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PCI

PIMCO Dynamic Credit and Mortgage Income Fund

Delisted

PCI was delisted on the 10th of December, 2021.

123 hedge funds and large institutions have $642M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 52 increasing their positions, 34 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 34

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

6% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 16

2% less funds holding

Funds holding: 126123 (-3)

5% less capital invested

Capital invested by funds: $677M → $642M (-$34.9M)

Holders
123
Holders Change
-3
Holders Change %
-2.38%
% of All Funds
3.28%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.21%
New
15
Increased
52
Reduced
34
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$84.1M -$545K -27,382 -0.7%
Morgan Stanley
2
Morgan Stanley
New York
$82.3M +$9.93M +498,671 +14%
MGAM
3
McGowan Group Asset Management
Texas
$42.7M +$618K +31,031 +2%
State of New Jersey Common Pension Fund D
4
State of New Jersey Common Pension Fund D
New Jersey
$40.9M +$27.6M +1,385,000 +223%
RCM
5
Rivernorth Capital Management
Florida
$34.9M -$73.2M -3,674,855 -68%
Bank of America
6
Bank of America
North Carolina
$30M +$4.03M +202,393 +16%
SIA
7
Sit Investment Associates
Minnesota
$26.1M -$3.22M -161,716 -11%
Wells Fargo
8
Wells Fargo
California
$24M -$1.7M -85,228 -7%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$23.2M +$3.36M +168,933 +17%
Bessemer Group
10
Bessemer Group
New Jersey
$23.1M -$2.56M -128,836 -10%
Cohen & Steers
11
Cohen & Steers
New York
$20M +$557K +27,977 +3%
HCM
12
Howland Capital Management
Massachusetts
$16.8M -$426K -21,380 -3%
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$15.9M +$955K +47,950 +7%
AllianceBernstein
14
AllianceBernstein
Tennessee
$11M -$340K -17,073 -3%
LPL Financial
15
LPL Financial
California
$10.9M +$3.14M +157,534 +42%
FFA
16
First Foundation Advisors
California
$10.7M -$1.45M -72,741 -12%
GC
17
Guggenheim Capital
Illinois
$9.17M +$1.77M +88,764 +25%
1832 Asset Management
18
1832 Asset Management
Ontario, Canada
$8.16M
PMLI
19
Penn Mutual Life Insurance
Pennsylvania
$7.28M
LFR
20
Lehman Financial Resources
Pennsylvania
$6.27M +$6.13M +307,700 New
CS
21
Comerica Securities
Michigan
$5.96M +$357K +17,930 +7%
Stifel Financial
22
Stifel Financial
Missouri
$5.62M -$848K -42,602 -13%
VIA
23
Vident Investment Advisory
Georgia
$4.96M +$755K +37,945 +18%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$4.71M -$2.25M -112,900 -33%
LVP
25
Limestone Value Partners
Texas
$4.46M +$1.56M +78,550 +56%

PCI Hedge Fund Activity: Q3 2016 in Review

123 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q3 2016, worth a combined $642M — down 5.2% from $677M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of PCI and 15 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 52 added.

The largest buyer was State of New Jersey Common Pension Fund D, adding an estimated $27.6M. The largest seller was Rivernorth Capital Management, cutting an estimated $73.2M.

  • 123 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q3 2016, down from 126 in Q2 2016.
  • Funds reported $642M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q3 2016, down 5.2% quarter-over-quarter.
  • 15 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q3 2016 and 16 closed out, a net change of -1 holder.
  • The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q3 2016 was State of New Jersey Common Pension Fund D, an estimated $27.6M added.
  • The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q3 2016 was Rivernorth Capital Management, an estimated $73.2M sold.

Based on aggregated 13F filings for Q3 2016.