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PCF

High Income Securities Fund

40 hedge funds and large institutions have $17.9M invested in High Income Securities Fund in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 3

5% more funds holding

Funds holding: 3840 (+2)

0% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 10

0.54% less ownership

Funds ownership: 31.07%30.53% (-0.54%)

6% less capital invested

Capital invested by funds: $19.1M → $17.9M (-$1.18M)

Holders
40
Holders Change
+2
Holders Change %
+5.26%
% of All Funds
0.63%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
10
Reduced
10
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Cetera Investment Advisers
1
Cetera Investment Advisers
Illinois
$5.23M -$120K -18,450 -2%
BI
2
Bulldog Investors
New Jersey
$1.76M
Invesco
3
Invesco
Georgia
$1.24M -$330K -50,487 -20%
Bank of America
4
Bank of America
North Carolina
$1.17M -$60.5K -9,269 -5%
Osaic Holdings
5
Osaic Holdings
Arizona
$1.17M +$133K +20,395 +12%
YCM
6
Yakira Capital Management
Connecticut
$726K
LPL Financial
7
LPL Financial
California
$715K +$195K +29,950 +35%
NA
8
NewEdge Advisors
Louisiana
$695K -$78.3K -12,000 -10%
RJA
9
Raymond James & Associates
Florida
$614K -$5.89K -902 -0.9%
Morgan Stanley
10
Morgan Stanley
New York
$596K +$78.3K +12,001 +14%
Baird Financial Group
11
Baird Financial Group
Wisconsin
$537K +$7.69K +1,178 +1%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$450K -$207K -31,707 -30%
SWM
13
SeaCrest Wealth Management
New York
$255K +$2.65K +406 +1%
Wells Fargo
14
Wells Fargo
California
$239K +$27.4K +4,200 +12%
FFA
15
Founders Financial Alliance
North Carolina
$220K +$232K +35,569 New
GHAM
16
Gilman Hill Asset Management
Connecticut
$201K
GC
17
Guggenheim Capital
Illinois
$192K +$738 +113 +0.4%
MWM
18
Melfa Wealth Management
Massachusetts
$186K +$85 +13 +0%
SWM
19
Silverlake Wealth Management
Vermont
$177K
MSWM
20
McGlone Suttner Wealth Management
Wisconsin
$148K -$33.4K -5,111 -18%
CL
21
CSS LLC
Illinois
$145K
LMKC
22
L.M. Kohn & Company
Ohio
$128K
Citadel Advisors
23
Citadel Advisors
Florida
$108K +$114K +17,420 New
CAS
24
CTC Alternative Strategies
Illinois
$105K
MFG
25
Merit Financial Group
Georgia
$90.6K

PCF Hedge Fund Activity: Q3 2023 in Review

40 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in High Income Securities Fund (PCF) for Q3 2023, worth a combined $17.9M — down 6.1% from $19.1M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new PCF positions and 3 closed out — a net gain of 4 holders — while 10 added to existing stakes and 10 trimmed.

The largest buyer was Founders Financial Alliance, opening a new position worth an estimated $232K. The largest seller was Logan Stone Capital, exiting entirely with an estimated $355K sold.

  • 40 institutional investors held High Income Securities Fund (PCF) as of Q3 2023, up from 38 in Q2 2023.
  • Funds reported $17.9M of High Income Securities Fund stock for Q3 2023, down 6.1% quarter-over-quarter.
  • 7 funds opened new High Income Securities Fund positions in Q3 2023 and 3 closed out, a net change of +4 holders.
  • The largest High Income Securities Fund buyer in Q3 2023 was Founders Financial Alliance, an estimated $232K added.
  • The largest High Income Securities Fund seller in Q3 2023 was Logan Stone Capital, an estimated $355K sold.

Based on aggregated 13F filings for Q3 2023.