PIMCO New York Municipal Income Fund II
24 hedge funds and large institutions have $10.8M invested in PIMCO New York Municipal Income Fund II in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 3 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
14% more funds holding
Funds holding: 21 → 24 (+3)
1.74% more ownership
Funds ownership: 8.15% → 9.89% (+1.7%)
2% less capital invested
Capital invested by funds: $11.1M → $10.8M (-$261K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.37M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$319K |
| 3 |
MWM
Maltin Wealth Management
Ridgewood,
New Jersey
|
+$314K |
| 4 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$308K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$970K |
| 2 |
First Manhattan
New York
|
-$678K |
| 3 |
Morgan Stanley
New York
|
-$103K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$92.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$60K |
PNI Hedge Fund Activity: Q1 2020 in Review
24 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in PIMCO New York Municipal Income Fund II (PNI) for Q1 2020, worth a combined $10.8M — down 2.4% from $11.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PNI positions and 3 closed out — a net gain of 4 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $2.37M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $970K sold.
- 24 institutional investors held PIMCO New York Municipal Income Fund II (PNI) as of Q1 2020, up from 21 in Q4 2019.
- Funds reported $10.8M of PIMCO New York Municipal Income Fund II stock for Q1 2020, down 2.4% quarter-over-quarter.
- 7 funds opened new PIMCO New York Municipal Income Fund II positions in Q1 2020 and 3 closed out, a net change of +4 holders.
- The largest PIMCO New York Municipal Income Fund II buyer in Q1 2020 was Robinson Capital Management, an estimated $2.37M added.
- The largest PIMCO New York Municipal Income Fund II seller in Q1 2020 was Raymond James Financial Services Advisors, an estimated $970K sold.
Based on aggregated 13F filings for Q1 2020.