PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
108 hedge funds and large institutions have $678M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 46 increasing their positions, 32 reducing their positions, and 17 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 32
6% more capital invested
Capital invested by funds: $638M → $678M (+$40.3M)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
4% less funds holding
Funds holding: 113 → 108 (-5)
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$13.5M |
| 2 |
SCM
Saba Capital Management
New York
|
+$10.7M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.07M |
| 4 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
+$4.32M |
| 5 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$4.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.01M |
| 2 |
HK
Horizon Kinetics
New York
|
-$3.7M |
| 3 |
FMA
FNY Managed Accounts
New York
|
-$2.11M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.1M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$1.8M |
PCI Hedge Fund Activity: Q2 2015 in Review
108 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q2 2015, worth a combined $678M — up 6.3% from $638M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of PCI and 13 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 46 added.
The largest buyer was McGowan Group Asset Management, opening a new position worth an estimated $13.5M. The largest seller was Deutsche Bank, cutting an estimated $8.01M.
- 108 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q2 2015, down from 113 in Q1 2015.
- Funds reported $678M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q2 2015, up 6.3% quarter-over-quarter.
- 13 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q2 2015 and 17 closed out, a net change of -4 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q2 2015 was McGowan Group Asset Management, an estimated $13.5M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q2 2015 was Deutsche Bank, an estimated $8.01M sold.
Based on aggregated 13F filings for Q2 2015.