PIMCO New York Municipal Income Fund II
9 hedge funds and large institutions have $4.5M invested in PIMCO New York Municipal Income Fund II in 2016 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
0.49% less ownership
Funds ownership: 3.87% → 3.39% (-0.49%)
22% less capital invested
Capital invested by funds: $5.75M → $4.5M (-$1.25M)
31% less funds holding
Funds holding: 13 → 9 (-4)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$111K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$36.9K |
| 3 |
Morgan Stanley
New York
|
+$5.39K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$412K |
| 2 |
LCM
Laurion Capital Management
New York
|
-$206K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$136K |
| 4 |
AF
Arrow Financial
Glens Falls,
New York
|
-$81K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $3.68M | -$412K | -32,868 | -10% |
|
|
2
Morgan Stanley
New York
| $261K | +$5.39K | +430 | +2% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $169K | +$111K | +8,893 | +173% |
|
4
Wells Fargo
San Francisco,
California
| $117K | – | – | – |
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $96K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $69K | +$36.9K | +2,949 | +107% |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $52K | – | – | – |
|
|
AG
8
Advisor Group
Phoenix,
Arizona
| $36K | – | – | – |
|
|
MFS
9
MSI Financial Services
Springfield,
Massachusetts
| $20K | – | – | – |
|
|
LCM
10
Laurion Capital Management
New York
| – | -$206K | -15,311 | Closed |
|
|
VKH
11
Virtu KCG Holdings
New York
| – | -$136K | -10,105 | Closed |
|
|
AF
12
Arrow Financial
Glens Falls,
New York
| – | -$81K | -6,000 | Closed |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | -$3K | -211 | Closed |
|
PNI Hedge Fund Activity: Q4 2016 in Review
9 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in PIMCO New York Municipal Income Fund II (PNI) for Q4 2016, worth a combined $4.5M — down 22% from $5.75M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PNI and 0 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was Bank of America, adding an estimated $111K. The largest seller was Guggenheim Capital, cutting an estimated $412K.
- 9 institutional investors held PIMCO New York Municipal Income Fund II (PNI) as of Q4 2016, down from 13 in Q3 2016.
- Funds reported $4.5M of PIMCO New York Municipal Income Fund II stock for Q4 2016, down 22% quarter-over-quarter.
- 0 funds opened new PIMCO New York Municipal Income Fund II positions in Q4 2016 and 4 closed out, a net change of -4 holders.
- The largest PIMCO New York Municipal Income Fund II buyer in Q4 2016 was Bank of America, an estimated $111K added.
- The largest PIMCO New York Municipal Income Fund II seller in Q4 2016 was Guggenheim Capital, an estimated $412K sold.
Based on aggregated 13F filings for Q4 2016.