PIMCO Municipal Income Fund II
PML
62 hedge funds and large institutions have $54.5M invested in PIMCO Municipal Income Fund II in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 25 increasing their positions, 14 reducing their positions, and 11 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 14
0.93% less ownership
Funds ownership: 7.92% → 7% (-0.93%)
9% less capital invested
Capital invested by funds: $59.7M → $54.5M (-$5.2M)
10% less funds holding
Funds holding: 69 → 62 (-7)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Selway Asset Management
|
+$1.64M |
| 2 |
AC
Alexandria Capital
Arlington,
Virginia
|
+$1.1M |
| 3 |
AF
Affiance Financial
St. Louis Park,
Minnesota
|
+$993K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$508K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$361K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.47M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.45M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$1.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.11M |
| 5 |
LPL Financial
San Diego,
California
|
-$418K |
PML Hedge Fund Activity: Q1 2017 in Review
62 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund II (PML) for Q1 2017, worth a combined $54.5M — down 8.7% from $59.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PML and 5 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 25 added.
The largest buyer was Selway Asset Management, adding an estimated $1.64M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $6.47M sold.
- 62 institutional investors held PIMCO Municipal Income Fund II (PML) as of Q1 2017, down from 69 in Q4 2016.
- Funds reported $54.5M of PIMCO Municipal Income Fund II stock for Q1 2017, down 8.7% quarter-over-quarter.
- 5 funds opened new PIMCO Municipal Income Fund II positions in Q1 2017 and 11 closed out, a net change of -6 holders.
- The largest PIMCO Municipal Income Fund II buyer in Q1 2017 was Selway Asset Management, an estimated $1.64M added.
- The largest PIMCO Municipal Income Fund II seller in Q1 2017 was Rivernorth Capital Management, an estimated $6.47M sold.
Based on aggregated 13F filings for Q1 2017.