PIMCO New York Municipal Income Fund II
23 hedge funds and large institutions have $13.6M invested in PIMCO New York Municipal Income Fund II in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 4 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
20% more capital invested
Capital invested by funds: $11.4M → $13.6M (+$2.24M)
5% more funds holding
Funds holding: 22 → 23 (+1)
2.02% more ownership
Funds ownership: 8.43% → 10.45% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$3.17M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.17M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$224K |
| 4 |
Cohen & Steers
New York
|
+$212K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$160K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.99M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$327K |
| 3 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$134K |
| 4 |
LPL Financial
San Diego,
California
|
-$124K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$118K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PGWM
26
Parisi Gray Wealth Management
Mendham,
New Jersey
| – | -$52K | -4,323 | Closed |
|
27
Citigroup
New York
| – | -$5K | -450 | Closed |
|
PNI Hedge Fund Activity: Q3 2021 in Review
23 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in PIMCO New York Municipal Income Fund II (PNI) for Q3 2021, worth a combined $13.6M — up 20% from $11.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PNI positions and 4 closed out — a net gain of 1 holder — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Claybrook Capital, opening a new position worth an estimated $3.17M. The largest seller was Robinson Capital Management, cutting an estimated $1.99M.
- 23 institutional investors held PIMCO New York Municipal Income Fund II (PNI) as of Q3 2021, up from 22 in Q2 2021.
- Funds reported $13.6M of PIMCO New York Municipal Income Fund II stock for Q3 2021, up 20% quarter-over-quarter.
- 5 funds opened new PIMCO New York Municipal Income Fund II positions in Q3 2021 and 4 closed out, a net change of +1 holder.
- The largest PIMCO New York Municipal Income Fund II buyer in Q3 2021 was Claybrook Capital, an estimated $3.17M added.
- The largest PIMCO New York Municipal Income Fund II seller in Q3 2021 was Robinson Capital Management, an estimated $1.99M sold.
Based on aggregated 13F filings for Q3 2021.