PIMCO California Municipal Income Fund III
PZC
PZC was delisted on the 1st of August, 2025.
29 hedge funds and large institutions have $20.4M invested in PIMCO California Municipal Income Fund III in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 6 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
17% more capital invested
Capital invested by funds: $17.4M → $20.4M (+$3.03M)
1.01% more ownership
Funds ownership: 11.33% → 12.34% (+1%)
6% less funds holding
Funds holding: 31 → 29 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$1.07M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$420K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$273K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$237K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$223K |
| 2 |
IP
Intellectus Partners
San Francisco,
California
|
-$222K |
| 3 |
Cerity Partners
New York
|
-$137K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$95K |
| 5 |
TWM
TriaGen Wealth Management
Calabasas,
California
|
-$91.8K |
PZC Hedge Fund Activity: Q4 2023 in Review
29 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in PIMCO California Municipal Income Fund III (PZC) for Q4 2023, worth a combined $20.4M — up 17% from $17.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PZC and 4 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 11 added.
The largest buyer was Bramshill Investments, adding an estimated $1.07M. The largest seller was Morgan Stanley, cutting an estimated $223K.
- 29 institutional investors held PIMCO California Municipal Income Fund III (PZC) as of Q4 2023, down from 31 in Q3 2023.
- Funds reported $20.4M of PIMCO California Municipal Income Fund III stock for Q4 2023, up 17% quarter-over-quarter.
- 4 funds opened new PIMCO California Municipal Income Fund III positions in Q4 2023 and 6 closed out, a net change of -2 holders.
- The largest PIMCO California Municipal Income Fund III buyer in Q4 2023 was Bramshill Investments, an estimated $1.07M added.
- The largest PIMCO California Municipal Income Fund III seller in Q4 2023 was Morgan Stanley, an estimated $223K sold.
Based on aggregated 13F filings for Q4 2023.