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PML

PIMCO Municipal Income Fund II

59 hedge funds and large institutions have $45.6M invested in PIMCO Municipal Income Fund II in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 5

18% more funds holding

Funds holding: 5059 (+9)

8% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 13

0.03% less ownership

Funds ownership: 7.11%7.09% (-0.03%)

3% less capital invested

Capital invested by funds: $47.1M → $45.6M (-$1.49M)

Holders
59
Holders Change
+9
Holders Change %
+18%
% of All Funds
1.71%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
14
Reduced
13
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$8.37M -$989K -92,031 -10%
RCM
2
Rivernorth Capital Management
Florida
$4.87M +$1,000K +93,037 +26%
Cohen & Steers
3
Cohen & Steers
New York
$4.34M +$1.25M +116,735 +40%
GC
4
Guggenheim Capital
Illinois
$4.34M -$2.58M -240,216 -37%
Bank of America
5
Bank of America
North Carolina
$4.14M +$304K +28,304 +8%
Morgan Stanley
6
Morgan Stanley
New York
$3.03M -$147K -13,708 -5%
MIG
7
Mariner Investment Group
New York
$1.65M +$1.66M +154,661 New
LPL Financial
8
LPL Financial
California
$1.63M -$174K -16,153 -10%
N
9
Nuveen
North Carolina
$1.55M +$84.4K +7,855 +6%
FAAS
10
First Allied Advisory Services
California
$1.27M +$90K +8,378 +8%
SIA
11
Sit Investment Associates
Minnesota
$1.09M +$12.3K +1,142 +1%
U
12
UBS
Switzerland
$1.04M -$863K -80,344 -45%
Fifth Third Bancorp
13
Fifth Third Bancorp
Ohio
$806K
AC
14
Alexandria Capital
Virginia
$748K -$781K -72,685 -51%
Wells Fargo
15
Wells Fargo
California
$730K +$117K +10,894 +19%
RJA
16
Raymond James & Associates
Florida
$523K -$9.67K -900 -2%
SG Americas Securities
17
SG Americas Securities
New York
$493K +$497K +46,294 New
CIA
18
Capital Investment Advisors
Georgia
$410K +$413K +38,440 New
HK
19
Horizon Kinetics
New York
$333K
FFA
20
First Foundation Advisors
California
$317K +$320K +29,755 New
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$313K +$21.5K +2,000 +7%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$298K -$38.5K -3,579 -11%
VanEck Associates
23
VanEck Associates
New York
$287K +$4.23K +394 +1%
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
$267K
VKH
25
Virtu KCG Holdings
New York
$225K +$227K +21,145 New

PML Hedge Fund Activity: Q4 2013 in Review

59 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund II (PML) for Q4 2013, worth a combined $45.6M — down 3.2% from $47.1M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new PML positions and 5 closed out — a net gain of 10 holders — while 14 added to existing stakes and 13 trimmed.

The largest buyer was Mariner Investment Group, opening a new position worth an estimated $1.66M. The largest seller was Guggenheim Capital, cutting an estimated $2.58M.

  • 59 institutional investors held PIMCO Municipal Income Fund II (PML) as of Q4 2013, up from 50 in Q3 2013.
  • Funds reported $45.6M of PIMCO Municipal Income Fund II stock for Q4 2013, down 3.2% quarter-over-quarter.
  • 15 funds opened new PIMCO Municipal Income Fund II positions in Q4 2013 and 5 closed out, a net change of +10 holders.
  • The largest PIMCO Municipal Income Fund II buyer in Q4 2013 was Mariner Investment Group, an estimated $1.66M added.
  • The largest PIMCO Municipal Income Fund II seller in Q4 2013 was Guggenheim Capital, an estimated $2.58M sold.

Based on aggregated 13F filings for Q4 2013.