PIMCO California Municipal Income Fund
PIMCO California Municipal Income Fund (PCQ) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · PCQ · as of Sep 30, 2025
Ownership Breakdown
88
Institutional Holders
▲ 38 vs Q2
$138.39M
Total Inst. Value
▲ $98.94M vs Q2
56.13M
Shares Outstanding
freeFloat 99.97%
15.87M
13F Shares Held
▲ 11.28M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
PCQ largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
RIVERNORTH CAPITAL MANAGEMENT, LLC | 2.38M | 12.53% | 12.53% | $20.74B | Nov 14, 2025 | ▲ 1.56M |
KARPUS MANAGEMENT, INC. | 1.37M | 7.22% | 7.22% | $11.96B | Nov 14, 2025 | NEW |
ADVISORS ASSET MANAGEMENT, INC. | 1.16M | 6.11% | 6.11% | $10.12B | Nov 6, 2025 | ▲ 733.4K |
SABA CAPITAL MANAGEMENT, L.P. | 1.08M | 5.69% | 5.69% | $9.41B | Nov 14, 2025 | ▲ 1.08M |
HENNION & WALSH ASSET MANAGEMENT, INC. | 1.06M | 5.59% | 5.59% | $9.24B | Oct 22, 2025 | ▲ 686.8K |
GUGGENHEIM CAPITAL LLC | 999.3K | 5.26% | 5.26% | $8.71B | Nov 13, 2025 | ▲ 575.3K |
MATISSE CAPITAL | 920.3K | 4.85% | 4.85% | $8.03B | Oct 29, 2025 | ▲ 769.0K |
TORONTO DOMINION BANK | 807.2K | 4.25% | 4.25% | $7.04B | Nov 14, 2025 | ▲ 760.8K |
MORGAN STANLEY | 533.4K | 2.81% | 2.81% | $4.65B | May 27, 2026 | ▲ 188.4K |
LOGAN STONE CAPITAL, LLC | 499.2K | 2.63% | 2.63% | $4.35B | Nov 14, 2025 | ▲ 356.9K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
30
Increased
+8.38M shares17
New Positions
first time holders3
Decreased
−79.1K shares0
Sold Out
fully exitedNet shares change (top 50)
+8.30M
+8.38M / −79.1K
Net new holders
+44
17 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
PCQ insider trading · insider activity
Source: SEC Form 4
Insiders have been net buyers of shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
0
Buy transactions
1
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
BANK OF AMERICA CORP /DE/ 10 percent owner | Feb 23, 2026 | J-Other | 810 | — | — | 1.9K | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Aug 11, 2025 | Purchase | 349 | $8.22 | $2.9K | 349 | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Aug 11, 2025 | Sale | 349 | $8.22 | $2.9K | 0 | Form 4 ↗ |
STRACKE THIBAULT CHRISTIAN SEE REMARKS | Aug 1, 2025 | Award | 18,175 | — | — | 18.2K | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Aug 1, 2025 | J-Other | 1,710 | — | — | 2.7K | Form 4 ↗ |
JPMorgan Chase Bank, N.A. 10 percent owner | Aug 1, 2025 | J-Other | 546 | — | — | 790 | Form 4 ↗ |
JPMorgan Chase Bank, N.A. 10 percent owner | Jun 27, 2024 | J-Other | 244 | — | — | 244 | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
PIMCO California Municipal Income Fund (PCQ) is primarily owned by institutional investors, who hold approximately 28.3% of total shares outstanding. Company insiders own approximately 0.03%, while retail and public investors account for the remaining 71.69%.
The largest institutional shareholder of PIMCO California Municipal Income Fund is RIVERNORTH CAPITAL MANAGEMENT, LLC, holding approximately 2.38 million shares — equal to 12.53% of outstanding shares — as of September 30, 2025.
A total of 88 institutional investors currently hold PCQ stock, with a combined institutional value of approximately $138,389,312 as of the most recent 13F filing period.
Frequently asked questions
PCQ ownershipPIMCO California Municipal Income Fund (PCQ) is primarily owned by institutional investors, who hold approximately 28.3% of shares. The largest shareholder is RIVERNORTH CAPITAL MANAGEMENT, LLC with a 12.53% stake. Company insiders hold 0.03%. Data sourced from SEC Form 13F as of September 30, 2025.