PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
127 hedge funds and large institutions have $708M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2015 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 48 increasing their positions, 39 reducing their positions, and 17 closing their positions.
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
23% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 39
3% more funds holding
Funds holding: 123 → 127 (+4)
5% more capital invested
Capital invested by funds: $676M → $708M (+$31.7M)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$14.6M |
| 2 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$8.57M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$7.75M |
| 4 |
LPL Financial
San Diego,
California
|
+$6.5M |
| 5 |
EWM
Edge Wealth Management
New York
|
+$5.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$9.22M |
| 2 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
-$8.91M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$4.68M |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$4.6M |
| 5 |
Morgan Stanley
New York
|
-$3.95M |
PCI Hedge Fund Activity: Q4 2015 in Review
127 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q4 2015, worth a combined $708M — up 4.7% from $676M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PCI positions and 17 closed out — a net gain of 4 holders — while 48 added to existing stakes and 39 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $14.6M. The largest seller was Financial & Investment Management Group, cutting an estimated $9.22M.
- 127 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q4 2015, up from 123 in Q3 2015.
- Funds reported $708M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q4 2015, up 4.7% quarter-over-quarter.
- 21 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q4 2015 and 17 closed out, a net change of +4 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q4 2015 was Rivernorth Capital Management, an estimated $14.6M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q4 2015 was Financial & Investment Management Group, an estimated $9.22M sold.
Based on aggregated 13F filings for Q4 2015.