We are live on ! Find out more
PCF

High Income Securities Fund
PCF

32 hedge funds and large institutions have $50M invested in High Income Securities Fund in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 7

9% more capital invested

Capital invested by funds: $45.9M → $50M (+$4.09M)

2.1% more ownership

Funds ownership: 39.32% → 41.42% (+2.1%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

11% less funds holding

Funds holding: 36 → 32 (-4)

44% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 9

Holders
32
Holders Change
-4
Holders Change %
-11.11%
% of All Funds
0.73%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
5
Increased
10
Reduced
7
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$3.34M
2
AAM
Advisors Asset Management
Colorado
+$203K
3
CRC
Curi RMB Capital
Illinois
+$193K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$141K
5
LPL Financial
LPL Financial
California
+$116K

Top Sellers

Rank Fund Capital Flow
1
CCP
Clough Capital Partners
Massachusetts
-$197K
2
SCM
Saba Capital Management
New York
-$197K
3
YMRC
Yorktown Management & Research Company
Virginia
-$197K
4
PMG
ProVise Management Group
Florida
-$151K
5
MIC
Meridian Investment Counsel
California
-$127K
Name Holding Trade Value Shares
Change 		Change in
Stake
BC
26
Bartlett & Co
Ohio
$18K +$3.69K +400 +26%
BBPWM
27
Blue Bell Private Wealth Management
Pennsylvania
$16K – – –
QCIG
28
Quad-Cities Investment Group
Iowa
$16K +$15.4K +1,667 New
VFA
29
Valeo Financial Advisors
Indiana
$7K – – –
AIM
30
Anchor Investment Management
South Carolina
$4.67K – – –
APA
31
American Portfolios Advisors
New York
$4.67K +$4.61K +500 New
IA
32
IFP Advisors
Florida
$2K – – –
SCM
33
Saba Capital Management
New York
– -$197K -21,834 Closed
CCP
34
Clough Capital Partners
Massachusetts
– -$197K -21,800 Closed
YMRC
35
Yorktown Management & Research Company
Virginia
– -$197K -21,800 Closed
PMG
36
ProVise Management Group
Florida
– -$151K -16,708 Closed
MIC
37
Meridian Investment Counsel
California
– -$127K -14,050 Closed
Cambridge Investment Research Advisors
38
Cambridge Investment Research Advisors
Iowa
– -$103K -11,353 Closed
PAG
39
Private Advisor Group
New Jersey
– -$99K -11,000 Closed
PA
40
Parallel Advisors
California
– -$14K -1,500 Closed
SWP
41
Stratos Wealth Partners
Ohio
– -$4K -468 Closed
1
2

PCF Hedge Fund Activity: Q2 2018 in Review

32 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in High Income Securities Fund (PCF) for Q2 2018, worth a combined $50M — up 8.9% from $45.9M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of PCF and 5 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 10 added.

The largest buyer was Sit Investment Associates, adding an estimated $3.34M. The largest seller was Clough Capital Partners, exiting entirely with an estimated $197K sold.

  • 32 institutional investors held High Income Securities Fund (PCF) as of Q2 2018, down from 36 in Q1 2018.
  • Funds reported $50M of High Income Securities Fund stock for Q2 2018, up 8.9% quarter-over-quarter.
  • 5 funds opened new High Income Securities Fund positions in Q2 2018 and 9 closed out, a net change of -4 holders.
  • The largest High Income Securities Fund buyer in Q2 2018 was Sit Investment Associates, an estimated $3.34M added.
  • The largest High Income Securities Fund seller in Q2 2018 was Clough Capital Partners, an estimated $197K sold.

Based on aggregated 13F filings for Q2 2018.