High Income Securities Fund
PCF
55 hedge funds and large institutions have $84.6M invested in High Income Securities Fund in 2024 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 8 reducing their positions, and 7 closing their positions.
219% more capital invested
Capital invested by funds: $26.5M → $84.6M (+$58M)
200% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 8
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
20.51% more ownership
Funds ownership: 21.63% → 42.14% (+21%)
12% more funds holding
Funds holding: 49 → 55 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$9.6M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.68M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$6.73M |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$5.88M |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$5.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
-$1.75M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$1.75M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$788K |
| 4 |
CCC
Cable Car Capital
San Francisco,
California
|
-$779K |
| 5 |
SW
Simplicity Wealth
Summit,
New Jersey
|
-$362K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
51
Geneos Wealth Management
Englewood,
Colorado
| $1.99K | +$1.94K | +292 | New |
|
|
TFGT
52
TS Financial Group (TSFG)
Lake Forest,
Illinois
| $1K | – | – | – |
|
|
MFA
53
McClarren Financial Advisors
State College,
Pennsylvania
| $29 | +$29.1K | +4,378 | +72,967% |
|
|
CSC
54
Caldwell Sutter Capital
Sausalito,
California
| $14 | – | – | – |
|
|
HNB
55
Huntington National Bank
Columbus,
Ohio
| $9 | – | – | – |
|
|
AGM
56
Alpine Global Management
New York
| – | -$1.75M | -250,000 | Closed |
|
|
BFM
57
Boothbay Fund Management
New York
| – | -$1.75M | -250,000 | Closed |
|
|
CCC
58
Cable Car Capital
San Francisco,
California
| – | -$779K | -111,410 | Closed |
|
|
SW
59
Simplicity Wealth
Summit,
New Jersey
| – | -$362K | -51,721 | Closed |
|
|
VF
60
Virtu Financial
New York
| – | -$170K | -24,368 | Closed |
|
|
MSWM
61
McGlone Suttner Wealth Management
Appleton,
Wisconsin
| – | -$115K | -17,924 | Closed |
|
|
SOA
62
Sea Otter Advisors
Miami,
Florida
| – | -$69.9K | -10,000 | Closed |
|
63
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$379 | +57 | New |
|
PCF Hedge Fund Activity: Q3 2024 in Review
55 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in High Income Securities Fund (PCF) for Q3 2024, worth a combined $84.6M — up 219% from $26.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PCF positions and 7 closed out — a net gain of 6 holders — while 24 added to existing stakes and 8 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $9.6M. The largest seller was Alpine Global Management, exiting entirely with an estimated $1.75M sold.
- 55 institutional investors held High Income Securities Fund (PCF) as of Q3 2024, up from 49 in Q2 2024.
- Funds reported $84.6M of High Income Securities Fund stock for Q3 2024, up 219% quarter-over-quarter.
- 13 funds opened new High Income Securities Fund positions in Q3 2024 and 7 closed out, a net change of +6 holders.
- The largest High Income Securities Fund buyer in Q3 2024 was Thomas J. Herzfeld Advisors, an estimated $9.6M added.
- The largest High Income Securities Fund seller in Q3 2024 was Alpine Global Management, an estimated $1.75M sold.
Based on aggregated 13F filings for Q3 2024.