PIMCO New York Municipal Income Fund II
26 hedge funds and large institutions have $13.6M invested in PIMCO New York Municipal Income Fund II in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 4 reducing their positions, and 3 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 4
9% more capital invested
Capital invested by funds: $12.4M → $13.6M (+$1.17M)
1.48% more ownership
Funds ownership: 14.5% → 15.98% (+1.5%)
4% less funds holding
Funds holding: 27 → 26 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$746K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$619K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$173K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$103K |
| 5 |
Bank of New York Mellon
New York
|
+$89.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$267K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$96.2K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$95.5K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$81.1K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$56.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
26
FNY Investment Advisers
New York
| $1K | – | – | – |
|
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$96.2K | -12,442 | Closed |
|
|
NA
28
NewEdge Advisors
New Orleans,
Louisiana
| – | -$95.5K | -12,400 | Closed |
|
|
LCM
29
Landscape Capital Management
Englewood,
New Jersey
| – | -$81.1K | -10,488 | Closed |
|
PNI Hedge Fund Activity: Q2 2023 in Review
26 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in PIMCO New York Municipal Income Fund II (PNI) for Q2 2023, worth a combined $13.6M — up 9.4% from $12.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PNI and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 14 added.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $746K. The largest seller was Guggenheim Capital, cutting an estimated $267K.
- 26 institutional investors held PIMCO New York Municipal Income Fund II (PNI) as of Q2 2023, down from 27 in Q1 2023.
- Funds reported $13.6M of PIMCO New York Municipal Income Fund II stock for Q2 2023, up 9.4% quarter-over-quarter.
- 2 funds opened new PIMCO New York Municipal Income Fund II positions in Q2 2023 and 3 closed out, a net change of -1 holder.
- The largest PIMCO New York Municipal Income Fund II buyer in Q2 2023 was Robinson Capital Management, an estimated $746K added.
- The largest PIMCO New York Municipal Income Fund II seller in Q2 2023 was Guggenheim Capital, an estimated $267K sold.
Based on aggregated 13F filings for Q2 2023.