PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
131 hedge funds and large institutions have $703M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 57 increasing their positions, 31 reducing their positions, and 17 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 31
7% more capital invested
Capital invested by funds: $658M → $703M (+$45.4M)
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0% more funds holding
Funds holding: 131 → 131 (0)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$55.8M |
| 2 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$2.43M |
| 3 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$1.83M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.37M |
| 5 |
SF
Synovus Financial
Columbus,
Georgia
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$15M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$8.07M |
| 3 |
LPL Financial
San Diego,
California
|
-$5.6M |
| 4 |
LFR
Lehman Financial Resources
Media,
Pennsylvania
|
-$4.72M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$3.75M |
PCI Hedge Fund Activity: Q2 2017 in Review
131 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q2 2017, worth a combined $703M — up 6.9% from $658M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PCI positions and 17 closed out — a net gain of 1 holder — while 57 added to existing stakes and 31 trimmed.
The largest buyer was Nan Shan Life Insurance, adding an estimated $55.8M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $15M sold.
- 131 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $703M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q2 2017, up 6.9% quarter-over-quarter.
- 18 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q2 2017 and 17 closed out, a net change of +1 holder.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q2 2017 was Nan Shan Life Insurance, an estimated $55.8M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q2 2017 was Rivernorth Capital Management, an estimated $15M sold.
Based on aggregated 13F filings for Q2 2017.