PIMCO Municipal Income Fund II
PML
58 hedge funds and large institutions have $45.9M invested in PIMCO Municipal Income Fund II in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
2% more funds holding
Funds holding: 57 → 58 (+1)
0.25% less ownership
Funds ownership: 6.57% → 6.32% (-0.25%)
1% less capital invested
Capital invested by funds: $46.5M → $45.9M (-$529K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$438K |
| 2 |
Cohen & Steers
New York
|
+$376K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$229K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$218K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.68M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$376K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$350K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$308K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$220K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FNBT
51
FineMark National Bank & Trust
Fort Myers,
Florida
| $13K | +$13.1K | +1,100 | New |
|
52
Creative Planning
Overland Park,
Kansas
| $12K | – | – | – |
|
|
RFA
53
Reilly Financial Advisors
La Mesa,
California
| $12K | – | – | – |
|
|
BRWA
54
B. Riley Wealth Advisors
Boca Raton,
Florida
| $11.8K | +$11.8K | +988 | New |
|
|
FMP
55
Financial Management Professionals
Austin,
Texas
| $4K | – | – | – |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| $2K | – | – | – |
|
|
57
Northern Trust
Chicago,
Illinois
| $2K | +$218K | +18,300 | New |
|
|
VKH
58
Virtu KCG Holdings
New York
| – | -$220K | -18,961 | Closed |
|
|
UCFA
59
United Capital Financial Advisors
Irving,
Texas
| – | -$128K | -11,008 | Closed |
|
60
AllianceBernstein
Nashville,
Tennessee
| – | -$53K | -4,600 | Closed |
|
|
MAS
61
Madden Advisory Services
Jacksonville,
Florida
| – | -$17K | -1,500 | Closed |
|
PML Hedge Fund Activity: Q2 2014 in Review
58 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund II (PML) for Q2 2014, worth a combined $45.9M — down 1.1% from $46.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PML positions and 4 closed out — a net gain of 1 holder — while 15 added to existing stakes and 13 trimmed.
The largest buyer was UBS, adding an estimated $438K. The largest seller was Guggenheim Capital, cutting an estimated $1.68M.
- 58 institutional investors held PIMCO Municipal Income Fund II (PML) as of Q2 2014, up from 57 in Q1 2014.
- Funds reported $45.9M of PIMCO Municipal Income Fund II stock for Q2 2014, down 1.1% quarter-over-quarter.
- 5 funds opened new PIMCO Municipal Income Fund II positions in Q2 2014 and 4 closed out, a net change of +1 holder.
- The largest PIMCO Municipal Income Fund II buyer in Q2 2014 was UBS, an estimated $438K added.
- The largest PIMCO Municipal Income Fund II seller in Q2 2014 was Guggenheim Capital, an estimated $1.68M sold.
Based on aggregated 13F filings for Q2 2014.