PCM Fund
PCM
20 hedge funds and large institutions have $20.1M invested in PCM Fund in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 8 closing their positions.
4% more capital invested
Capital invested by funds: $19.3M → $20.1M (+$793K)
0.22% more ownership
Funds ownership: 17.67% → 17.89% (+0.22%)
5% less funds holding
Funds holding: 21 → 20 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
+$1.63M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$431K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$239K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$177K |
| 5 |
Morgan Stanley
New York
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$2.54M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1.12M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$339K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$317K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$181K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| – | -$5K | -521 | Closed |
|
27
Barclays
London,
United Kingdom
| – | -$2K | -230 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$1K | -68 | Closed |
|
PCM Hedge Fund Activity: Q2 2016 in Review
20 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PCM Fund (PCM) for Q2 2016, worth a combined $20.1M — up 4.1% from $19.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PCM and 7 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 3 added.
The largest buyer was National Planning Corporation, adding an estimated $1.63M. The largest seller was American International Group, exiting entirely with an estimated $2.54M sold.
- 20 institutional investors held PCM Fund (PCM) as of Q2 2016, down from 21 in Q1 2016.
- Funds reported $20.1M of PCM Fund stock for Q2 2016, up 4.1% quarter-over-quarter.
- 7 funds opened new PCM Fund positions in Q2 2016 and 8 closed out, a net change of -1 holder.
- The largest PCM Fund buyer in Q2 2016 was National Planning Corporation, an estimated $1.63M added.
- The largest PCM Fund seller in Q2 2016 was American International Group, an estimated $2.54M sold.
Based on aggregated 13F filings for Q2 2016.