High Income Securities Fund
PCF
52 hedge funds and large institutions have $24.8M invested in High Income Securities Fund in 2024 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 17 closing their positions.
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
5% less funds holding
Funds holding: 55 → 52 (-3)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
21.87% less ownership
Funds ownership: 42.14% → 20.28% (-22%)
71% less capital invested
Capital invested by funds: $84.6M → $24.8M (-$59.8M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$11.1M |
| 2 |
MOS
MGO One Seven
Beachwood,
Ohio
|
+$234K |
| 3 |
AGM
Alpine Global Management
New York
|
+$205K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$145K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$11.4M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$10.8M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.89M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$6.88M |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$5.69M |
PCF Hedge Fund Activity: Q4 2024 in Review
52 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in High Income Securities Fund (PCF) for Q4 2024, worth a combined $24.8M — down 71% from $84.6M a quarter earlier.
Fund positioning in PCF was balanced in Q4 2024: 17 funds opened new positions, 17 closed out, 12 added to existing stakes and 14 trimmed.
The largest buyer was LPL Financial, adding an estimated $11.1M. The largest seller was Cetera Investment Advisers, cutting an estimated $11.4M.
- 52 institutional investors held High Income Securities Fund (PCF) as of Q4 2024, down from 55 in Q3 2024.
- Funds reported $24.8M of High Income Securities Fund stock for Q4 2024, down 71% quarter-over-quarter.
- 17 funds opened new High Income Securities Fund positions in Q4 2024 and 17 closed out, a net change of 0 holders.
- The largest High Income Securities Fund buyer in Q4 2024 was LPL Financial, an estimated $11.1M added.
- The largest High Income Securities Fund seller in Q4 2024 was Cetera Investment Advisers, an estimated $11.4M sold.
Based on aggregated 13F filings for Q4 2024.