PCM Fund
20 hedge funds and large institutions have $19M invested in PCM Fund in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
11% more funds holding
Funds holding: 18 → 20 (+2)
0.59% more ownership
Funds ownership: 14.86% → 15.45% (+0.59%)
0% less capital invested
Capital invested by funds: $19.1M → $19M (-$59.4K)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$575K |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$499K |
| 3 |
AIG
American International Group
New York
|
+$401K |
| 4 |
Citigroup
New York
|
+$20.5K |
| 5 |
AA
Apriem Advisors
Irvine,
California
|
+$6.55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$318K |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$231K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$71.4K |
| 4 |
Morgan Stanley
New York
|
-$63.8K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
-$29.7K |
PCM Hedge Fund Activity: Q4 2014 in Review
20 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in PCM Fund (PCM) for Q4 2014, worth a combined $19M — down 0.31% from $19.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PCM positions and 2 closed out — a net gain of 3 holders — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Horizon Kinetics, adding an estimated $575K. The largest seller was Guggenheim Capital, cutting an estimated $318K.
- 20 institutional investors held PCM Fund (PCM) as of Q4 2014, up from 18 in Q3 2014.
- Funds reported $19M of PCM Fund stock for Q4 2014, down 0.31% quarter-over-quarter.
- 5 funds opened new PCM Fund positions in Q4 2014 and 2 closed out, a net change of +3 holders.
- The largest PCM Fund buyer in Q4 2014 was Horizon Kinetics, an estimated $575K added.
- The largest PCM Fund seller in Q4 2014 was Guggenheim Capital, an estimated $318K sold.
Based on aggregated 13F filings for Q4 2014.