PCM Fund
21 hedge funds and large institutions have $18.7M invested in PCM Fund in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
5% more funds holding
Funds holding: 20 → 21 (+1)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
1.64% less ownership
Funds ownership: 17.89% → 16.25% (-1.6%)
7% less capital invested
Capital invested by funds: $20.1M → $18.7M (-$1.38M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$326K |
| 2 |
Morgan Stanley
New York
|
+$239K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$175K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$161K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$158K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1.16M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$681K |
| 3 |
HK
Horizon Kinetics
New York
|
-$345K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$243K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$239K |
PCM Hedge Fund Activity: Q3 2016 in Review
21 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in PCM Fund (PCM) for Q3 2016, worth a combined $18.7M — down 6.9% from $20.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PCM positions and 2 closed out — a net gain of 1 holder — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $326K. The largest seller was First Foundation Advisors, cutting an estimated $1.16M.
- 21 institutional investors held PCM Fund (PCM) as of Q3 2016, up from 20 in Q2 2016.
- Funds reported $18.7M of PCM Fund stock for Q3 2016, down 6.9% quarter-over-quarter.
- 3 funds opened new PCM Fund positions in Q3 2016 and 2 closed out, a net change of +1 holder.
- The largest PCM Fund buyer in Q3 2016 was Ladenburg Thalmann Financial Services, an estimated $326K added.
- The largest PCM Fund seller in Q3 2016 was First Foundation Advisors, an estimated $1.16M sold.
Based on aggregated 13F filings for Q3 2016.