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PZC

PIMCO California Municipal Income Fund III

Delisted

PZC was delisted on the 1st of August, 2025.

35 hedge funds and large institutions have $26M invested in PIMCO California Municipal Income Fund III in 2025 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 2 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 2

5% more capital invested

Capital invested by funds: $24.7M → $26M (+$1.35M)

1.78% more ownership

Funds ownership: 15.94%17.72% (+1.8%)

0% more funds holding

Funds holding: 3535 (0)

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

Holders
35
Holders Change
Holders Change %
0%
% of All Funds
0.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
14
Reduced
2
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$5.51M +$980K +145,178 +21%
AAM
2
Advisors Asset Management
Colorado
$3.73M +$257K +38,073 +7%
GC
3
Guggenheim Capital
Illinois
$2.69M -$372K -55,106 -12%
HWAM
4
Hennion & Walsh Asset Management
New Jersey
$2.63M +$57.5K +8,512 +2%
UBS Group
5
UBS Group
Switzerland
$1.86M -$177K -26,213 -8%
Morgan Stanley
6
Morgan Stanley
New York
$1.62M +$144K +21,368 +9%
LSC
7
Logan Stone Capital
Illinois
$1.25M +$510K +75,504 +65%
WAM
8
Wolverine Asset Management
Illinois
$1.1M +$297K +44,069 +35%
LCM
9
Landscape Capital Management
New Jersey
$745K +$304K +45,019 +65%
CWP
10
Core Wealth Partners
California
$629K
Bank of America
11
Bank of America
North Carolina
$625K +$85.5K +12,672 +15%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$512K +$286K +42,399 +117%
IWC
13
Integrated Wealth Concepts
Massachusetts
$456K
Rockefeller Capital Management
14
Rockefeller Capital Management
New York
$355K +$4.68K +694 +1%
Raymond James Financial
15
Raymond James Financial
Florida
$321K
IP
16
Intellectus Partners
California
$288K
Wells Fargo
17
Wells Fargo
California
$286K +$33.2K +4,919 +13%
Baird Financial Group
18
Baird Financial Group
Wisconsin
$228K +$236K +34,928 New
Cetera Investment Advisers
19
Cetera Investment Advisers
Illinois
$224K +$30K +4,450 +15%
AC
20
Almitas Capital
California
$153K +$158K +23,415 New
WS
21
Wedbush Securities
California
$135K
VF
22
Virtu Financial
New York
$114K +$33.7K +4,989 +40%
SFS
23
Sowell Financial Services
Arkansas
$113K +$117K +17,381 New
MC
24
Matisse Capital
Oregon
$96.7K +$100K +14,833 New
CSIA
25
Conrad Siegel Investment Advisors
Pennsylvania
$75.6K

PZC Hedge Fund Activity: Q1 2025 in Review

35 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in PIMCO California Municipal Income Fund III (PZC) for Q1 2025, worth a combined $26M — up 5.5% from $24.7M a quarter earlier.

Fund positioning in PZC was balanced in Q1 2025: 4 funds opened new positions, 4 closed out, 14 added to existing stakes and 2 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $980K. The largest seller was Guggenheim Capital, cutting an estimated $372K.

  • 35 institutional investors held PIMCO California Municipal Income Fund III (PZC) as of Q1 2025, unchanged from Q4 2024.
  • Funds reported $26M of PIMCO California Municipal Income Fund III stock for Q1 2025, up 5.5% quarter-over-quarter.
  • 4 funds opened new PIMCO California Municipal Income Fund III positions in Q1 2025 and 4 closed out, a net change of 0 holders.
  • The largest PIMCO California Municipal Income Fund III buyer in Q1 2025 was Rivernorth Capital Management, an estimated $980K added.
  • The largest PIMCO California Municipal Income Fund III seller in Q1 2025 was Guggenheim Capital, an estimated $372K sold.

Based on aggregated 13F filings for Q1 2025.