PIMCO New York Municipal Income Fund II
27 hedge funds and large institutions have $12.4M invested in PIMCO New York Municipal Income Fund II in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
13% more capital invested
Capital invested by funds: $11M → $12.4M (+$1.41M)
13% more funds holding
Funds holding: 24 → 27 (+3)
2.13% more ownership
Funds ownership: 12.37% → 14.5% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.51M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$299K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$250K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$163K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$546K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$112K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$69.7K |
| 4 |
FWM
Focused Wealth Management
Newburgh,
New York
|
-$61.3K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$23.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
26
FNY Investment Advisers
New York
| $1K | – | – | – |
|
27
Commonwealth Equity Services
Waltham,
Massachusetts
| $140 | +$433 | +55 | +0.3% |
|
|
28
Stifel Financial
St. Louis,
Missouri
| – | -$112K | -14,051 | Closed |
|
PNI Hedge Fund Activity: Q1 2023 in Review
27 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in PIMCO New York Municipal Income Fund II (PNI) for Q1 2023, worth a combined $12.4M — up 13% from $11M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PNI positions and 2 closed out — a net gain of 3 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.51M. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $546K.
- 27 institutional investors held PIMCO New York Municipal Income Fund II (PNI) as of Q1 2023, up from 24 in Q4 2022.
- Funds reported $12.4M of PIMCO New York Municipal Income Fund II stock for Q1 2023, up 13% quarter-over-quarter.
- 5 funds opened new PIMCO New York Municipal Income Fund II positions in Q1 2023 and 2 closed out, a net change of +3 holders.
- The largest PIMCO New York Municipal Income Fund II buyer in Q1 2023 was Rivernorth Capital Management, an estimated $1.51M added.
- The largest PIMCO New York Municipal Income Fund II seller in Q1 2023 was Hennion & Walsh Asset Management, an estimated $546K sold.
Based on aggregated 13F filings for Q1 2023.