PIMCO California Municipal Income Fund III
PZC
PZC was delisted on the 1st of August, 2025.
21 hedge funds and large institutions have $9.5M invested in PIMCO California Municipal Income Fund III in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
17% more funds holding
Funds holding: 18 → 21 (+3)
0.26% less ownership
Funds ownership: 4.41% → 4.14% (-0.26%)
8% less capital invested
Capital invested by funds: $10.3M → $9.5M (-$777K)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$224K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$135K |
| 3 |
Morgan Stanley
New York
|
+$43.4K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$26.8K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$23K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$633K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$338K |
| 3 |
CWM
Concert Wealth Management
San Jose,
California
|
-$44.9K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$41.2K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$22.1K |
PZC Hedge Fund Activity: Q3 2014 in Review
21 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in PIMCO California Municipal Income Fund III (PZC) for Q3 2014, worth a combined $9.5M — down 7.6% from $10.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PZC positions and 1 closed out — a net gain of 3 holders — while 3 added to existing stakes and 6 trimmed.
The largest buyer was AQR Capital Management, opening a new position worth an estimated $224K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $633K sold.
- 21 institutional investors held PIMCO California Municipal Income Fund III (PZC) as of Q3 2014, up from 18 in Q2 2014.
- Funds reported $9.5M of PIMCO California Municipal Income Fund III stock for Q3 2014, down 7.6% quarter-over-quarter.
- 4 funds opened new PIMCO California Municipal Income Fund III positions in Q3 2014 and 1 closed out, a net change of +3 holders.
- The largest PIMCO California Municipal Income Fund III buyer in Q3 2014 was AQR Capital Management, an estimated $224K added.
- The largest PIMCO California Municipal Income Fund III seller in Q3 2014 was Sit Investment Associates, an estimated $633K sold.
Based on aggregated 13F filings for Q3 2014.