PIMCO Municipal Income Fund II
PML
168 hedge funds and large institutions have $283M invested in PIMCO Municipal Income Fund II in 2025 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 50 increasing their positions, 55 reducing their positions, and 16 closing their positions.
88% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 16
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
8% more funds holding
Funds holding: 156 → 168 (+12)
4% more capital invested
Capital invested by funds: $272M → $283M (+$10.5M)
9% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 55
21.05% less ownership
Funds ownership: 50.94% → 29.89% (-21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$29.1M |
| 2 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
+$6.32M |
| 3 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
+$4.81M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$3.72M |
| 5 |
Jane Street
New York
|
+$2.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$10.9M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$2.84M |
| 3 |
GCP
Gill Capital Partners
Denver,
Colorado
|
-$2.73M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.32M |
| 5 |
Morgan Stanley
New York
|
-$1.96M |
PML Hedge Fund Activity: Q4 2025 in Review
168 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund II (PML) for Q4 2025, worth a combined $283M — up 3.9% from $272M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PML positions and 16 closed out — a net gain of 14 holders — while 50 added to existing stakes and 55 trimmed.
The largest buyer was Bramshill Investments, adding an estimated $29.1M. The largest seller was Toronto Dominion Bank, exiting entirely with an estimated $10.9M sold.
- 168 institutional investors held PIMCO Municipal Income Fund II (PML) as of Q4 2025, up from 156 in Q3 2025.
- Funds reported $283M of PIMCO Municipal Income Fund II stock for Q4 2025, up 3.9% quarter-over-quarter.
- 30 funds opened new PIMCO Municipal Income Fund II positions in Q4 2025 and 16 closed out, a net change of +14 holders.
- The largest PIMCO Municipal Income Fund II buyer in Q4 2025 was Bramshill Investments, an estimated $29.1M added.
- The largest PIMCO Municipal Income Fund II seller in Q4 2025 was Toronto Dominion Bank, an estimated $10.9M sold.
Based on aggregated 13F filings for Q4 2025.