PIMCO Municipal Income Fund III
PMX
PMX was delisted on the 1st of August, 2025.
60 hedge funds and large institutions have $62.8M invested in PIMCO Municipal Income Fund III in 2025 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 30 increasing their positions, 14 reducing their positions, and 12 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 14
1.35% more ownership
Funds ownership: 24.81% → 26.16% (+1.3%)
3% more capital invested
Capital invested by funds: $61.2M → $62.8M (+$1.57M)
15% less funds holding
Funds holding: 71 → 60 (-11)
83% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.82M |
| 2 |
Bank of New York Mellon
New York
|
+$491K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$350K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$295K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.06M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$692K |
| 3 |
Morgan Stanley
New York
|
-$612K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$347K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$331K |
PMX Hedge Fund Activity: Q1 2025 in Review
60 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in PIMCO Municipal Income Fund III (PMX) for Q1 2025, worth a combined $62.8M — up 2.6% from $61.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PMX and 2 opened new positions — a net loss of 10 holders — while 14 trimmed existing stakes and 30 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $5.82M. The largest seller was Advisors Asset Management, cutting an estimated $1.06M.
- 60 institutional investors held PIMCO Municipal Income Fund III (PMX) as of Q1 2025, down from 71 in Q4 2024.
- Funds reported $62.8M of PIMCO Municipal Income Fund III stock for Q1 2025, up 2.6% quarter-over-quarter.
- 2 funds opened new PIMCO Municipal Income Fund III positions in Q1 2025 and 12 closed out, a net change of -10 holders.
- The largest PIMCO Municipal Income Fund III buyer in Q1 2025 was Rivernorth Capital Management, an estimated $5.82M added.
- The largest PIMCO Municipal Income Fund III seller in Q1 2025 was Advisors Asset Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q1 2025.