PCM Fund
20 hedge funds and large institutions have $18.1M invested in PCM Fund in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 7 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
0.42% less ownership
Funds ownership: 16.96% → 16.54% (-0.42%)
8% less capital invested
Capital invested by funds: $19.7M → $18.1M (-$1.59M)
17% less funds holding
Funds holding: 24 → 20 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
+$616K |
| 2 |
AIG
American International Group
New York
|
+$57.4K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$37.3K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$36.9K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$32.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$468K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$289K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$135K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$126K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$103K |
PCM Hedge Fund Activity: Q3 2015 in Review
20 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in PCM Fund (PCM) for Q3 2015, worth a combined $18.1M — down 8.1% from $19.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PCM and 3 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was First Foundation Advisors, adding an estimated $616K. The largest seller was Horizon Kinetics, cutting an estimated $468K.
- 20 institutional investors held PCM Fund (PCM) as of Q3 2015, down from 24 in Q2 2015.
- Funds reported $18.1M of PCM Fund stock for Q3 2015, down 8.1% quarter-over-quarter.
- 3 funds opened new PCM Fund positions in Q3 2015 and 7 closed out, a net change of -4 holders.
- The largest PCM Fund buyer in Q3 2015 was First Foundation Advisors, an estimated $616K added.
- The largest PCM Fund seller in Q3 2015 was Horizon Kinetics, an estimated $468K sold.
Based on aggregated 13F filings for Q3 2015.