PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
143 hedge funds and large institutions have $730M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2017 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 48 increasing their positions, 35 reducing their positions, and 16 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
37% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 35
13% more funds holding
Funds holding: 127 → 143 (+16)
1% less capital invested
Capital invested by funds: $736M → $730M (-$5.78M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$17.7M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$8.83M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$6.01M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$3.74M |
| 5 |
Morgan Stanley
New York
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$46.3M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.26M |
| 3 |
Cohen & Steers
New York
|
-$2.11M |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
-$1.91M |
| 5 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$1.2M |
PCI Hedge Fund Activity: Q4 2017 in Review
143 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q4 2017, worth a combined $730M — down 0.79% from $736M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PCI positions and 16 closed out — a net gain of 16 holders — while 48 added to existing stakes and 35 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $17.7M. The largest seller was Nan Shan Life Insurance, cutting an estimated $46.3M.
- 143 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q4 2017, up from 127 in Q3 2017.
- Funds reported $730M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q4 2017, down 0.79% quarter-over-quarter.
- 32 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q4 2017 and 16 closed out, a net change of +16 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q4 2017 was Rivernorth Capital Management, an estimated $17.7M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q4 2017 was Nan Shan Life Insurance, an estimated $46.3M sold.
Based on aggregated 13F filings for Q4 2017.