PCM Fund
26 hedge funds and large institutions have $6.23M invested in PCM Fund in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
13% more funds holding
Funds holding: 23 → 26 (+3)
0.76% less ownership
Funds ownership: 7.52% → 6.75% (-0.76%)
37% less capital invested
Capital invested by funds: $9.97M → $6.23M (-$3.73M)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$366K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$284K |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$164K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$151K |
| 5 |
Morgan Stanley
New York
|
+$56.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$941K |
| 2 |
LPL Financial
San Diego,
California
|
-$936K |
| 3 |
Lido Advisors
Los Angeles,
California
|
-$108K |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$67.7K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$65.9K |
PCM Hedge Fund Activity: Q1 2020 in Review
26 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in PCM Fund (PCM) for Q1 2020, worth a combined $6.23M — down 37% from $9.97M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PCM positions and 1 closed out — a net gain of 5 holders — while 5 added to existing stakes and 11 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $366K. The largest seller was First Foundation Advisors, cutting an estimated $941K.
- 26 institutional investors held PCM Fund (PCM) as of Q1 2020, up from 23 in Q4 2019.
- Funds reported $6.23M of PCM Fund stock for Q1 2020, down 37% quarter-over-quarter.
- 6 funds opened new PCM Fund positions in Q1 2020 and 1 closed out, a net change of +5 holders.
- The largest PCM Fund buyer in Q1 2020 was Rivernorth Capital Management, an estimated $366K added.
- The largest PCM Fund seller in Q1 2020 was First Foundation Advisors, an estimated $941K sold.
Based on aggregated 13F filings for Q1 2020.