PIMCO New York Municipal Income Fund II
11 hedge funds and large institutions have $2.21M invested in PIMCO New York Municipal Income Fund II in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
14% more capital invested
Capital invested by funds: $1.93M → $2.21M (+$273K)
10% more funds holding
Funds holding: 10 → 11 (+1)
0.41% more ownership
Funds ownership: 1.56% → 1.97% (+0.41%)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$393K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$285K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$12.7K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$9.52K |
| 5 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
+$254 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$94.1K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$93.7K |
| 3 |
Morgan Stanley
New York
|
-$23.7K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.76K |
| 5 |
RFA
Reilly Financial Advisors
La Mesa,
California
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $1.46M | +$393K | +37,184 | +35% |
|
|
VKH
2
Virtu KCG Holdings
New York
| $276K | +$285K | +26,988 | New |
|
|
3
Morgan Stanley
New York
| $129K | -$23.7K | -2,245 | -15% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $107K | -$94.1K | -8,900 | -46% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $87K | -$93.7K | -8,861 | -51% |
|
6
Citigroup
New York
| $51K | – | – | – |
|
|
U
7
UBS
Zurich,
Switzerland
| $40K | +$12.7K | +1,202 | +44% |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $28K | – | – | – |
|
|
9
Wells Fargo
San Francisco,
California
| $19K | -$4.76K | -450 | -19% |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| $14K | +$9.52K | +900 | +180% |
|
|
RFA
11
Reilly Financial Advisors
La Mesa,
California
| – | -$3K | -300 | Closed |
|
|
CTC
12
Central Trust Company
Jefferson City,
Missouri
| – | +$254 | +24 | New |
|
PNI Hedge Fund Activity: Q4 2013 in Review
11 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in PIMCO New York Municipal Income Fund II (PNI) for Q4 2013, worth a combined $2.21M — up 14% from $1.93M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PNI positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $393K. The largest seller was Royal Bank of Canada, cutting an estimated $94.1K.
- 11 institutional investors held PIMCO New York Municipal Income Fund II (PNI) as of Q4 2013, up from 10 in Q3 2013.
- Funds reported $2.21M of PIMCO New York Municipal Income Fund II stock for Q4 2013, up 14% quarter-over-quarter.
- 2 funds opened new PIMCO New York Municipal Income Fund II positions in Q4 2013 and 1 closed out, a net change of +1 holder.
- The largest PIMCO New York Municipal Income Fund II buyer in Q4 2013 was Guggenheim Capital, an estimated $393K added.
- The largest PIMCO New York Municipal Income Fund II seller in Q4 2013 was Royal Bank of Canada, an estimated $94.1K sold.
Based on aggregated 13F filings for Q4 2013.