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PML

PIMCO Municipal Income Fund II

156 hedge funds and large institutions have $272M invested in PIMCO Municipal Income Fund II in 2025 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 59 increasing their positions, 14 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

491% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 11

321% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 14

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

141% more capital invested

Capital invested by funds: $113M → $272M (+$159M)

51% more funds holding

Funds holding: 103156 (+53)

28.11% more ownership

Funds ownership: 22.83%50.94% (+28%)

Holders
156
Holders Change
+53
Holders Change %
+51.46%
% of All Funds
2.05%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.04%
New
65
Increased
59
Reduced
14
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$42.1M +$23.7M +3,211,830 +152%
HWAM
2
Hennion & Walsh Asset Management
New Jersey
$22.9M +$10.8M +1,459,549 +102%
BI
3
Bramshill Investments
Florida
$20.6M +$19.2M +2,608,260 New
GC
4
Guggenheim Capital
Illinois
$17.2M +$6.98M +947,314 +77%
Morgan Stanley
5
Morgan Stanley
New York
$15.7M +$3.91M +530,382 +36%
Wells Fargo
6
Wells Fargo
California
$12.1M +$3.42M +464,763 +44%
Toronto Dominion Bank
7
Toronto Dominion Bank
Ontario, Canada
$10.9M +$9.35M +1,269,352 +1,208%
VanEck Associates
8
VanEck Associates
New York
$6.26M +$3.42M +464,270 +142%
Fiera Capital (Canada)
9
Fiera Capital (Canada)
Quebec, Canada
$5.55M +$2.5M +339,650 +94%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$5.54M +$1.67M +226,712 +48%
GP
11
Gridiron Partners
Pennsylvania
$5.43M -$3.46M -469,985 -86%
AAM
12
Advisors Asset Management
Colorado
$5.03M +$4.68M +635,350 New
GCP
13
Gill Capital Partners
Colorado
$4.7M +$4.02M +546,299 +1,139%
Allspring Global Investments
14
Allspring Global Investments
North Carolina
$4.67M +$3.69M +500,639 +558%
Stifel Financial
15
Stifel Financial
Missouri
$4.31M +$2.76M +375,285 +221%
Truist Financial
16
Truist Financial
North Carolina
$4.26M +$3.7M +502,023 +1,360%
G
17
GenTrust
Florida
$4.13M +$3.83M +519,900 New
Cetera Investment Advisers
18
Cetera Investment Advisers
Illinois
$3.78M +$1.67M +226,992 +90%
UBS Group
19
UBS Group
Switzerland
$3.69M +$1.9M +258,255 +124%
COLIM
20
City of London Investment Management
United Kingdom
$3.65M +$3.4M +461,349 New
LPL Financial
21
LPL Financial
California
$3.51M +$1.89M +256,130 +136%
EIP
22
Ellis Investment Partners
Pennsylvania
$3.32M +$348K +47,264 +13%
WN
23
Williams & Novak
California
$3.25M +$3.03M +411,495 New
Bank of America
24
Bank of America
North Carolina
$3.2M +$2.19M +296,709 +276%
Osaic Holdings
25
Osaic Holdings
Arizona
$2.44M +$2.18M +295,384 +756%

PML Hedge Fund Activity: Q3 2025 in Review

156 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund II (PML) for Q3 2025, worth a combined $272M — up 141% from $113M a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new PML positions and 11 closed out — a net gain of 54 holders — while 59 added to existing stakes and 14 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $23.7M. The largest seller was Gridiron Partners, cutting an estimated $3.46M.

  • 156 institutional investors held PIMCO Municipal Income Fund II (PML) as of Q3 2025, up from 103 in Q2 2025.
  • Funds reported $272M of PIMCO Municipal Income Fund II stock for Q3 2025, up 141% quarter-over-quarter.
  • 65 funds opened new PIMCO Municipal Income Fund II positions in Q3 2025 and 11 closed out, a net change of +54 holders.
  • The largest PIMCO Municipal Income Fund II buyer in Q3 2025 was Rivernorth Capital Management, an estimated $23.7M added.
  • The largest PIMCO Municipal Income Fund II seller in Q3 2025 was Gridiron Partners, an estimated $3.46M sold.

Based on aggregated 13F filings for Q3 2025.