PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
153 hedge funds and large institutions have $575M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 63 increasing their positions, 43 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
47% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 43
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
2% less funds holding
Funds holding: 156 → 153 (-3)
12% less capital invested
Capital invested by funds: $654M → $575M (-$78.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.31M |
| 3 |
SWM
Stockman Wealth Management
Billings,
Montana
|
+$2.08M |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$2.07M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$100M |
| 2 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$9.64M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$3.89M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$3.14M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.81M |
PCI Hedge Fund Activity: Q3 2019 in Review
153 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q3 2019, worth a combined $575M — down 12% from $654M a quarter earlier.
Fund positioning in PCI was balanced in Q3 2019: 15 funds opened new positions, 15 closed out, 63 added to existing stakes and 43 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13.2M. The largest seller was Nan Shan Life Insurance, exiting entirely with an estimated $100M sold.
- 153 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q3 2019, down from 156 in Q2 2019.
- Funds reported $575M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q3 2019, down 12% quarter-over-quarter.
- 15 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q3 2019 and 15 closed out, a net change of 0 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q3 2019 was Morgan Stanley, an estimated $13.2M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q3 2019 was Nan Shan Life Insurance, an estimated $100M sold.
Based on aggregated 13F filings for Q3 2019.