PIMCO New York Municipal Income Fund II
25 hedge funds and large institutions have $14.7M invested in PIMCO New York Municipal Income Fund II in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 3 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
11% more capital invested
Capital invested by funds: $13.3M → $14.7M (+$1.41M)
1.66% more ownership
Funds ownership: 16.08% → 17.73% (+1.7%)
0% more funds holding
Funds holding: 25 → 25 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.16M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$211K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$168K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$100K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$83.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$116K |
| 2 |
Bank of New York Mellon
New York
|
-$94.5K |
| 3 |
Lido Advisors
Los Angeles,
California
|
-$93.6K |
| 4 |
LPL Financial
San Diego,
California
|
-$79.7K |
| 5 |
Morgan Stanley
New York
|
-$79.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Bank of New York Mellon
New York
| – | -$94.5K | -12,741 | Closed |
|
|
27
LPL Financial
San Diego,
California
| – | -$79.7K | -10,744 | Closed |
|
|
FIA
28
FNY Investment Advisers
New York
| – | -$1 | -200 | Closed |
|
PNI Hedge Fund Activity: Q2 2024 in Review
25 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in PIMCO New York Municipal Income Fund II (PNI) for Q2 2024, worth a combined $14.7M — up 11% from $13.3M a quarter earlier.
Fund positioning in PNI was balanced in Q2 2024: 3 funds opened new positions, 3 closed out, 10 added to existing stakes and 7 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $1.16M. The largest seller was Rivernorth Capital Management, cutting an estimated $116K.
- 25 institutional investors held PIMCO New York Municipal Income Fund II (PNI) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $14.7M of PIMCO New York Municipal Income Fund II stock for Q2 2024, up 11% quarter-over-quarter.
- 3 funds opened new PIMCO New York Municipal Income Fund II positions in Q2 2024 and 3 closed out, a net change of 0 holders.
- The largest PIMCO New York Municipal Income Fund II buyer in Q2 2024 was Saba Capital Management, an estimated $1.16M added.
- The largest PIMCO New York Municipal Income Fund II seller in Q2 2024 was Rivernorth Capital Management, an estimated $116K sold.
Based on aggregated 13F filings for Q2 2024.