PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
125 hedge funds and large institutions have $651M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 47 increasing their positions, 39 reducing their positions, and 14 closing their positions.
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
21% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 39
2% more funds holding
Funds holding: 123 → 125 (+2)
1% more capital invested
Capital invested by funds: $642M → $651M (+$8.86M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$15.5M |
| 2 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$12.8M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$8.04M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$5.41M |
| 5 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$4.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$18.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$5.39M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$4.45M |
| 4 |
LPL Financial
San Diego,
California
|
-$3.37M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.7M |
PCI Hedge Fund Activity: Q4 2016 in Review
125 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q4 2016, worth a combined $651M — up 1.4% from $642M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PCI positions and 14 closed out — a net gain of 5 holders — while 47 added to existing stakes and 39 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $15.5M. The largest seller was State of New Jersey Common Pension Fund D, cutting an estimated $18.2M.
- 125 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q4 2016, up from 123 in Q3 2016.
- Funds reported $651M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q4 2016, up 1.4% quarter-over-quarter.
- 19 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q4 2016 and 14 closed out, a net change of +5 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q4 2016 was Rivernorth Capital Management, an estimated $15.5M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q4 2016 was State of New Jersey Common Pension Fund D, an estimated $18.2M sold.
Based on aggregated 13F filings for Q4 2016.