PIMCO New York Municipal Income Fund II
10 hedge funds and large institutions have $1.93M invested in PIMCO New York Municipal Income Fund II in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 1 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
18% more capital invested
Capital invested by funds: $1.64M → $1.93M (+$295K)
11% more funds holding
Funds holding: 9 → 10 (+1)
0.25% more ownership
Funds ownership: 1.31% → 1.56% (+0.25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$189K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$57.5K |
| 3 |
Morgan Stanley
New York
|
+$29.5K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$21.5K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$10.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$25K |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$2.12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $1.19M | +$189K | +17,583 | +20% |
|
|
2
Royal Bank of Canada
Toronto,
Ontario, Canada
| $220K | +$21.5K | +2,000 | +11% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $197K | +$57.5K | +5,339 | +44% |
|
|
4
Morgan Stanley
New York
| $169K | +$29.5K | +2,745 | +23% |
|
5
Citigroup
New York
| $57K | – | – | – |
|
|
U
6
UBS
Zurich,
Switzerland
| $31K | -$2.12K | -197 | -7% |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $31K | – | – | – |
|
|
8
Wells Fargo
San Francisco,
California
| $27K | +$10.8K | +1,001 | +74% |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $6K | +$5.38K | +500 | New |
|
|
RFA
10
Reilly Financial Advisors
La Mesa,
California
| $3K | +$3.23K | +300 | New |
|
|
11
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$25K | -2,225 | Closed |
|
PNI Hedge Fund Activity: Q3 2013 in Review
10 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in PIMCO New York Municipal Income Fund II (PNI) for Q3 2013, worth a combined $1.93M — up 18% from $1.64M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PNI positions and 1 closed out — a net gain of 1 holder — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $189K. The largest seller was Deutsche Bank, exiting entirely with an estimated $25K sold.
- 10 institutional investors held PIMCO New York Municipal Income Fund II (PNI) as of Q3 2013, up from 9 in Q2 2013.
- Funds reported $1.93M of PIMCO New York Municipal Income Fund II stock for Q3 2013, up 18% quarter-over-quarter.
- 2 funds opened new PIMCO New York Municipal Income Fund II positions in Q3 2013 and 1 closed out, a net change of +1 holder.
- The largest PIMCO New York Municipal Income Fund II buyer in Q3 2013 was Guggenheim Capital, an estimated $189K added.
- The largest PIMCO New York Municipal Income Fund II seller in Q3 2013 was Deutsche Bank, an estimated $25K sold.
Based on aggregated 13F filings for Q3 2013.