PIMCO California Municipal Income Fund III
PZC
PZC was delisted on the 1st of August, 2025.
17 hedge funds and large institutions have $12.2M invested in PIMCO California Municipal Income Fund III in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 3 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
5% more capital invested
Capital invested by funds: $11.6M → $12.2M (+$626K)
0.3% more ownership
Funds ownership: 4.39% → 4.69% (+0.3%)
6% less funds holding
Funds holding: 18 → 17 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$986K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$565K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$287K |
| 4 |
LPL Financial
San Diego,
California
|
+$245K |
| 5 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$643K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$616K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$203K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$141K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$29K |
PZC Hedge Fund Activity: Q1 2016 in Review
17 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PIMCO California Municipal Income Fund III (PZC) for Q1 2016, worth a combined $12.2M — up 5.4% from $11.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PZC and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 7 added.
The largest buyer was Morgan Stanley, adding an estimated $986K. The largest seller was First Foundation Advisors, cutting an estimated $643K.
- 17 institutional investors held PIMCO California Municipal Income Fund III (PZC) as of Q1 2016, down from 18 in Q4 2015.
- Funds reported $12.2M of PIMCO California Municipal Income Fund III stock for Q1 2016, up 5.4% quarter-over-quarter.
- 2 funds opened new PIMCO California Municipal Income Fund III positions in Q1 2016 and 3 closed out, a net change of -1 holder.
- The largest PIMCO California Municipal Income Fund III buyer in Q1 2016 was Morgan Stanley, an estimated $986K added.
- The largest PIMCO California Municipal Income Fund III seller in Q1 2016 was First Foundation Advisors, an estimated $643K sold.
Based on aggregated 13F filings for Q1 2016.