PIMCO California Municipal Income Fund III
PZC
PZC was delisted on the 1st of August, 2025.
20 hedge funds and large institutions have $8.59M invested in PIMCO California Municipal Income Fund III in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 5 closing their positions.
0.12% more ownership
Funds ownership: 3.84% → 3.96% (+0.12%)
5% less capital invested
Capital invested by funds: $9.01M → $8.59M (-$420K)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
17% less funds holding
Funds holding: 24 → 20 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$671K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$318K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$229K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$226K |
| 5 |
Morgan Stanley
New York
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$282K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$237K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$200K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$146K |
| 5 |
Squarepoint
New York
|
-$140K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citadel Advisors
Miami,
Florida
| – | -$109K | -10,420 | Closed |
|
PZC Hedge Fund Activity: Q1 2018 in Review
20 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in PIMCO California Municipal Income Fund III (PZC) for Q1 2018, worth a combined $8.59M — down 4.7% from $9.01M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PZC and 1 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was D.A. Davidson & Co, opening a new position worth an estimated $671K. The largest seller was Ladenburg Thalmann Financial Services, cutting an estimated $282K.
- 20 institutional investors held PIMCO California Municipal Income Fund III (PZC) as of Q1 2018, down from 24 in Q4 2017.
- Funds reported $8.59M of PIMCO California Municipal Income Fund III stock for Q1 2018, down 4.7% quarter-over-quarter.
- 1 fund opened new PIMCO California Municipal Income Fund III positions in Q1 2018 and 5 closed out, a net change of -4 holders.
- The largest PIMCO California Municipal Income Fund III buyer in Q1 2018 was D.A. Davidson & Co, an estimated $671K added.
- The largest PIMCO California Municipal Income Fund III seller in Q1 2018 was Ladenburg Thalmann Financial Services, an estimated $282K sold.
Based on aggregated 13F filings for Q1 2018.