PIMCO New York Municipal Income Fund II
13 hedge funds and large institutions have $5.75M invested in PIMCO New York Municipal Income Fund II in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
18% more funds holding
Funds holding: 11 → 13 (+2)
0.26% more ownership
Funds ownership: 3.62% → 3.87% (+0.26%)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
0% less capital invested
Capital invested by funds: $5.75M → $5.75M (-$1K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$525K |
| 2 |
LCM
Laurion Capital Management
New York
|
+$214K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$142K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$41.3K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$23.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$456K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$37.4K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$36.1K |
| 4 |
Morgan Stanley
New York
|
-$29.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $4.57M | +$525K | +37,485 | +12% |
|
|
2
Morgan Stanley
New York
| $287K | -$29.2K | -2,086 | -9% |
|
|
LCM
3
Laurion Capital Management
New York
| $206K | +$214K | +15,311 | New |
|
|
VKH
4
Virtu KCG Holdings
New York
| $136K | +$142K | +10,105 | New |
|
5
Wells Fargo
San Francisco,
California
| $131K | – | – | – |
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $107K | – | – | – |
|
|
AF
7
Arrow Financial
Glens Falls,
New York
| $81K | – | – | – |
|
|
8
Bank of America
Charlotte,
North Carolina
| $69K | -$37.4K | -2,670 | -34% |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $58K | +$41.3K | +2,951 | +211% |
|
|
AG
10
Advisor Group
Phoenix,
Arizona
| $41K | – | – | – |
|
|
11
UBS Group
Zurich,
Switzerland
| $37K | -$36.1K | -2,574 | -48% |
|
|
MFS
12
MSI Financial Services
Springfield,
Massachusetts
| $22K | +$23.3K | +1,660 | New |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| $3K | +$1.4K | +100 | +90% |
|
|
14
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$456K | -31,747 | Closed |
|
PNI Hedge Fund Activity: Q3 2016 in Review
13 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in PIMCO New York Municipal Income Fund II (PNI) for Q3 2016, worth a combined $5.75M — down 0.02% from $5.75M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PNI positions and 1 closed out — a net gain of 2 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $525K. The largest seller was Cetera Investment Advisers, exiting entirely with an estimated $456K sold.
- 13 institutional investors held PIMCO New York Municipal Income Fund II (PNI) as of Q3 2016, up from 11 in Q2 2016.
- Funds reported $5.75M of PIMCO New York Municipal Income Fund II stock for Q3 2016, down 0.02% quarter-over-quarter.
- 3 funds opened new PIMCO New York Municipal Income Fund II positions in Q3 2016 and 1 closed out, a net change of +2 holders.
- The largest PIMCO New York Municipal Income Fund II buyer in Q3 2016 was Guggenheim Capital, an estimated $525K added.
- The largest PIMCO New York Municipal Income Fund II seller in Q3 2016 was Cetera Investment Advisers, an estimated $456K sold.
Based on aggregated 13F filings for Q3 2016.