PIMCO Municipal Income Fund II
PML
69 hedge funds and large institutions have $59.7M invested in PIMCO Municipal Income Fund II in 2016 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
6% more funds holding
Funds holding: 65 → 69 (+4)
1.02% more ownership
Funds ownership: 6.91% → 7.92% (+1%)
3% more capital invested
Capital invested by funds: $58M → $59.7M (+$1.7M)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.62M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.67M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.64M |
| 4 |
LCM
Laurion Capital Management
New York
|
+$1.23M |
| 5 |
Cohen & Steers
New York
|
+$919K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.55M |
| 2 |
SA
Strategic Advisors
New York
|
-$1.01M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$863K |
| 4 |
Morgan Stanley
New York
|
-$633K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$607K |
PML Hedge Fund Activity: Q4 2016 in Review
69 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund II (PML) for Q4 2016, worth a combined $59.7M — up 2.9% from $58M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PML positions and 9 closed out — a net gain of 5 holders — while 19 added to existing stakes and 22 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $6.62M. The largest seller was Invesco, cutting an estimated $1.55M.
- 69 institutional investors held PIMCO Municipal Income Fund II (PML) as of Q4 2016, up from 65 in Q3 2016.
- Funds reported $59.7M of PIMCO Municipal Income Fund II stock for Q4 2016, up 2.9% quarter-over-quarter.
- 14 funds opened new PIMCO Municipal Income Fund II positions in Q4 2016 and 9 closed out, a net change of +5 holders.
- The largest PIMCO Municipal Income Fund II buyer in Q4 2016 was Rivernorth Capital Management, an estimated $6.62M added.
- The largest PIMCO Municipal Income Fund II seller in Q4 2016 was Invesco, an estimated $1.55M sold.
Based on aggregated 13F filings for Q4 2016.