PIMCO New York Municipal Income Fund II
9 hedge funds and large institutions have $3.23M invested in PIMCO New York Municipal Income Fund II in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0.1% less ownership
Funds ownership: 2.46% → 2.36% (-0.1%)
1% less capital invested
Capital invested by funds: $3.28M → $3.23M (-$49.2K)
18% less funds holding
Funds holding: 11 → 9 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$217K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$29.4K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$728 |
| 4 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$288 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$166K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$94.1K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$69.2K |
| 4 |
Morgan Stanley
New York
|
-$43.2K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$5 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $2.54M | +$217K | +17,331 | +9% |
|
|
2
Morgan Stanley
New York
| $231K | -$43.2K | -3,441 | -16% |
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $138K | – | – | – |
|
|
4
Bank of America
Charlotte,
North Carolina
| $95K | -$94.1K | -7,500 | -50% |
|
|
5
Wells Fargo
San Francisco,
California
| $92K | +$728 | +58 | +0.8% |
|
|
6
UBS Group
Zurich,
Switzerland
| $65K | +$29.4K | +2,342 | +83% |
|
7
Citigroup
New York
| $62K | – | – | – |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $13K | – | – | – |
|
|
VKH
9
Virtu KCG Holdings
New York
| – | -$166K | -13,601 | Closed |
|
|
NPC
10
National Planning Corporation
El Segundo,
California
| – | -$69.2K | -5,500 | Closed |
|
|
BRWA
11
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$5 | -399 | Closed |
|
|
BIM
12
BlackRock Investment Management
Wilmington,
Delaware
| – | +$288 | +23 | New |
|
PNI Hedge Fund Activity: Q1 2015 in Review
9 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in PIMCO New York Municipal Income Fund II (PNI) for Q1 2015, worth a combined $3.23M — down 1.5% from $3.28M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PNI and 1 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 $217K. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $166K sold.
- 9 institutional investors held PIMCO New York Municipal Income Fund II (PNI) as of Q1 2015, down from 11 in Q4 2014.
- Funds reported $3.23M of PIMCO New York Municipal Income Fund II stock for Q1 2015, down 1.5% quarter-over-quarter.
- 1 fund opened new PIMCO New York Municipal Income Fund II positions in Q1 2015 and 3 closed out, a net change of -2 holders.
- The largest PIMCO New York Municipal Income Fund II buyer in Q1 2015 was Guggenheim Capital, an estimated $217K added.
- The largest PIMCO New York Municipal Income Fund II seller in Q1 2015 was Virtu KCG Holdings, an estimated $166K sold.
Based on aggregated 13F filings for Q1 2015.