PIMCO Dynamic Credit and Mortgage Income Fund
PCI was delisted on the 10th of December, 2021.
184 hedge funds and large institutions have $570M invested in PIMCO Dynamic Credit and Mortgage Income Fund in 2021 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 65 increasing their positions, 57 reducing their positions, and 20 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 57
1% less capital invested
Capital invested by funds: $577M → $570M (-$6.91M)
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
2% less funds holding
Funds holding: 187 → 184 (-3)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$3.81M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.09M |
| 3 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
+$1.82M |
| 4 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$1.72M |
| 5 |
Morgan Stanley
New York
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$15.5M |
| 2 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$3.21M |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$2.22M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.19M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$1.57M |
PCI Hedge Fund Activity: Q2 2021 in Review
184 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Credit and Mortgage Income Fund (PCI) for Q2 2021, worth a combined $570M — down 1.2% from $577M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PCI and 19 opened new positions — a net loss of 1 holder — while 57 trimmed existing stakes and 65 added.
The largest buyer was Penserra Capital Management, adding an estimated $3.81M. The largest seller was McGowan Group Asset Management, cutting an estimated $15.5M.
- 184 institutional investors held PIMCO Dynamic Credit and Mortgage Income Fund (PCI) as of Q2 2021, down from 187 in Q1 2021.
- Funds reported $570M of PIMCO Dynamic Credit and Mortgage Income Fund stock for Q2 2021, down 1.2% quarter-over-quarter.
- 19 funds opened new PIMCO Dynamic Credit and Mortgage Income Fund positions in Q2 2021 and 20 closed out, a net change of -1 holder.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund buyer in Q2 2021 was Penserra Capital Management, an estimated $3.81M added.
- The largest PIMCO Dynamic Credit and Mortgage Income Fund seller in Q2 2021 was McGowan Group Asset Management, an estimated $15.5M sold.
Based on aggregated 13F filings for Q2 2021.