PIMCO Municipal Income Fund III
PMX
PMX was delisted on the 1st of August, 2025.
84 hedge funds and large institutions have $50.9M invested in PIMCO Municipal Income Fund III in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 13 closing their positions.
123% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 13
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
44% more capital invested
Capital invested by funds: $35.3M → $50.9M (+$15.6M)
24% more funds holding
Funds holding: 68 → 84 (+16)
4.16% more ownership
Funds ownership: 16.37% → 20.53% (+4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$5.77M |
| 2 |
Morgan Stanley
New York
|
+$4.52M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.97M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.02M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$928K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$8.06M |
| 2 |
Bank of New York Mellon
New York
|
-$572K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$531K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$438K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$306K |
PMX Hedge Fund Activity: Q4 2023 in Review
84 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund III (PMX) for Q4 2023, worth a combined $50.9M — up 44% from $35.3M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PMX positions and 13 closed out — a net gain of 16 holders — while 26 added to existing stakes and 16 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $5.77M. The largest seller was Rivernorth Capital Management, cutting an estimated $8.06M.
- 84 institutional investors held PIMCO Municipal Income Fund III (PMX) as of Q4 2023, up from 68 in Q3 2023.
- Funds reported $50.9M of PIMCO Municipal Income Fund III stock for Q4 2023, up 44% quarter-over-quarter.
- 29 funds opened new PIMCO Municipal Income Fund III positions in Q4 2023 and 13 closed out, a net change of +16 holders.
- The largest PIMCO Municipal Income Fund III buyer in Q4 2023 was Fiera Capital (Canada), an estimated $5.77M added.
- The largest PIMCO Municipal Income Fund III seller in Q4 2023 was Rivernorth Capital Management, an estimated $8.06M sold.
Based on aggregated 13F filings for Q4 2023.