PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
100 hedge funds and large institutions have $619M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 43 increasing their positions, 22 reducing their positions, and 12 closing their positions.
95% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 22
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
8% more capital invested
Capital invested by funds: $570M → $619M (+$48.3M)
6% more funds holding
Funds holding: 94 → 100 (+6)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$23.6M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$14.6M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$6.85M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$6.41M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$6.92M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$4.71M |
| 3 |
TAM
Third Avenue Management
New York
|
-$4.27M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.8M |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$1.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Fifth Third Bancorp
Cincinnati,
Ohio
| $1K | – | – | – |
|
|
TAM
102
Third Avenue Management
New York
| – | -$4.27M | -179,209 | Closed |
|
103
Jane Street
New York
| – | -$1.05M | -44,304 | Closed |
|
104
Truist Financial
Charlotte,
North Carolina
| – | -$992K | -41,652 | Closed |
|
105
Nomura Holdings
Tokyo,
Japan
| – | -$439K | -18,400 | Closed |
|
|
RBC
106
Ronald Blue & Co
Roswell,
Georgia
| – | -$429K | -18,000 | Closed |
|
|
BCMU
107
BlueCrest Capital Management (UK)
St. Peter Port,
Guernsey
| – | -$377K | -15,817 | Closed |
|
108
JP Morgan Chase
New York
| – | -$333K | -14,000 | Closed |
|
|
AWA
109
Arete Wealth Advisors
Chicago,
Illinois
| – | -$313K | -13,122 | Closed |
|
|
PAG
110
Private Advisor Group
Morristown,
New Jersey
| – | -$296K | -12,447 | Closed |
|
|
RJA
111
Raymond James & Associates
St Petersburg,
Florida
| – | -$296K | -12,446 | Closed |
|
|
AW
112
ACG Wealth
Atlanta,
Georgia
| – | -$212K | -8,914 | Closed |
|
|
CTC
113
Central Trust Company
Jefferson City,
Missouri
| – | -$12K | -500 | Closed |
|
PCI Hedge Fund Activity: Q3 2014 in Review
100 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q3 2014, worth a combined $619M — up 8.5% from $570M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PCI positions and 12 closed out — a net gain of 7 holders — while 43 added to existing stakes and 22 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $23.6M. The largest seller was 1832 Asset Management, cutting an estimated $6.92M.
- 100 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q3 2014, up from 94 in Q2 2014.
- Funds reported $619M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q3 2014, up 8.5% quarter-over-quarter.
- 19 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q3 2014 and 12 closed out, a net change of +7 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q3 2014 was Bessemer Group, an estimated $23.6M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q3 2014 was 1832 Asset Management, an estimated $6.92M sold.
Based on aggregated 13F filings for Q3 2014.