PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
155 hedge funds and large institutions have $534M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 61 increasing their positions, 57 reducing their positions, and 20 closing their positions.
9% more capital invested
Capital invested by funds: $490M → $534M (+$44.8M)
7% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 57
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 161 → 155 (-6)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$18.3M |
| 2 |
HCM
Howland Capital Management
Boston,
Massachusetts
|
+$6.15M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.48M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.66M |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$13.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.06M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$3.17M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.12M |
| 5 |
Cohen & Steers
New York
|
-$1.99M |
PCI Hedge Fund Activity: Q3 2020 in Review
155 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q3 2020, worth a combined $534M — up 9.1% from $490M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PCI and 15 opened new positions — a net loss of 5 holders — while 57 trimmed existing stakes and 61 added.
The largest buyer was Invesco, adding an estimated $18.3M. The largest seller was UBS Group, cutting an estimated $13.5M.
- 155 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q3 2020, down from 161 in Q2 2020.
- Funds reported $534M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q3 2020, up 9.1% quarter-over-quarter.
- 15 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q3 2020 and 20 closed out, a net change of -5 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q3 2020 was Invesco, an estimated $18.3M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q3 2020 was UBS Group, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2020.