PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
110 hedge funds and large institutions have $659M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2014 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 40 increasing their positions, 32 reducing their positions, and 11 closing their positions.
118% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
25% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 32
10% more funds holding
Funds holding: 100 → 110 (+10)
7% more capital invested
Capital invested by funds: $619M → $659M (+$40.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$26M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$8.77M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$7.95M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$7.42M |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$6.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$10.2M |
| 2 |
Barclays
London,
United Kingdom
|
-$7.1M |
| 3 |
SCM
Saba Capital Management
New York
|
-$4.85M |
| 4 |
TAT
TD Ameritrade Trust
Denver,
Colorado
|
-$2.18M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.09M |
PCI Hedge Fund Activity: Q4 2014 in Review
110 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q4 2014, worth a combined $659M — up 6.6% from $619M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PCI positions and 11 closed out — a net gain of 13 holders — while 40 added to existing stakes and 32 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $26M. The largest seller was Horizon Kinetics, cutting an estimated $10.2M.
- 110 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q4 2014, up from 100 in Q3 2014.
- Funds reported $659M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q4 2014, up 6.6% quarter-over-quarter.
- 24 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q4 2014 and 11 closed out, a net change of +13 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q4 2014 was Rivernorth Capital Management, an estimated $26M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q4 2014 was Horizon Kinetics, an estimated $10.2M sold.
Based on aggregated 13F filings for Q4 2014.