PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
161 hedge funds and large institutions have $490M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2020 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 61 increasing their positions, 58 reducing their positions, and 21 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 58
5% more capital invested
Capital invested by funds: $468M → $490M (+$21.3M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 168 → 161 (-7)
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.77M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.42M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.48M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.19M |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$28.5M |
| 2 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$17.5M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$9.24M |
| 4 |
HCM
Howland Capital Management
Boston,
Massachusetts
|
-$4.98M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LC
176
Lindbrook Capital
Calabasas,
California
| – | -$34K | -2,000 | Closed |
|
|
DWM
177
Darwin Wealth Management
Tampa,
Florida
| – | -$10K | -633 | Closed |
|
|
OIA
178
Optimum Investment Advisors
Chicago,
Illinois
| – | -$8K | -500 | Closed |
|
|
TRCT
179
Tower Research Capital (TRC)
New York
| – | -$7K | -442 | Closed |
|
|
WQ
180
Wealth Quarterback
Toms River,
New Jersey
| – | -$2.73K | -163 | Closed |
|
|
KFI
181
Key Financial Inc
West Chester,
Pennsylvania
| – | -$1K | -41 | Closed |
|
182
Fidelity Investments
Boston,
Massachusetts
| – | +$18 | +1 | +50% |
|
PCI Hedge Fund Activity: Q2 2020 in Review
161 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q2 2020, worth a combined $490M — up 4.5% from $468M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of PCI and 15 opened new positions — a net loss of 6 holders — while 58 trimmed existing stakes and 61 added.
The largest buyer was Bank of America, adding an estimated $4.77M. The largest seller was Osaic Holdings, cutting an estimated $28.5M.
- 161 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q2 2020, down from 168 in Q1 2020.
- Funds reported $490M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q2 2020, up 4.5% quarter-over-quarter.
- 15 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q2 2020 and 21 closed out, a net change of -6 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q2 2020 was Bank of America, an estimated $4.77M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q2 2020 was Osaic Holdings, an estimated $28.5M sold.
Based on aggregated 13F filings for Q2 2020.