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PML

PIMCO Municipal Income Fund II

69 hedge funds and large institutions have $59.7M invested in PIMCO Municipal Income Fund II in 2016 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 9

6% more funds holding

Funds holding: 6569 (+4)

1.02% more ownership

Funds ownership: 6.91%7.92% (+1%)

3% more capital invested

Capital invested by funds: $58M → $59.7M (+$1.7M)

14% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 22

Holders
69
Holders Change
+4
Holders Change %
+6.15%
% of All Funds
1.73%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
19
Reduced
22
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$8.17M +$260K +20,832 +3%
RCM
2
Rivernorth Capital Management
Florida
$6.47M +$6.62M +529,308 New
UBS Group
3
UBS Group
Switzerland
$5.61M +$1.67M +133,598 +41%
Morgan Stanley
4
Morgan Stanley
New York
$4.51M -$633K -50,649 -12%
Invesco
5
Invesco
Georgia
$3.82M -$1.55M -123,843 -28%
SAM
6
Selway Asset Management
$3.33M +$706K +56,430 +26%
AC
7
Alexandria Capital
Virginia
$3.17M +$245K +19,577 +8%
LPL Financial
8
LPL Financial
California
$1.9M +$36.4K +2,912 +2%
Wells Fargo
9
Wells Fargo
California
$1.62M +$238K +19,028 +17%
GC
10
Guggenheim Capital
Illinois
$1.6M +$1.64M +130,922 New
N
11
Nuveen
North Carolina
$1.4M
LCM
12
Laurion Capital Management
New York
$1.2M +$1.23M +98,050 New
TCM
13
Traynor Capital Management
Pennsylvania
$1.16M +$31.8K +2,541 +3%
Stifel Financial
14
Stifel Financial
Missouri
$1.12M -$81.1K -6,487 -7%
Cohen & Steers
15
Cohen & Steers
New York
$1.02M +$919K +73,484 +758%
AF
16
Affiance Financial
Minnesota
$995K -$221K -17,648 -18%
VanEck Associates
17
VanEck Associates
New York
$867K -$408K -32,637 -31%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$823K +$66.1K +5,290 +9%
RJFSA
19
Raymond James Financial Services Advisors
Florida
$779K -$459K -36,697 -37%
Fifth Third Bancorp
20
Fifth Third Bancorp
Ohio
$657K
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$585K +$49K +3,919 +9%
CIA
22
Capital Investment Advisors
Georgia
$520K +$2.5K +200 +0.5%
BFEC
23
Benjamin F. Edwards & Company
Missouri
$514K -$16.2K -1,295 -3%
RJA
24
Raymond James & Associates
Florida
$488K -$600 -48 -0.1%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$477K -$4.25K -340 -0.9%

PML Hedge Fund Activity: Q4 2016 in Review

69 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund II (PML) for Q4 2016, worth a combined $59.7M — up 2.9% from $58M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new PML positions and 9 closed out — a net gain of 5 holders — while 19 added to existing stakes and 22 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $6.62M. The largest seller was Invesco, cutting an estimated $1.55M.

  • 69 institutional investors held PIMCO Municipal Income Fund II (PML) as of Q4 2016, up from 65 in Q3 2016.
  • Funds reported $59.7M of PIMCO Municipal Income Fund II stock for Q4 2016, up 2.9% quarter-over-quarter.
  • 14 funds opened new PIMCO Municipal Income Fund II positions in Q4 2016 and 9 closed out, a net change of +5 holders.
  • The largest PIMCO Municipal Income Fund II buyer in Q4 2016 was Rivernorth Capital Management, an estimated $6.62M added.
  • The largest PIMCO Municipal Income Fund II seller in Q4 2016 was Invesco, an estimated $1.55M sold.

Based on aggregated 13F filings for Q4 2016.