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PCF

High Income Securities Fund

38 hedge funds and large institutions have $44.2M invested in High Income Securities Fund in 2021 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 13 increasing their positions, 1 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,200% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 1

681% more capital invested

Capital invested by funds: $5.66M → $44.2M (+$38.5M)

325% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 4

47% more ownership

Funds ownership: 6.81%53.81% (+47%)

46% more funds holding

Funds holding: 2638 (+12)

Holders
38
Holders Change
+12
Holders Change %
+46.15%
% of All Funds
0.58%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
13
Reduced
1
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Cetera Investment Advisers
1
Cetera Investment Advisers
Illinois
$9.08M +$9.17M +1,049,833 New
SIA
2
Sit Investment Associates
Minnesota
$8.59M +$8.67M +992,584 New
TJHA
3
Thomas J. Herzfeld Advisors
Florida
$7.11M +$7.09M +811,142 +7,457%
BI
4
Bulldog Investors
New Jersey
$4.16M +$4.2M +481,112 New
RCM
5
Rivernorth Capital Management
Florida
$3.83M +$3.87M +442,623 New
YCM
6
Yakira Capital Management
Connecticut
$2.15M +$2.17M +248,861 New
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$1.6M +$1.61M +184,538 New
NA
8
NewEdge Advisors
Louisiana
$1.03M +$1.05M +119,700 New
Baird Financial Group
9
Baird Financial Group
Wisconsin
$1.01M +$29.2K +3,346 +3%
Wells Fargo
10
Wells Fargo
California
$967K +$518K +59,276 +113%
LPL Financial
11
LPL Financial
California
$821K +$280K +32,033 +51%
RJA
12
Raymond James & Associates
Florida
$505K +$510K +58,400 New
DA
13
Doliver Advisors
Texas
$392K +$186K +21,327 +88%
CL
14
CSS LLC
Illinois
$304K +$307K +35,160 New
SWM
15
SeaCrest Wealth Management
New York
$293K -$147K -16,798 -33%
SWM
16
Silverlake Wealth Management
Vermont
$285K +$288K +32,960 New
CCP
17
Clough Capital Partners
Massachusetts
$273K +$275K +31,510 New
Bank of America
18
Bank of America
North Carolina
$223K +$8.76K +1,002 +4%
Osaic Holdings
19
Osaic Holdings
Arizona
$209K +$80.4K +9,197 +62%
CAN
20
Cetera Advisor Networks
California
$175K
Morgan Stanley
21
Morgan Stanley
New York
$154K +$10.4K +1,185 +7%
CCM
22
CTC Capital Management
Illinois
$147K +$149K +17,000 New
MFG
23
Merit Financial Group
Georgia
$127K
PMG
24
ProVise Management Group
Florida
$127K
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$109K +$12.3K +1,408 +13%

PCF Hedge Fund Activity: Q4 2021 in Review

38 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in High Income Securities Fund (PCF) for Q4 2021, worth a combined $44.2M — up 681% from $5.66M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PCF positions and 4 closed out — a net gain of 13 holders — while 13 added to existing stakes and 1 trimmed.

The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $9.17M. The largest seller was Boothbay Fund Management, exiting entirely with an estimated $657K sold.

  • 38 institutional investors held High Income Securities Fund (PCF) as of Q4 2021, up from 26 in Q3 2021.
  • Funds reported $44.2M of High Income Securities Fund stock for Q4 2021, up 681% quarter-over-quarter.
  • 17 funds opened new High Income Securities Fund positions in Q4 2021 and 4 closed out, a net change of +13 holders.
  • The largest High Income Securities Fund buyer in Q4 2021 was Cetera Investment Advisers, an estimated $9.17M added.
  • The largest High Income Securities Fund seller in Q4 2021 was Boothbay Fund Management, an estimated $657K sold.

Based on aggregated 13F filings for Q4 2021.