High Income Securities Fund
PCF
24 hedge funds and large institutions have $5.42M invested in High Income Securities Fund in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
20% more funds holding
Funds holding: 20 → 24 (+4)
0.56% more ownership
Funds ownership: 7.32% → 7.88% (+0.56%)
37% less capital invested
Capital invested by funds: $8.55M → $5.42M (-$3.13M)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.23M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$343K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$289K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$246K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$872K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$863K |
| 3 |
TSS
Two Sigma Securities
New York
|
-$127K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$90K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$30.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
26
Two Sigma Securities
New York
| – | -$127K | -14,089 | Closed |
|
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$90K | -10,000 | Closed |
|
|
FHB
28
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$6K | -650 | Closed |
|
PCF Hedge Fund Activity: Q2 2019 in Review
24 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in High Income Securities Fund (PCF) for Q2 2019, worth a combined $5.42M — down 37% from $8.55M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PCF positions and 4 closed out — a net gain of 4 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.23M. The largest seller was Invesco, exiting entirely with an estimated $872K sold.
- 24 institutional investors held High Income Securities Fund (PCF) as of Q2 2019, up from 20 in Q1 2019.
- Funds reported $5.42M of High Income Securities Fund stock for Q2 2019, down 37% quarter-over-quarter.
- 8 funds opened new High Income Securities Fund positions in Q2 2019 and 4 closed out, a net change of +4 holders.
- The largest High Income Securities Fund buyer in Q2 2019 was Rivernorth Capital Management, an estimated $1.23M added.
- The largest High Income Securities Fund seller in Q2 2019 was Invesco, an estimated $872K sold.
Based on aggregated 13F filings for Q2 2019.