PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
139 hedge funds and large institutions have $797M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 54 increasing their positions, 39 reducing their positions, and 20 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 39
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
9% more capital invested
Capital invested by funds: $730M → $797M (+$66.6M)
3% less funds holding
Funds holding: 143 → 139 (-4)
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$65.6M |
| 2 |
Morgan Stanley
New York
|
+$15.9M |
| 3 |
CIM
Chiron Investment Management
New York
|
+$7.82M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.17M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$15.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$10.2M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.65M |
| 4 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$3.41M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$3.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Citadel Advisors
Miami,
Florida
| – | -$367K | -16,346 | Closed |
|
|
CCP
152
Corient Capital Partners
Newport Beach,
California
| – | -$282K | -12,550 | Closed |
|
|
LNC
153
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$237K | -10,576 | Closed |
|
|
PI
154
Parkside Investments
Deerfield,
Illinois
| – | -$224K | -10,000 | Closed |
|
|
SPC
155
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$218K | -9,730 | Closed |
|
|
TSS
156
Two Sigma Securities
New York
| – | -$204K | -9,092 | Closed |
|
|
LCM
157
Liberty Capital Management
Birmingham,
Michigan
| – | -$147K | -6,600 | Closed |
|
|
CA
158
Calton & Associates
Tampa,
Florida
| – | -$107K | -4,767 | Closed |
|
|
RFC
159
Regions Financial Corp
Birmingham,
Alabama
| – | -$39K | -1,718 | Closed |
|
|
AWM
160
Avior Wealth Management
Omaha,
Nebraska
| – | -$18K | -800 | Closed |
|
|
CBT
161
Capital Bank & Trust
Irvine,
California
| – | -$10K | -458 | Closed |
|
|
AFNAS
162
American Financial Network Advisory Services
Calabasas,
California
| – | -$10K | -455 | Closed |
|
PCI Hedge Fund Activity: Q1 2018 in Review
139 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q1 2018, worth a combined $797M — up 9.1% from $730M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PCI and 16 opened new positions — a net loss of 4 holders — while 39 trimmed existing stakes and 54 added.
The largest buyer was Nan Shan Life Insurance, adding an estimated $65.6M. The largest seller was Rivernorth Capital Management, cutting an estimated $15.8M.
- 139 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q1 2018, down from 143 in Q4 2017.
- Funds reported $797M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q1 2018, up 9.1% quarter-over-quarter.
- 16 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q1 2018 and 20 closed out, a net change of -4 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q1 2018 was Nan Shan Life Insurance, an estimated $65.6M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q1 2018 was Rivernorth Capital Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2018.