PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
127 hedge funds and large institutions have $736M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2017 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 45 increasing their positions, 41 reducing their positions, and 18 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 41
5% more capital invested
Capital invested by funds: $703M → $736M (+$32.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 131 → 127 (-4)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$7.8M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.58M |
| 3 |
Morgan Stanley
New York
|
+$3.04M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.66M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMLI
Penn Mutual Life Insurance
Horsham,
Pennsylvania
|
-$2.68M |
| 2 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$2.46M |
| 3 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$2.26M |
| 4 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$1.86M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$966K |
PCI Hedge Fund Activity: Q3 2017 in Review
127 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q3 2017, worth a combined $736M — up 4.6% from $703M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PCI and 16 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 45 added.
The largest buyer was Bank of America, adding an estimated $7.8M. The largest seller was Penn Mutual Life Insurance, exiting entirely with an estimated $2.68M sold.
- 127 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q3 2017, down from 131 in Q2 2017.
- Funds reported $736M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q3 2017, up 4.6% quarter-over-quarter.
- 16 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q3 2017 and 18 closed out, a net change of -2 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q3 2017 was Bank of America, an estimated $7.8M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q3 2017 was Penn Mutual Life Insurance, an estimated $2.68M sold.
Based on aggregated 13F filings for Q3 2017.