PIMCO Municipal Income Fund II
PML
98 hedge funds and large institutions have $108M invested in PIMCO Municipal Income Fund II in 2025 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 18 reducing their positions, and 16 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 18
1.96% more ownership
Funds ownership: 18.06% → 20.02% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 102 → 98 (-4)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
88% less capital invested
Capital invested by funds: $884M → $108M (-$777M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.56M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.22M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.87M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.64M |
| 5 |
PAS
Park Avenue Securities
New York
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$1.92M |
| 2 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
-$495K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$490K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$484K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$421K |
PML Hedge Fund Activity: Q1 2025 in Review
98 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund II (PML) for Q1 2025, worth a combined $108M — down 88% from $884M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PML and 13 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 32 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.56M. The largest seller was Nine Masts Capital, exiting entirely with an estimated $1.92M sold.
- 98 institutional investors held PIMCO Municipal Income Fund II (PML) as of Q1 2025, down from 102 in Q4 2024.
- Funds reported $108M of PIMCO Municipal Income Fund II stock for Q1 2025, down 88% quarter-over-quarter.
- 13 funds opened new PIMCO Municipal Income Fund II positions in Q1 2025 and 16 closed out, a net change of -3 holders.
- The largest PIMCO Municipal Income Fund II buyer in Q1 2025 was Rivernorth Capital Management, an estimated $2.56M added.
- The largest PIMCO Municipal Income Fund II seller in Q1 2025 was Nine Masts Capital, an estimated $1.92M sold.
Based on aggregated 13F filings for Q1 2025.