Cliff Asness’s High Income Securities Fund PCF Stock Holding History

Cliff Asness’s Portfolio PCF Stock Details PCF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-81,230	Closed	-$659K	–	2276
2014 Q4	$659K	Buy	81,230 +3,608	+5%	+$29.6K	﹤0.01%	1840
2014 Q3	$646K	Buy	77,622 +1,340	+2%	+$11.4K	﹤0.01%	1836
2014 Q2	$664K	Sell	76,282 -4,294	-5%	-$36.6K	﹤0.01%	1858
2014 Q1	$674K	Buy	80,576 +2,870	+4%	+$23.9K	﹤0.01%	1892
2013 Q4	$642K	Buy	77,706 +7,346	+10%	+$59.8K	﹤0.01%	1939
2013 Q3	$554K	Buy	+70,360	New	+$549K	﹤0.01%	1930

Other funds holding PCF

AAM

Advisors Asset Management Monument, Colorado $6.56B AUM 35.09% 1-Year Est. Return

SCM

Saba Capital Management New York $3.9B AUM 12.9% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $15.9B AUM 53.4% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

TJHA

Thomas J. Herzfeld Advisors Miami Beach, Florida $326M AUM 0.12% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

KIM

Karpus Investment Management Pittsford, New York $3.48B AUM 10.49% 1-Year Est. Return

AQR Arbitrage Greenwich, Connecticut $7.02B AUM 31.58% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

TCM

Texan Capital Management Houston, Texas $154M AUM 98.25% 1-Year Est. Return

Cliff Asness's PCF Position: Q1 2015 in Review

Cliff Asness sold out of High Income Securities Fund (PCF) in Q1 2015, closing a stake of 81,230 shares — an estimated $659K sold.

Cliff Asness first reported a position in PCF in Q3 2013 and held it in 6 quarters. The position peaked at $674K in Q1 2014. 36 funds tracked by Wall St. Rank hold PCF as of Q1 2015.

Cliff Asness reported no remaining High Income Securities Fund position as of Q1 2015 after selling out during the quarter.
Cliff Asness sold 81,230 High Income Securities Fund shares in Q1 2015, an estimated $659K.
Cliff Asness first reported a position in High Income Securities Fund in Q3 2013 and held it in 6 quarters.
Cliff Asness's High Income Securities Fund position peaked at $674K in Q1 2014.
36 funds tracked by Wall St. Rank held High Income Securities Fund as of Q1 2015.

Based on AQR Capital Management's 13F filing for Q1 2015, filed 15 May 2015.