PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
176 hedge funds and large institutions have $575M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2021 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 78 increasing their positions, 41 reducing their positions, and 22 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 41
1% more capital invested
Capital invested by funds: $569M → $575M (+$5.13M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 184 → 176 (-8)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$10.8M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$10.6M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$9.52M |
| 4 |
Morgan Stanley
New York
|
+$8.14M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$8.74M |
| 2 |
HCM
Howland Capital Management
Boston,
Massachusetts
|
-$4.32M |
| 3 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
-$2.75M |
| 4 |
RA
Riverstone Advisors
New Braunfels,
Texas
|
-$1.19M |
| 5 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$1.1M |
PCI Hedge Fund Activity: Q3 2021 in Review
176 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q3 2021, worth a combined $575M — up 0.9% from $569M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of PCI and 19 opened new positions — a net loss of 3 holders — while 41 trimmed existing stakes and 78 added.
The largest buyer was Cohen & Steers, adding an estimated $10.8M. The largest seller was McGowan Group Asset Management, exiting entirely with an estimated $8.74M sold.
- 176 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q3 2021, down from 184 in Q2 2021.
- Funds reported $575M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q3 2021, up 0.9% quarter-over-quarter.
- 19 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q3 2021 and 22 closed out, a net change of -3 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q3 2021 was Cohen & Steers, an estimated $10.8M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q3 2021 was McGowan Group Asset Management, an estimated $8.74M sold.
Based on aggregated 13F filings for Q3 2021.