PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
153 hedge funds and large institutions have $669M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2018 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 49 increasing their positions, 45 reducing their positions, and 26 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
54% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 26
9% more funds holding
Funds holding: 141 → 153 (+12)
9% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 45
13% less capital invested
Capital invested by funds: $766M → $669M (-$96.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$10.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$7.13M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.44M |
| 4 |
Morgan Stanley
New York
|
+$5.4M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$5.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Chiron Investment Management
New York
|
-$12.3M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$9.41M |
| 3 |
CS
Comerica Securities
Detroit,
Michigan
|
-$7.49M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.48M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$2.48M |
PCI Hedge Fund Activity: Q4 2018 in Review
153 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q4 2018, worth a combined $669M — down 13% from $766M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PCI positions and 26 closed out — a net gain of 14 holders — while 49 added to existing stakes and 45 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, opening a new position worth an estimated $10.3M. The largest seller was Chiron Investment Management, exiting entirely with an estimated $12.3M sold.
- 153 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q4 2018, up from 141 in Q3 2018.
- Funds reported $669M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q4 2018, down 13% quarter-over-quarter.
- 40 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q4 2018 and 26 closed out, a net change of +14 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q4 2018 was Thomas J. Herzfeld Advisors, an estimated $10.3M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q4 2018 was Chiron Investment Management, an estimated $12.3M sold.
Based on aggregated 13F filings for Q4 2018.