PIMCO Municipal Income Fund III
PMX
PMX was delisted on the 1st of August, 2025.
71 hedge funds and large institutions have $61.2M invested in PIMCO Municipal Income Fund III in 2024 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 25 increasing their positions, 9 reducing their positions, and 15 closing their positions.
178% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 9
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
4% more funds holding
Funds holding: 68 → 71 (+3)
3.67% more ownership
Funds ownership: 21.14% → 24.81% (+3.7%)
5% more capital invested
Capital invested by funds: $58.5M → $61.2M (+$2.74M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$8.77M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.68M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$679K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$471K |
| 5 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
+$367K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.33M |
| 2 |
PWM
Palumbo Wealth Management
Great Neck,
New York
|
-$484K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$424K |
| 4 |
Jane Street
New York
|
-$361K |
| 5 |
GCP
Gill Capital Partners
Denver,
Colorado
|
-$342K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Invesco
Atlanta,
Georgia
| – | -$260K | -31,537 | Closed |
|
|
IWP
77
Innova Wealth Partners
Newtown,
Pennsylvania
| – | -$216K | -26,096 | Closed |
|
78
Focus Partners Wealth
Boston,
Massachusetts
| – | -$204K | -24,672 | Closed |
|
79
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$139K | -16,826 | Closed |
|
|
PVM
80
Palogic Value Management
Dallas,
Texas
| – | -$126K | -15,250 | Closed |
|
|
ATWA
81
Arbor Trust Wealth Advisors
Ann Arbor,
Michigan
| – | -$103K | -13,000 | Closed |
|
|
CAM
82
Concorde Asset Management
Ann Arbor,
Michigan
| – | -$90.7K | -10,980 | Closed |
|
|
PT
83
Plimoth Trust
Plymouth,
Massachusetts
| – | -$83.6K | -10,124 | Closed |
|
|
HCM
84
Hollencrest Capital Management
Newport Beach,
California
| – | -$78.3K | -9,475 | Closed |
|
|
UB
85
UMB Bank
Kansas City,
Missouri
| – | -$14.7K | -1,780 | Closed |
|
86
Jones Financial Companies
Des Peres,
Missouri
| – | -$11.9K | -1,424 | Closed |
|
|
RIL
87
Rothschild Investment LLC
Chicago,
Illinois
| – | -$11.6K | -1,400 | Closed |
|
PMX Hedge Fund Activity: Q4 2024 in Review
71 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund III (PMX) for Q4 2024, worth a combined $61.2M — up 4.7% from $58.5M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PMX positions and 15 closed out — a net gain of 5 holders — while 25 added to existing stakes and 9 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $8.77M. The largest seller was Morgan Stanley, cutting an estimated $2.33M.
- 71 institutional investors held PIMCO Municipal Income Fund III (PMX) as of Q4 2024, up from 68 in Q3 2024.
- Funds reported $61.2M of PIMCO Municipal Income Fund III stock for Q4 2024, up 4.7% quarter-over-quarter.
- 20 funds opened new PIMCO Municipal Income Fund III positions in Q4 2024 and 15 closed out, a net change of +5 holders.
- The largest PIMCO Municipal Income Fund III buyer in Q4 2024 was Rivernorth Capital Management, an estimated $8.77M added.
- The largest PIMCO Municipal Income Fund III seller in Q4 2024 was Morgan Stanley, an estimated $2.33M sold.
Based on aggregated 13F filings for Q4 2024.