PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
156 hedge funds and large institutions have $655M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2019 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 45 reducing their positions, and 14 closing their positions.
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
22% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 45
3% more funds holding
Funds holding: 151 → 156 (+5)
4% less capital invested
Capital invested by funds: $686M → $655M (-$30.6M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.2M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$3.71M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.09M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.06M |
| 5 |
MCP
Mirador Capital Partners
Pleasanton,
California
|
+$756K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$42.6M |
| 2 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$3.65M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.24M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$3.16M |
| 5 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$3.16M |
PCI Hedge Fund Activity: Q2 2019 in Review
156 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q2 2019, worth a combined $655M — down 4.5% from $686M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PCI positions and 14 closed out — a net gain of 9 holders — while 55 added to existing stakes and 45 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.2M. The largest seller was Nan Shan Life Insurance, cutting an estimated $42.6M.
- 156 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q2 2019, up from 151 in Q1 2019.
- Funds reported $655M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q2 2019, down 4.5% quarter-over-quarter.
- 23 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q2 2019 and 14 closed out, a net change of +9 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q2 2019 was Morgan Stanley, an estimated $11.2M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q2 2019 was Nan Shan Life Insurance, an estimated $42.6M sold.
Based on aggregated 13F filings for Q2 2019.