High Income Securities Fund
42 hedge funds and large institutions have $19.9M invested in High Income Securities Fund in 2022 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
5% more funds holding
Funds holding: 40 → 42 (+2)
2.37% less ownership
Funds ownership: 34.66% → 32.3% (-2.4%)
34% less capital inflows, than outflows
Capital inflows: $3.17M | Capital outflows: $4.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1000K |
| 2 |
Morgan Stanley
New York
|
+$278K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$259K |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
+$238K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$3.01M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$694K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$408K |
| 4 |
Millennium Management
New York
|
-$178K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$176K |
PCF Hedge Fund Activity: Q4 2022 in Review
42 of the 6,241 institutional investors tracked by Wall St. Rank reported a position in High Income Securities Fund (PCF) for Q4 2022, worth a combined $19.9M — down 12% from $22.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PCF positions and 6 closed out — a net gain of 3 holders — while 13 added to existing stakes and 9 trimmed.
The largest buyer was Bank of America, adding an estimated $1000K. The largest seller was Thomas J. Herzfeld Advisors, exiting entirely with an estimated $3.01M sold.
- 42 institutional investors held High Income Securities Fund (PCF) as of Q4 2022, up from 40 in Q3 2022.
- Funds reported $19.9M of High Income Securities Fund stock for Q4 2022, down 12% quarter-over-quarter.
- 9 funds opened new High Income Securities Fund positions in Q4 2022 and 6 closed out, a net change of +3 holders.
- The largest High Income Securities Fund buyer in Q4 2022 was Bank of America, an estimated $1000K added.
- The largest High Income Securities Fund seller in Q4 2022 was Thomas J. Herzfeld Advisors, an estimated $3.01M sold.
Based on aggregated 13F filings for Q4 2022.