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PCF

High Income Securities Fund

45 hedge funds and large institutions have $24.5M invested in High Income Securities Fund in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

26% more capital invested

Capital invested by funds: $19.4M → $24.5M (+$5.1M)

7% more funds holding

Funds holding: 4245 (+3)

3.4% more ownership

Funds ownership: 17.21%20.62% (+3.4%)

15% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 13

Holders
45
Holders Change
+3
Holders Change %
+7.14%
% of All Funds
0.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
11
Reduced
13
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MFG
26
Merit Financial Group
Georgia
$93.8K
LMKC
27
L.M. Kohn & Company
Ohio
$93.5K -$9.85K -1,500 -10%
NAS
28
NWF Advisory Services
California
$88K
CL
29
CSS LLC
Illinois
$84.3K -$72.2K -11,000 -47%
CIBC Private Wealth Group
30
CIBC Private Wealth Group
Georgia
$83.8K
Citadel Advisors
31
Citadel Advisors
Florida
$79.1K +$1.79K +273 +2%
CA
32
CoreCap Advisors
Michigan
$73.3K +$71.1K +10,825 New
DA
33
Detalus Advisors
Missouri
$70K -$13.1K -2,000 -16%
CAN
34
Cetera Advisor Networks
California
$69.6K
UBS Group
35
UBS Group
Switzerland
$44K +$5.5K +837 +15%
WC
36
Winmill & Co
New York
$43.9K
AA
37
Ancora Advisors
Ohio
$33.2K
MFA
38
McClarren Financial Advisors
Pennsylvania
$28K +$748 +114 +3%
FHA
39
First Horizon Advisors
Tennessee
$21.7K +$21K +3,200 New
BBPWM
40
Blue Bell Private Wealth Management
Pennsylvania
$20.6K -$15.1K -2,300 -43%
PMFA
41
Plante Moran Financial Advisors
Michigan
$3.68K +$3.57K +544 New
FCA
42
FinTrust Capital Advisors
South Carolina
$3.38K +$3.28K +500 New
JP Morgan Chase
43
JP Morgan Chase
New York
$1.65K +$1.6K +244 New
TFGT
44
TS Financial Group (TSFG)
Illinois
$1K
CSC
45
Caldwell Sutter Capital
California
$14 +$13 +2 New
HNB
46
Huntington National Bank
Ohio
$9
FFA
47
Founders Financial Alliance
North Carolina
-$247K -38,537 Closed
SFS
48
Shaker Financial Services
Virginia
-$241K -37,567 Closed
GC
49
Guggenheim Capital
Illinois
-$147K -22,877 Closed
WAM
50
Wolverine Asset Management
Illinois
-$35.3K -5,500 Closed

PCF Hedge Fund Activity: Q1 2024 in Review

45 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in High Income Securities Fund (PCF) for Q1 2024, worth a combined $24.5M — up 26% from $19.4M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new PCF positions and 4 closed out — a net gain of 3 holders — while 11 added to existing stakes and 13 trimmed.

The largest buyer was Cetera Advisors, opening a new position worth an estimated $4.9M. The largest seller was Morgan Stanley, cutting an estimated $526K.

  • 45 institutional investors held High Income Securities Fund (PCF) as of Q1 2024, up from 42 in Q4 2023.
  • Funds reported $24.5M of High Income Securities Fund stock for Q1 2024, up 26% quarter-over-quarter.
  • 7 funds opened new High Income Securities Fund positions in Q1 2024 and 4 closed out, a net change of +3 holders.
  • The largest High Income Securities Fund buyer in Q1 2024 was Cetera Advisors, an estimated $4.9M added.
  • The largest High Income Securities Fund seller in Q1 2024 was Morgan Stanley, an estimated $526K sold.

Based on aggregated 13F filings for Q1 2024.