High Income Securities Fund
PCF
59 hedge funds and large institutions have $24.6M invested in High Income Securities Fund in 2025 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 11 increasing their positions, 20 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
23% more funds holding
Funds holding: 48 → 59 (+11)
1.46% more ownership
Funds ownership: 19.9% → 21.36% (+1.5%)
4% more capital invested
Capital invested by funds: $23.7M → $24.6M (+$933K)
45% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$1.04M |
| 2 |
QL
Quarry LP
New York
|
+$400K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$345K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$327K |
| 5 |
NS
NBC Securities
Birmingham,
Alabama
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$868K |
| 2 |
KCPT
Kingstone Capital Partners Texas
Frisco,
Texas
|
-$196K |
| 3 |
Morgan Stanley
New York
|
-$124K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$104K |
| 5 |
Jane Street
New York
|
-$71.8K |
PCF Hedge Fund Activity: Q4 2025 in Review
59 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in High Income Securities Fund (PCF) for Q4 2025, worth a combined $24.6M — up 3.9% from $23.7M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PCF positions and 3 closed out — a net gain of 11 holders — while 11 added to existing stakes and 20 trimmed.
The largest buyer was Absolute Investment Advisers, opening a new position worth an estimated $1.04M. The largest seller was LPL Financial, cutting an estimated $868K.
- 59 institutional investors held High Income Securities Fund (PCF) as of Q4 2025, up from 48 in Q3 2025.
- Funds reported $24.6M of High Income Securities Fund stock for Q4 2025, up 3.9% quarter-over-quarter.
- 14 funds opened new High Income Securities Fund positions in Q4 2025 and 3 closed out, a net change of +11 holders.
- The largest High Income Securities Fund buyer in Q4 2025 was Absolute Investment Advisers, an estimated $1.04M added.
- The largest High Income Securities Fund seller in Q4 2025 was LPL Financial, an estimated $868K sold.
Based on aggregated 13F filings for Q4 2025.