High Income Securities Fund
PCF
42 hedge funds and large institutions have $19.4M invested in High Income Securities Fund in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
8% more capital invested
Capital invested by funds: $17.9M → $19.4M (+$1.43M)
5% more funds holding
Funds holding: 40 → 42 (+2)
13.32% less ownership
Funds ownership: 30.53% → 17.21% (-13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$495K |
| 2 |
HHGC
Hunting Hill Global Capital
New York
|
+$434K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$233K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$209K |
| 5 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$516K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$138K |
| 3 |
LPL Financial
San Diego,
California
|
-$137K |
| 4 |
CAS
CTC Alternative Strategies
Chicago,
Illinois
|
-$105K |
| 5 |
AWS
Atria Wealth Solutions
New York
|
-$63.6K |
PCF Hedge Fund Activity: Q4 2023 in Review
42 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in High Income Securities Fund (PCF) for Q4 2023, worth a combined $19.4M — up 8% from $17.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PCF positions and 2 closed out — a net gain of 2 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $495K. The largest seller was Cetera Investment Advisers, cutting an estimated $516K.
- 42 institutional investors held High Income Securities Fund (PCF) as of Q4 2023, up from 40 in Q3 2023.
- Funds reported $19.4M of High Income Securities Fund stock for Q4 2023, up 8% quarter-over-quarter.
- 4 funds opened new High Income Securities Fund positions in Q4 2023 and 2 closed out, a net change of +2 holders.
- The largest High Income Securities Fund buyer in Q4 2023 was Morgan Stanley, an estimated $495K added.
- The largest High Income Securities Fund seller in Q4 2023 was Cetera Investment Advisers, an estimated $516K sold.
Based on aggregated 13F filings for Q4 2023.