PIMCO California Municipal Income Fund III
PZC
PZC was delisted on the 1st of August, 2025.
27 hedge funds and large institutions have $15.8M invested in PIMCO California Municipal Income Fund III in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 5 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
0.65% less ownership
Funds ownership: 7.3% → 6.65% (-0.65%)
4% less capital invested
Capital invested by funds: $16.5M → $15.8M (-$740K)
4% less funds holding
Funds holding: 28 → 27 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$550K |
| 2 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
+$360K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$286K |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$169K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$87.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.12M |
| 2 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$287K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$204K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$201K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$67K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $33K | – | – | – |
|
|
ETI
27
Enterprise Trust & Investment
Los Gatos,
California
| $18K | – | – | – |
|
|
RCM
28
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$2.12M | -210,017 | Closed |
|
|
MIAN
29
Mariner Independent Advisor Network
Overland Park,
Kansas
| – | -$287K | -28,347 | Closed |
|
|
CAN
30
Cetera Advisor Networks
El Segundo,
California
| – | -$67K | -6,637 | Closed |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| – | -$32K | -3,236 | Closed |
|
PZC Hedge Fund Activity: Q3 2020 in Review
27 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in PIMCO California Municipal Income Fund III (PZC) for Q3 2020, worth a combined $15.8M — down 4.5% from $16.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PZC and 4 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 8 added.
The largest buyer was Guggenheim Capital, adding an estimated $550K. The largest seller was Robinson Capital Management, exiting entirely with an estimated $2.12M sold.
- 27 institutional investors held PIMCO California Municipal Income Fund III (PZC) as of Q3 2020, down from 28 in Q2 2020.
- Funds reported $15.8M of PIMCO California Municipal Income Fund III stock for Q3 2020, down 4.5% quarter-over-quarter.
- 4 funds opened new PIMCO California Municipal Income Fund III positions in Q3 2020 and 5 closed out, a net change of -1 holder.
- The largest PIMCO California Municipal Income Fund III buyer in Q3 2020 was Guggenheim Capital, an estimated $550K added.
- The largest PIMCO California Municipal Income Fund III seller in Q3 2020 was Robinson Capital Management, an estimated $2.12M sold.
Based on aggregated 13F filings for Q3 2020.