PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
141 hedge funds and large institutions have $766M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2018 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 53 increasing their positions, 43 reducing their positions, and 16 closing their positions.
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
23% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 43
2% more funds holding
Funds holding: 138 → 141 (+3)
4% less capital invested
Capital invested by funds: $798M → $766M (-$31.6M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$25.5M |
| 2 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
+$1.83M |
| 3 |
CIM
Chiron Investment Management
New York
|
+$1.67M |
| 4 |
SBA
Secrest Blakey & Associates
Raleigh,
North Carolina
|
+$1.25M |
| 5 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$36M |
| 2 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$19.5M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$17.3M |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$8.92M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$5.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Walleye Trading
New York
| – | -$336K | -14,261 | Closed |
|
152
Mariner
Overland Park,
Kansas
| – | -$279K | -11,851 | Closed |
|
153
SEI Investments
Oaks,
Pennsylvania
| – | -$99K | -4,190 | Closed |
|
|
GBBWRPM
154
Genovese Burford & Brothers Wealth & Retirement Plan Management
Sacramento,
California
| – | -$24K | -1,010 | Closed |
|
|
RWP
155
RWA Wealth Partners
Newton,
Massachusetts
| – | -$20K | -845 | Closed |
|
|
WC
156
Whitnell & Co
Oak Brook,
Illinois
| – | -$19K | -800 | Closed |
|
|
FANJ
157
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$12K | -500 | Closed |
|
|
BA
158
Ballew Advisors
Jackson,
Mississippi
| – | +$409 | +17 | New |
|
PCI Hedge Fund Activity: Q3 2018 in Review
141 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q3 2018, worth a combined $766M — down 4% from $798M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PCI positions and 16 closed out — a net gain of 4 holders — while 53 added to existing stakes and 43 trimmed.
The largest buyer was Nan Shan Life Insurance, adding an estimated $25.5M. The largest seller was McGowan Group Asset Management, cutting an estimated $36M.
- 141 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q3 2018, up from 138 in Q2 2018.
- Funds reported $766M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q3 2018, down 4% quarter-over-quarter.
- 20 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q3 2018 and 16 closed out, a net change of +4 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q3 2018 was Nan Shan Life Insurance, an estimated $25.5M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q3 2018 was McGowan Group Asset Management, an estimated $36M sold.
Based on aggregated 13F filings for Q3 2018.