PIMCO Municipal Income Fund II
PML
66 hedge funds and large institutions have $58M invested in PIMCO Municipal Income Fund II in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
6% more funds holding
Funds holding: 62 → 66 (+4)
0.6% less ownership
Funds ownership: 7.52% → 6.92% (-0.6%)
10% less capital invested
Capital invested by funds: $64.3M → $58M (-$6.23M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Selway Asset Management
|
+$1.25M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$870K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$265K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$264K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.43M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.62M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.05M |
| 4 |
Cohen & Steers
New York
|
-$687K |
| 5 |
GKWIM
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
|
-$620K |
PML Hedge Fund Activity: Q3 2016 in Review
66 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund II (PML) for Q3 2016, worth a combined $58M — down 9.7% from $64.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PML positions and 3 closed out — a net gain of 6 holders — while 20 added to existing stakes and 15 trimmed.
The largest buyer was Selway Asset Management, adding an estimated $1.25M. The largest seller was UBS Group, cutting an estimated $3.43M.
- 66 institutional investors held PIMCO Municipal Income Fund II (PML) as of Q3 2016, up from 62 in Q2 2016.
- Funds reported $58M of PIMCO Municipal Income Fund II stock for Q3 2016, down 9.7% quarter-over-quarter.
- 9 funds opened new PIMCO Municipal Income Fund II positions in Q3 2016 and 3 closed out, a net change of +6 holders.
- The largest PIMCO Municipal Income Fund II buyer in Q3 2016 was Selway Asset Management, an estimated $1.25M added.
- The largest PIMCO Municipal Income Fund II seller in Q3 2016 was UBS Group, an estimated $3.43M sold.
Based on aggregated 13F filings for Q3 2016.