PIMCO California Municipal Income Fund III
PZC
PZC was delisted on the 1st of August, 2025.
26 hedge funds and large institutions have $18.8M invested in PIMCO California Municipal Income Fund III in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 4 closing their positions.
0.57% less ownership
Funds ownership: 12.24% → 11.67% (-0.57%)
7% less funds holding
Funds holding: 28 → 26 (-2)
10% less capital invested
Capital invested by funds: $20.9M → $18.8M (-$2.03M)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$505K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$231K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$220K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$200K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$82.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$993K |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$633K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$145K |
| 4 |
LPL Financial
San Diego,
California
|
-$105K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$97K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWM
26
Mascoma Wealth Management
Hanover,
New Hampshire
| $2.46K | – | – | – |
|
|
27
LPL Financial
San Diego,
California
| – | -$105K | -13,845 | Closed |
|
|
28
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$97K | -12,767 | Closed |
|
|
SWM
29
Spire Wealth Management
Mclean,
Virginia
| – | -$62.4K | -8,222 | Closed |
|
|
FIA
30
FNY Investment Advisers
New York
| – | -$2 | -300 | Closed |
|
PZC Hedge Fund Activity: Q2 2024 in Review
26 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PIMCO California Municipal Income Fund III (PZC) for Q2 2024, worth a combined $18.8M — down 9.8% from $20.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PZC and 2 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was Guggenheim Capital, adding an estimated $505K. The largest seller was Advisors Asset Management, cutting an estimated $993K.
- 26 institutional investors held PIMCO California Municipal Income Fund III (PZC) as of Q2 2024, down from 28 in Q1 2024.
- Funds reported $18.8M of PIMCO California Municipal Income Fund III stock for Q2 2024, down 9.8% quarter-over-quarter.
- 2 funds opened new PIMCO California Municipal Income Fund III positions in Q2 2024 and 4 closed out, a net change of -2 holders.
- The largest PIMCO California Municipal Income Fund III buyer in Q2 2024 was Guggenheim Capital, an estimated $505K added.
- The largest PIMCO California Municipal Income Fund III seller in Q2 2024 was Advisors Asset Management, an estimated $993K sold.
Based on aggregated 13F filings for Q2 2024.