<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:com="http://www.sec.gov/edgar/common" xmlns="http://www.sec.gov/edgar/thirteenffiler">
  <headerData>
    <submissionType>13F-NT</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <flags>
        <confirmingCopyFlag>false</confirmingCopyFlag>
        <returnCopyFlag>false</returnCopyFlag>
        <overrideInternetFlag>false</overrideInternetFlag>
      </flags>
      <filer>
        <credentials>
          <cik>0001163368</cik>
          <ccc>XXXXXXXX</ccc>
        </credentials>
      </filer>
      <periodOfReport>06-30-2016</periodOfReport>
    </filerInfo>
  </headerData>
  <formData>
    <coverPage>
      <reportCalendarOrQuarter>06-30-2016</reportCalendarOrQuarter>
      <filingManager>
        <name>PACIFIC INVESTMENT MANAGEMENT CO LLC</name>
        <address>
          <com:street1>650 NEWPORT CENTER DRIVE</com:street1>
          <com:city>NEWPORT BEACH</com:city>
          <com:stateOrCountry>CA</com:stateOrCountry>
          <com:zipCode>92660</com:zipCode>
        </address>
      </filingManager>
      <reportType>13F NOTICE</reportType>
      <form13FFileNumber>028-10952</form13FFileNumber>
      <otherManagersInfo>
        <otherManager>
          <cik>0001535323</cik>
          <form13FFileNumber>028-15014</form13FFileNumber>
          <name>Allianz Asset Management AG</name>
        </otherManager>
      </otherManagersInfo>
      <provideInfoForInstruction5>N</provideInfoForInstruction5>
    </coverPage>
    <signatureBlock>
      <name>Jennifer Durham</name>
      <title>Managing Director, Chief Compliance Officer</title>
      <phone>949-720-6178</phone>
      <signature>/s/ Jennifer Durham</signature>
      <city>Newport Beach</city>
      <stateOrCountry>CA</stateOrCountry>
      <signatureDate>08-09-2016</signatureDate>
    </signatureBlock>
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