PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
138 hedge funds and large institutions have $798M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 54 increasing their positions, 41 reducing their positions, and 15 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 41
0% more capital invested
Capital invested by funds: $797M → $798M (+$1.01M)
1% less funds holding
Funds holding: 139 → 138 (-1)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$18.8M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$18.4M |
| 3 |
Morgan Stanley
New York
|
+$7.32M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$5.55M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$3.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$33.2M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$17.1M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$10.4M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$5.62M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$5.08M |
PCI Hedge Fund Activity: Q2 2018 in Review
138 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q2 2018, worth a combined $798M — up 0.13% from $797M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PCI and 14 opened new positions — a net loss of 1 holder — while 41 trimmed existing stakes and 54 added.
The largest buyer was Hilton Capital Management, opening a new position worth an estimated $18.8M. The largest seller was Nan Shan Life Insurance, cutting an estimated $33.2M.
- 138 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q2 2018, down from 139 in Q1 2018.
- Funds reported $798M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q2 2018, up 0.13% quarter-over-quarter.
- 14 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q2 2018 and 15 closed out, a net change of -1 holder.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q2 2018 was Hilton Capital Management, an estimated $18.8M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q2 2018 was Nan Shan Life Insurance, an estimated $33.2M sold.
Based on aggregated 13F filings for Q2 2018.