PIMCO California Municipal Income Fund III
PZC
PZC was delisted on the 1st of August, 2025.
27 hedge funds and large institutions have $17M invested in PIMCO California Municipal Income Fund III in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 2 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
22% more capital invested
Capital invested by funds: $13.9M → $17M (+$3.12M)
0.59% more ownership
Funds ownership: 8.49% → 9.08% (+0.59%)
0% more funds holding
Funds holding: 27 → 27 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$878K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$437K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$273K |
| 4 |
Rockefeller Capital Management
New York
|
+$201K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$547K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$449K |
| 3 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
-$73.2K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$67.5K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$41.7K |
PZC Hedge Fund Activity: Q4 2022 in Review
27 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in PIMCO California Municipal Income Fund III (PZC) for Q4 2022, worth a combined $17M — up 22% from $13.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PZC positions and 2 closed out — a net gain of 1 holder — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $878K. The largest seller was Morgan Stanley, cutting an estimated $547K.
- 27 institutional investors held PIMCO California Municipal Income Fund III (PZC) as of Q4 2022, unchanged from Q3 2022.
- Funds reported $17M of PIMCO California Municipal Income Fund III stock for Q4 2022, up 22% quarter-over-quarter.
- 3 funds opened new PIMCO California Municipal Income Fund III positions in Q4 2022 and 2 closed out, a net change of +1 holder.
- The largest PIMCO California Municipal Income Fund III buyer in Q4 2022 was Hennion & Walsh Asset Management, an estimated $878K added.
- The largest PIMCO California Municipal Income Fund III seller in Q4 2022 was Morgan Stanley, an estimated $547K sold.
Based on aggregated 13F filings for Q4 2022.