PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
113 hedge funds and large institutions have $680M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2015 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 48 increasing their positions, 27 reducing their positions, and 14 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 27
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
3% more funds holding
Funds holding: 110 → 113 (+3)
3% more capital invested
Capital invested by funds: $659M → $680M (+$21.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$17.2M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$11M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$8.43M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.25M |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$4.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$22.8M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$9.07M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$3.8M |
| 4 |
Morgan Stanley
New York
|
-$3.35M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.86M |
PCI Hedge Fund Activity: Q1 2015 in Review
113 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q1 2015, worth a combined $680M — up 3.2% from $659M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PCI positions and 14 closed out — a net gain of 6 holders — while 48 added to existing stakes and 27 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $17.2M. The largest seller was Saba Capital Management, cutting an estimated $22.8M.
- 113 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q1 2015, up from 110 in Q4 2014.
- Funds reported $680M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q1 2015, up 3.2% quarter-over-quarter.
- 20 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q1 2015 and 14 closed out, a net change of +6 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q1 2015 was Rivernorth Capital Management, an estimated $17.2M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q1 2015 was Saba Capital Management, an estimated $22.8M sold.
Based on aggregated 13F filings for Q1 2015.