PIMCO California Municipal Income Fund III
PZC
PZC was delisted on the 1st of August, 2025.
31 hedge funds and large institutions have $17.4M invested in PIMCO California Municipal Income Fund III in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 0 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
15% more funds holding
Funds holding: 27 → 31 (+4)
0.6% more ownership
Funds ownership: 10.73% → 11.33% (+0.6%)
6% less capital invested
Capital invested by funds: $18.5M → $17.4M (-$1.12M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$344K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$264K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$190K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$139K |
| 5 |
BI
Bramshill Investments
Naples,
Florida
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$128K |
| 2 |
Cerity Partners
New York
|
-$38.3K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$27.9K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$22.6K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$21.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWM
26
Melfa Wealth Management
Westborough,
Massachusetts
| $72.2K | – | – | – |
|
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $59K | -$22.6K | -2,950 | -26% |
|
|
BCM
28
Bourgeon Capital Management
Darien,
Connecticut
| $34.3K | – | – | – |
|
|
HCM
29
Hollencrest Capital Management
Newport Beach,
California
| $8.22K | – | – | – |
|
|
MWM
30
Mascoma Wealth Management
Hanover,
New Hampshire
| $2.35K | – | – | – |
|
|
FIA
31
FNY Investment Advisers
New York
| $2K | – | – | – |
|
PZC Hedge Fund Activity: Q3 2023 in Review
31 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in PIMCO California Municipal Income Fund III (PZC) for Q3 2023, worth a combined $17.4M — down 6% from $18.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PZC positions and 0 closed out — a net gain of 4 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $344K. The largest seller was Morgan Stanley, cutting an estimated $128K.
- 31 institutional investors held PIMCO California Municipal Income Fund III (PZC) as of Q3 2023, up from 27 in Q2 2023.
- Funds reported $17.4M of PIMCO California Municipal Income Fund III stock for Q3 2023, down 6% quarter-over-quarter.
- 4 funds opened new PIMCO California Municipal Income Fund III positions in Q3 2023 and 0 closed out, a net change of +4 holders.
- The largest PIMCO California Municipal Income Fund III buyer in Q3 2023 was Hennion & Walsh Asset Management, an estimated $344K added.
- The largest PIMCO California Municipal Income Fund III seller in Q3 2023 was Morgan Stanley, an estimated $128K sold.
Based on aggregated 13F filings for Q3 2023.