PIMCO California Municipal Income Fund III
PZC
PZC was delisted on the 1st of August, 2025.
30 hedge funds and large institutions have $18.6M invested in PIMCO California Municipal Income Fund III in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 6 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
7% more capital invested
Capital invested by funds: $17.3M → $18.6M (+$1.24M)
0.31% more ownership
Funds ownership: 7.55% → 7.86% (+0.31%)
3% less funds holding
Funds holding: 31 → 30 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$543K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$367K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$251K |
| 4 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$224K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$530K |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$352K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$247K |
| 4 |
Millennium Management
New York
|
-$189K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$170K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TJHA
26
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $98K | +$33.6K | +3,217 | +53% |
|
|
RFA
27
Reilly Financial Advisors
La Mesa,
California
| $63K | – | – | – |
|
|
PO
28
Private Ocean
San Rafael,
California
| $42K | +$41.7K | +4,000 | New |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $33K | -$34.1K | -3,266 | -51% |
|
|
WWMSC
30
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| $16K | +$16.2K | +1,550 | New |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| – | -$247K | -24,181 | Closed |
|
|
32
Millennium Management
New York
| – | -$189K | -18,475 | Closed |
|
33
Goldman Sachs
New York
| – | -$136K | -13,237 | Closed |
|
|
KAS
34
Kestra Advisory Services
Austin,
Texas
| – | -$108K | -10,540 | Closed |
|
|
LCM
35
Landscape Capital Management
Englewood,
New Jersey
| – | -$108K | -10,501 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$2K | -200 | Closed |
|
PZC Hedge Fund Activity: Q1 2021 in Review
30 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PIMCO California Municipal Income Fund III (PZC) for Q1 2021, worth a combined $18.6M — up 7.2% from $17.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PZC and 5 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 10 added.
The largest buyer was UBS Group, adding an estimated $543K. The largest seller was Robinson Capital Management, cutting an estimated $530K.
- 30 institutional investors held PIMCO California Municipal Income Fund III (PZC) as of Q1 2021, down from 31 in Q4 2020.
- Funds reported $18.6M of PIMCO California Municipal Income Fund III stock for Q1 2021, up 7.2% quarter-over-quarter.
- 5 funds opened new PIMCO California Municipal Income Fund III positions in Q1 2021 and 6 closed out, a net change of -1 holder.
- The largest PIMCO California Municipal Income Fund III buyer in Q1 2021 was UBS Group, an estimated $543K added.
- The largest PIMCO California Municipal Income Fund III seller in Q1 2021 was Robinson Capital Management, an estimated $530K sold.
Based on aggregated 13F filings for Q1 2021.