PIMCO Municipal Income Fund II
PML
57 hedge funds and large institutions have $46.5M invested in PIMCO Municipal Income Fund II in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 10 closing their positions.
2% more capital invested
Capital invested by funds: $45.6M → $46.5M (+$844K)
0.52% less ownership
Funds ownership: 7.09% → 6.57% (-0.52%)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
3% less funds holding
Funds holding: 59 → 57 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| 1 |
Cohen & Steers
New York
|
+$888K |
| 2 |
AC
Alexandria Capital
Arlington,
Virginia
|
+$549K |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$286K |
| 4 |
Morgan Stanley
New York
|
+$285K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$234K |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.7M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.65M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$619K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$549K |
| 5 |
SG Americas Securities
New York
|
-$493K |
PML Hedge Fund Activity: Q1 2014 in Review
57 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund II (PML) for Q1 2014, worth a combined $46.5M — up 1.9% from $45.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PML and 8 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 14 added.
The largest buyer was Cohen & Steers, adding an estimated $888K. The largest seller was Invesco, cutting an estimated $1.7M.
- 57 institutional investors held PIMCO Municipal Income Fund II (PML) as of Q1 2014, down from 59 in Q4 2013.
- Funds reported $46.5M of PIMCO Municipal Income Fund II stock for Q1 2014, up 1.9% quarter-over-quarter.
- 8 funds opened new PIMCO Municipal Income Fund II positions in Q1 2014 and 10 closed out, a net change of -2 holders.
- The largest PIMCO Municipal Income Fund II buyer in Q1 2014 was Cohen & Steers, an estimated $888K added.
- The largest PIMCO Municipal Income Fund II seller in Q1 2014 was Invesco, an estimated $1.7M sold.
Based on aggregated 13F filings for Q1 2014.