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PCI

PIMCO Dynamic Credit and Mortgage Income Fund

Delisted

PCI was delisted on the 10th of December, 2021.

187 hedge funds and large institutions have $576M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2021 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 57 increasing their positions, 62 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 19

2% more funds holding

Funds holding: 183187 (+4)

3% more capital invested

Capital invested by funds: $559M → $576M (+$17.1M)

8% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 62

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
187
Holders Change
+4
Holders Change %
+2.19%
% of All Funds
3.28%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
27
Increased
57
Reduced
62
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$166M +$8.55M +393,945 +6%
Bank of America
2
Bank of America
North Carolina
$59.5M +$1.79M +82,282 +3%
UBS Group
3
UBS Group
Switzerland
$34M -$1.89M -87,252 -5%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$28.4M -$4.76M -219,197 -15%
MGAM
5
McGowan Group Asset Management
Texas
$24M -$5.87M -270,759 -20%
Invesco
6
Invesco
Georgia
$21.6M -$511K -23,531 -2%
HCM
7
Howland Capital Management
Massachusetts
$19.4M +$2.05M +94,390 +12%
LPL Financial
8
LPL Financial
California
$15.1M +$878K +40,491 +6%
Cohen & Steers
9
Cohen & Steers
New York
$12.2M -$1.97M -90,959 -14%
Osaic Holdings
10
Osaic Holdings
Arizona
$9.76M -$72.8K -3,354 -0.8%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$9.71M -$237K -10,940 -2%
Wells Fargo
12
Wells Fargo
California
$9.48M -$2.04M -93,992 -18%
PCM
13
Penserra Capital Management
California
$8.79M +$8.56M +394,511 New
WWMSC
14
Wagner Wealth Management (South Carolina)
South Carolina
$8.06M +$149K +6,873 +2%
BCI
15
Brinker Capital Investments
Pennsylvania
$6.38M -$871K -40,159 -12%
ECM
16
Evergreen Capital Management
Washington
$6.37M +$44.8K +2,065 +0.7%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$6.2M +$970K +44,710 +19%
State of Tennessee, Department of Treasury
18
State of Tennessee, Department of Treasury
Tennessee
$5.25M +$5.11M +235,500 New
FFA
19
First Foundation Advisors
California
$4.74M -$1.2M -55,203 -21%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$4.59M -$2.55M -117,681 -36%
DADC
21
D.A. Davidson & Co
Montana
$4.58M -$182K -8,391 -4%
RJA
22
Raymond James & Associates
Florida
$4.16M +$1.12M +51,637 +38%
TJHA
23
Thomas J. Herzfeld Advisors
Florida
$4.14M +$81.7K +3,768 +2%
First Trust Advisors
24
First Trust Advisors
Illinois
$3.9M -$301K -13,877 -7%
AllianceBernstein
25
AllianceBernstein
Tennessee
$3.64M

PCI Hedge Fund Activity: Q1 2021 in Review

187 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q1 2021, worth a combined $576M — up 3.1% from $559M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new PCI positions and 19 closed out — a net gain of 8 holders — while 57 added to existing stakes and 62 trimmed.

The largest buyer was Penserra Capital Management, opening a new position worth an estimated $8.56M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $6.02M.

  • 187 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q1 2021, up from 183 in Q4 2020.
  • Funds reported $576M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q1 2021, up 3.1% quarter-over-quarter.
  • 27 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q1 2021 and 19 closed out, a net change of +8 holders.
  • The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q1 2021 was Penserra Capital Management, an estimated $8.56M added.
  • The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q1 2021 was Northwestern Mutual Wealth Management, an estimated $6.02M sold.

Based on aggregated 13F filings for Q1 2021.