PIMCO California Municipal Income Fund III
PZC
PZC was delisted on the 1st of August, 2025.
27 hedge funds and large institutions have $18.5M invested in PIMCO California Municipal Income Fund III in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
5% more capital invested
Capital invested by funds: $17.7M → $18.5M (+$804K)
0.51% more ownership
Funds ownership: 10.22% → 10.73% (+0.51%)
13% less funds holding
Funds holding: 31 → 27 (-4)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$452K |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$371K |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$308K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$204K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$315K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$247K |
| 3 |
Lido Advisors
Los Angeles,
California
|
-$77.6K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$41.9K |
| 5 |
Morgan Stanley
New York
|
-$40.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWM
26
Mascoma Wealth Management
Hanover,
New Hampshire
| $2.68K | – | – | – |
|
|
FIA
27
FNY Investment Advisers
New York
| $2K | – | – | – |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$315K | -40,565 | Closed |
|
29
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$87 | -11,231 | Closed |
|
|
30
Lido Advisors
Los Angeles,
California
| – | -$77.6K | -10,000 | Closed |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| – | -$14.9K | -1,925 | Closed |
|
PZC Hedge Fund Activity: Q2 2023 in Review
27 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PIMCO California Municipal Income Fund III (PZC) for Q2 2023, worth a combined $18.5M — up 4.5% from $17.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PZC and 0 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 12 added.
The largest buyer was Advisors Asset Management, adding an estimated $452K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $315K sold.
- 27 institutional investors held PIMCO California Municipal Income Fund III (PZC) as of Q2 2023, down from 31 in Q1 2023.
- Funds reported $18.5M of PIMCO California Municipal Income Fund III stock for Q2 2023, up 4.5% quarter-over-quarter.
- 0 funds opened new PIMCO California Municipal Income Fund III positions in Q2 2023 and 4 closed out, a net change of -4 holders.
- The largest PIMCO California Municipal Income Fund III buyer in Q2 2023 was Advisors Asset Management, an estimated $452K added.
- The largest PIMCO California Municipal Income Fund III seller in Q2 2023 was Susquehanna International Group, an estimated $315K sold.
Based on aggregated 13F filings for Q2 2023.