PIMCO California Municipal Income Fund III
PZC
PZC was delisted on the 1st of August, 2025.
28 hedge funds and large institutions have $20.9M invested in PIMCO California Municipal Income Fund III in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 4 closing their positions.
0.53% less ownership
Funds ownership: 12.77% → 12.24% (-0.53%)
1% less capital invested
Capital invested by funds: $21.1M → $20.9M (-$275K)
3% less funds holding
Funds holding: 29 → 28 (-1)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$666K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$557K |
| 3 |
IP
Intellectus Partners
San Francisco,
California
|
+$243K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$192K |
| 5 |
LPL Financial
San Diego,
California
|
+$104K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$1.25M |
| 2 |
Morgan Stanley
New York
|
-$549K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$267K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$254K |
| 5 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$99.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $4.55K | -$254K | -33,794 | -98% |
|
|
MWM
27
Mascoma Wealth Management
Hanover,
New Hampshire
| $2.6K | – | – | – |
|
|
FIA
28
FNY Investment Advisers
New York
| $2 | – | – | – |
|
|
BI
29
Bramshill Investments
Naples,
Florida
| – | -$1.25M | -169,879 | Closed |
|
|
WWM
30
Western Wealth Management
Golden,
Colorado
| – | -$99.4K | -13,491 | Closed |
|
|
BCM
31
Bourgeon Capital Management
Darien,
Connecticut
| – | -$36.9K | -5,000 | Closed |
|
32
JP Morgan Chase
New York
| – | -$302 | -41 | Closed |
|
PZC Hedge Fund Activity: Q1 2024 in Review
28 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PIMCO California Municipal Income Fund III (PZC) for Q1 2024, worth a combined $20.9M — down 1.3% from $21.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PZC and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 8 added.
The largest buyer was UBS Group, adding an estimated $666K. The largest seller was Bramshill Investments, exiting entirely with an estimated $1.25M sold.
- 28 institutional investors held PIMCO California Municipal Income Fund III (PZC) as of Q1 2024, down from 29 in Q4 2023.
- Funds reported $20.9M of PIMCO California Municipal Income Fund III stock for Q1 2024, down 1.3% quarter-over-quarter.
- 3 funds opened new PIMCO California Municipal Income Fund III positions in Q1 2024 and 4 closed out, a net change of -1 holder.
- The largest PIMCO California Municipal Income Fund III buyer in Q1 2024 was UBS Group, an estimated $666K added.
- The largest PIMCO California Municipal Income Fund III seller in Q1 2024 was Bramshill Investments, an estimated $1.25M sold.
Based on aggregated 13F filings for Q1 2024.