PIMCO New York Municipal Income Fund II
9 hedge funds and large institutions have $4.73M invested in PIMCO New York Municipal Income Fund II in 2017 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
1.35% less ownership
Funds ownership: 4.8% → 3.45% (-1.3%)
24% less capital invested
Capital invested by funds: $6.22M → $4.73M (-$1.5M)
25% less funds holding
Funds holding: 12 → 9 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$180K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$121K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$27.6K |
| 4 |
Morgan Stanley
New York
|
+$5.62K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.64M |
| 2 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$273K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$107K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$44.4K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$16.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $3.67M | +$121K | +10,131 | +4% |
|
|
2
Morgan Stanley
New York
| $409K | +$5.62K | +469 | +1% |
|
|
3
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $216K | +$180K | +14,992 | +600% |
|
|
4
UBS Group
Zurich,
Switzerland
| $102K | +$27.6K | +2,298 | +39% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $99K | -$16.7K | -1,397 | -15% |
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $99K | – | – | – |
|
|
7
Wells Fargo
San Francisco,
California
| $68K | -$44.4K | -3,701 | -40% |
|
|
AG
8
Advisor Group
Phoenix,
Arizona
| $37K | – | – | – |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $25K | – | – | – |
|
|
LCM
10
Laurion Capital Management
New York
| – | -$1.64M | -139,842 | Closed |
|
|
BFG
11
Bouchey Financial Group
Troy,
New York
| – | -$273K | -23,400 | Closed |
|
|
WAM
12
Wolverine Asset Management
Chicago,
Illinois
| – | -$107K | -9,180 | Closed |
|
PNI Hedge Fund Activity: Q3 2017 in Review
9 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in PIMCO New York Municipal Income Fund II (PNI) for Q3 2017, worth a combined $4.73M — down 24% from $6.22M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PNI and 0 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $180K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.64M sold.
- 9 institutional investors held PIMCO New York Municipal Income Fund II (PNI) as of Q3 2017, down from 12 in Q2 2017.
- Funds reported $4.73M of PIMCO New York Municipal Income Fund II stock for Q3 2017, down 24% quarter-over-quarter.
- 0 funds opened new PIMCO New York Municipal Income Fund II positions in Q3 2017 and 3 closed out, a net change of -3 holders.
- The largest PIMCO New York Municipal Income Fund II buyer in Q3 2017 was Northwestern Mutual Wealth Management, an estimated $180K added.
- The largest PIMCO New York Municipal Income Fund II seller in Q3 2017 was Laurion Capital Management, an estimated $1.64M sold.
Based on aggregated 13F filings for Q3 2017.