High Income Securities Fund
PCF
38 hedge funds and large institutions have $19.1M invested in High Income Securities Fund in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 6 reducing their positions, and 8 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 6
1.93% less ownership
Funds ownership: 33.01% → 31.07% (-1.9%)
6% less capital invested
Capital invested by funds: $20.3M → $19.1M (-$1.21M)
14% less funds holding
Funds holding: 44 → 38 (-6)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$196K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$159K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$140K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$99.9K |
| 5 |
Morgan Stanley
New York
|
+$86.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$601K |
| 2 |
LPL Financial
San Diego,
California
|
-$554K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$303K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$206K |
| 5 |
VF
Virtu Financial
New York
|
-$160K |
PCF Hedge Fund Activity: Q2 2023 in Review
38 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in High Income Securities Fund (PCF) for Q2 2023, worth a combined $19.1M — down 6% from $20.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PCF and 3 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 18 added.
The largest buyer was Logan Stone Capital, adding an estimated $196K. The largest seller was Baird Financial Group, cutting an estimated $601K.
- 38 institutional investors held High Income Securities Fund (PCF) as of Q2 2023, down from 44 in Q1 2023.
- Funds reported $19.1M of High Income Securities Fund stock for Q2 2023, down 6% quarter-over-quarter.
- 3 funds opened new High Income Securities Fund positions in Q2 2023 and 8 closed out, a net change of -5 holders.
- The largest High Income Securities Fund buyer in Q2 2023 was Logan Stone Capital, an estimated $196K added.
- The largest High Income Securities Fund seller in Q2 2023 was Baird Financial Group, an estimated $601K sold.
Based on aggregated 13F filings for Q2 2023.