tower Research Capital (TRC)
New York
| – | -$2K | -146 | Closed |
|
|
CTC
64
Central Trust Company
Jefferson City,
Missouri
| – | +$236 | +22 | New |
|
PML Hedge Fund Activity: Q4 2013 in Review
59 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund II (PML) for Q4 2013, worth a combined $45.6M — down 3.2% from $47.1M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PML positions and 5 closed out — a net gain of 10 holders — while 14 added to existing stakes and 13 trimmed.
The largest buyer was Mariner Investment Group, opening a new position worth an estimated $1.66M. The largest seller was Guggenheim Capital, cutting an estimated $2.58M.
- 59 institutional investors held PIMCO Municipal Income Fund II (PML) as of Q4 2013, up from 50 in Q3 2013.
- Funds reported $45.6M of PIMCO Municipal Income Fund II stock for Q4 2013, down 3.2% quarter-over-quarter.
- 15 funds opened new PIMCO Municipal Income Fund II positions in Q4 2013 and 5 closed out, a net change of +10 holders.
- The largest PIMCO Municipal Income Fund II buyer in Q4 2013 was Mariner Investment Group, an estimated $1.66M added.
- The largest PIMCO Municipal Income Fund II seller in Q4 2013 was Guggenheim Capital, an estimated $2.58M sold.
Based on aggregated 13F filings for Q4 2013.