PIMCO Municipal Income Fund II
PML
93 hedge funds and large institutions have $67.9M invested in PIMCO Municipal Income Fund II in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 17 closing their positions.
9% more capital invested
Capital invested by funds: $62.2M → $67.9M (+$5.73M)
8% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 26
0.46% more ownership
Funds ownership: 10.96% → 11.42% (+0.46%)
9% less funds holding
Funds holding: 102 → 93 (-9)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.15M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$1.91M |
| 3 |
BWG
Beta Wealth Group
San Diego,
California
|
+$1.19M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$798K |
| 5 |
Morgan Stanley
New York
|
+$737K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.96M |
| 2 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
-$452K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$434K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$413K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$411K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Citadel Advisors
Miami,
Florida
| – | -$121K | -13,405 | Closed |
|
102
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$91K | -10,049 | Closed |
|
|
ZIG
103
Zullo Investment Group
Scranton,
Pennsylvania
| – | -$81.4K | -9,000 | Closed |
|
|
AWM
104
Activest Wealth Management
Aventure,
Florida
| – | -$74.4K | -8,225 | Closed |
|
|
RBC
105
Romano Brothers & Co
Evanston,
Illinois
| – | -$54.2K | -6,000 | Closed |
|
|
MCC
106
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$44.7K | -4,941 | Closed |
|
|
AF
107
Affiance Financial
St. Louis Park,
Minnesota
| – | -$39.2K | -4,333 | Closed |
|
|
LC
108
Lindbrook Capital
Calabasas,
California
| – | -$37.2K | -4,119 | Closed |
|
|
USCWA
109
U.S. Capital Wealth Advisors
Austin,
Texas
| – | -$18.5K | -2,051 | Closed |
|
110
Fidelity Investments
Boston,
Massachusetts
| – | -$9 | -1 | Closed |
|
PML Hedge Fund Activity: Q1 2023 in Review
93 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund II (PML) for Q1 2023, worth a combined $67.9M — up 9.2% from $62.2M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of PML and 10 opened new positions — a net loss of 7 holders — while 26 trimmed existing stakes and 28 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $3.15M. The largest seller was Osaic Holdings, cutting an estimated $1.96M.
- 93 institutional investors held PIMCO Municipal Income Fund II (PML) as of Q1 2023, down from 102 in Q4 2022.
- Funds reported $67.9M of PIMCO Municipal Income Fund II stock for Q1 2023, up 9.2% quarter-over-quarter.
- 10 funds opened new PIMCO Municipal Income Fund II positions in Q1 2023 and 17 closed out, a net change of -7 holders.
- The largest PIMCO Municipal Income Fund II buyer in Q1 2023 was Rivernorth Capital Management, an estimated $3.15M added.
- The largest PIMCO Municipal Income Fund II seller in Q1 2023 was Osaic Holdings, an estimated $1.96M sold.
Based on aggregated 13F filings for Q1 2023.