PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
131 hedge funds and large institutions have $658M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2017 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 49 increasing their positions, 38 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
29% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 38
5% more funds holding
Funds holding: 125 → 131 (+6)
1% more capital invested
Capital invested by funds: $651M → $658M (+$7.12M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$35.3M |
| 2 |
Morgan Stanley
New York
|
+$10.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.07M |
| 4 |
HCM
Howland Capital Management
Boston,
Massachusetts
|
+$2.13M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$37.1M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$19.2M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$16.1M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$9.81M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$6.14M |
PCI Hedge Fund Activity: Q1 2017 in Review
131 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q1 2017, worth a combined $658M — up 1.1% from $651M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PCI positions and 9 closed out — a net gain of 7 holders — while 49 added to existing stakes and 38 trimmed.
The largest buyer was Nan Shan Life Insurance, adding an estimated $35.3M. The largest seller was Rivernorth Capital Management, cutting an estimated $37.1M.
- 131 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q1 2017, up from 125 in Q4 2016.
- Funds reported $658M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q1 2017, up 1.1% quarter-over-quarter.
- 16 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q1 2017 and 9 closed out, a net change of +7 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q1 2017 was Nan Shan Life Insurance, an estimated $35.3M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q1 2017 was Rivernorth Capital Management, an estimated $37.1M sold.
Based on aggregated 13F filings for Q1 2017.