PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
126 hedge funds and large institutions have $678M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2016 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 50 increasing their positions, 32 reducing their positions, and 19 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 32
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
2% more funds holding
Funds holding: 123 → 126 (+3)
6% less capital invested
Capital invested by funds: $720M → $678M (-$41.4M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$10.5M |
| 2 |
Morgan Stanley
New York
|
+$5.9M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.76M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.54M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$4.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$24.3M |
| 2 |
SCM
Saba Capital Management
New York
|
-$20.3M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$20.3M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$19M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$16.2M |
PCI Hedge Fund Activity: Q2 2016 in Review
126 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q2 2016, worth a combined $678M — down 5.8% from $720M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PCI positions and 19 closed out — a net gain of 4 holders — while 50 added to existing stakes and 32 trimmed.
The largest buyer was UBS Group, adding an estimated $10.5M. The largest seller was Invesco, cutting an estimated $24.3M.
- 126 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q2 2016, up from 123 in Q1 2016.
- Funds reported $678M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q2 2016, down 5.8% quarter-over-quarter.
- 23 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q2 2016 and 19 closed out, a net change of +4 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q2 2016 was UBS Group, an estimated $10.5M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q2 2016 was Invesco, an estimated $24.3M sold.
Based on aggregated 13F filings for Q2 2016.