PCM Fund
PCM
24 hedge funds and large institutions have $10M invested in PCM Fund in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
9% more funds holding
Funds holding: 22 → 24 (+2)
1.25% less ownership
Funds ownership: 9.03% → 7.78% (-1.2%)
15% less capital invested
Capital invested by funds: $11.8M → $10M (-$1.81M)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lido Advisors
Los Angeles,
California
|
+$305K |
| 2 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$218K |
| 3 |
WI
Wintrust Investments
Chicago,
Illinois
|
+$154K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$61.7K |
| 5 |
FIA
FNY Investment Advisers
New York
|
+$35.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.07M |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
-$859K |
| 3 |
LPL Financial
San Diego,
California
|
-$303K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$63.7K |
| 5 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$54.1K |
PCM Hedge Fund Activity: Q3 2019 in Review
24 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in PCM Fund (PCM) for Q3 2019, worth a combined $10M — down 15% from $11.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PCM positions and 3 closed out — a net gain of 2 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Lido Advisors, opening a new position worth an estimated $305K. The largest seller was Bank of America, cutting an estimated $1.07M.
- 24 institutional investors held PCM Fund (PCM) as of Q3 2019, up from 22 in Q2 2019.
- Funds reported $10M of PCM Fund stock for Q3 2019, down 15% quarter-over-quarter.
- 5 funds opened new PCM Fund positions in Q3 2019 and 3 closed out, a net change of +2 holders.
- The largest PCM Fund buyer in Q3 2019 was Lido Advisors, an estimated $305K added.
- The largest PCM Fund seller in Q3 2019 was Bank of America, an estimated $1.07M sold.
Based on aggregated 13F filings for Q3 2019.