PIMCO New York Municipal Income Fund II
9 hedge funds and large institutions have $2.32M invested in PIMCO New York Municipal Income Fund II in 2014 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
5% more capital invested
Capital invested by funds: $2.21M → $2.32M (+$118K)
0.1% less ownership
Funds ownership: 1.97% → 1.87% (-0.1%)
18% less funds holding
Funds holding: 11 → 9 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$171K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$23K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$4.53K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$276K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$14.3K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$7.85K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $1.79M | +$171K | +15,470 | +11% |
|
2
Morgan Stanley
New York
| $144K | – | – | – |
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $119K | – | – | – |
|
4
Bank of America
Charlotte,
North Carolina
| $96K | – | – | – |
|
5
Citigroup
New York
| $57K | – | – | – |
|
|
U
6
UBS
Zurich,
Switzerland
| $49K | +$4.53K | +410 | +10% |
|
|
7
Wells Fargo
San Francisco,
California
| $45K | +$23K | +2,080 | +109% |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $23K | -$7.85K | -711 | -26% |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $1K | -$14.3K | -1,300 | -93% |
|
|
VKH
10
Virtu KCG Holdings
New York
| – | -$276K | -26,988 | Closed |
|
PNI Hedge Fund Activity: Q1 2014 in Review
9 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in PIMCO New York Municipal Income Fund II (PNI) for Q1 2014, worth a combined $2.32M — up 5.3% from $2.21M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PNI and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Guggenheim Capital, adding an estimated $171K. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $276K sold.
- 9 institutional investors held PIMCO New York Municipal Income Fund II (PNI) as of Q1 2014, down from 11 in Q4 2013.
- Funds reported $2.32M of PIMCO New York Municipal Income Fund II stock for Q1 2014, up 5.3% quarter-over-quarter.
- 0 funds opened new PIMCO New York Municipal Income Fund II positions in Q1 2014 and 2 closed out, a net change of -2 holders.
- The largest PIMCO New York Municipal Income Fund II buyer in Q1 2014 was Guggenheim Capital, an estimated $171K added.
- The largest PIMCO New York Municipal Income Fund II seller in Q1 2014 was Virtu KCG Holdings, an estimated $276K sold.
Based on aggregated 13F filings for Q1 2014.