PIMCO Municipal Income Fund III
PMX
PMX was delisted on the 1st of August, 2025.
68 hedge funds and large institutions have $35.3M invested in PIMCO Municipal Income Fund III in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 13 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
0.17% less ownership
Funds ownership: 16.54% → 16.37% (-0.17%)
6% less funds holding
Funds holding: 72 → 68 (-4)
20% less capital invested
Capital invested by funds: $44.4M → $35.3M (-$9.1M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.19M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$903K |
| 3 |
VanEck Associates
New York
|
+$459K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$443K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$354K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWG
Beta Wealth Group
San Diego,
California
|
-$2.04M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.41M |
| 3 |
Cohen & Steers
New York
|
-$709K |
| 4 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
-$384K |
| 5 |
PGWM
Parisi Gray Wealth Management
Mendham,
New Jersey
|
-$233K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Stifel Financial
St. Louis,
Missouri
| – | -$124K | -15,342 | Closed |
|
|
PAG
77
Private Advisor Group
Morristown,
New Jersey
| – | -$106K | -13,172 | Closed |
|
|
WI
78
Wintrust Investments
Chicago,
Illinois
| – | -$82K | -10,150 | Closed |
|
79
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$62.7K | -7,785 | Closed |
|
|
SS
80
Sunbelt Securities
Houston,
Texas
| – | -$121 | -15 | Closed |
|
81
Fidelity Investments
Boston,
Massachusetts
| – | -$8 | -1 | Closed |
|
PMX Hedge Fund Activity: Q3 2023 in Review
68 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund III (PMX) for Q3 2023, worth a combined $35.3M — down 20% from $44.4M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PMX and 9 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 24 added.
The largest buyer was Morgan Stanley, adding an estimated $1.19M. The largest seller was Beta Wealth Group, exiting entirely with an estimated $2.04M sold.
- 68 institutional investors held PIMCO Municipal Income Fund III (PMX) as of Q3 2023, down from 72 in Q2 2023.
- Funds reported $35.3M of PIMCO Municipal Income Fund III stock for Q3 2023, down 20% quarter-over-quarter.
- 9 funds opened new PIMCO Municipal Income Fund III positions in Q3 2023 and 13 closed out, a net change of -4 holders.
- The largest PIMCO Municipal Income Fund III buyer in Q3 2023 was Morgan Stanley, an estimated $1.19M added.
- The largest PIMCO Municipal Income Fund III seller in Q3 2023 was Beta Wealth Group, an estimated $2.04M sold.
Based on aggregated 13F filings for Q3 2023.