High Income Securities Fund
PCF
18 hedge funds and large institutions have $2.94M invested in High Income Securities Fund in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 3 closing their positions.
2.44% less ownership
Funds ownership: 8.76% → 6.33% (-2.4%)
10% less funds holding
Funds holding: 20 → 18 (-2)
21% less capital invested
Capital invested by funds: $3.73M → $2.94M (-$791K)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$23.9K |
| 2 |
KOMWMG
Kerntke Otto McGlone Wealth Management Group
Appleton,
Wisconsin
|
+$3.13K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.03K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$121 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$762K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$257K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$46.3K |
| 4 |
Morgan Stanley
New York
|
-$18.5K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$17K |
PCF Hedge Fund Activity: Q3 2020 in Review
18 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in High Income Securities Fund (PCF) for Q3 2020, worth a combined $2.94M — down 21% from $3.73M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PCF and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was Ameriprise, adding an estimated $23.9K. The largest seller was Rivernorth Capital Management, cutting an estimated $762K.
- 18 institutional investors held High Income Securities Fund (PCF) as of Q3 2020, down from 20 in Q2 2020.
- Funds reported $2.94M of High Income Securities Fund stock for Q3 2020, down 21% quarter-over-quarter.
- 1 fund opened new High Income Securities Fund positions in Q3 2020 and 3 closed out, a net change of -2 holders.
- The largest High Income Securities Fund buyer in Q3 2020 was Ameriprise, an estimated $23.9K added.
- The largest High Income Securities Fund seller in Q3 2020 was Rivernorth Capital Management, an estimated $762K sold.
Based on aggregated 13F filings for Q3 2020.