PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
183 hedge funds and large institutions have $559M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2020 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 56 increasing their positions, 61 reducing their positions, and 10 closing their positions.
290% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 10
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
17% more funds holding
Funds holding: 156 → 183 (+27)
5% more capital invested
Capital invested by funds: $534M → $559M (+$25.2M)
8% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
IEQ Capital
Foster City,
California
|
+$3.59M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.03M |
| 3 |
Millennium Management
New York
|
+$3.02M |
| 4 |
HCM
Howland Capital Management
Boston,
Massachusetts
|
+$2.38M |
| 5 |
SCM
Seascape Capital Management
Portsmouth,
New Hampshire
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.31M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$5.39M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.8M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.49M |
PCI Hedge Fund Activity: Q4 2020 in Review
183 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q4 2020, worth a combined $559M — up 4.7% from $534M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new PCI positions and 10 closed out — a net gain of 29 holders — while 56 added to existing stakes and 61 trimmed.
The largest buyer was IEQ Capital, opening a new position worth an estimated $3.59M. The largest seller was Morgan Stanley, cutting an estimated $6.31M.
- 183 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q4 2020, up from 156 in Q3 2020.
- Funds reported $559M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q4 2020, up 4.7% quarter-over-quarter.
- 39 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q4 2020 and 10 closed out, a net change of +29 holders.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q4 2020 was IEQ Capital, an estimated $3.59M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q4 2020 was Morgan Stanley, an estimated $6.31M sold.
Based on aggregated 13F filings for Q4 2020.