PCM Fund
20 hedge funds and large institutions have $17.4M invested in PCM Fund in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
18% more funds holding
Funds holding: 17 → 20 (+3)
14% more capital invested
Capital invested by funds: $15.3M → $17.4M (+$2.12M)
0.38% more ownership
Funds ownership: 13.04% → 13.42% (+0.38%)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$963K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$60.7K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$32K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$24.7K |
| 5 |
Citigroup
New York
|
+$15K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$216K |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$199K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$79.7K |
| 4 |
HK
Horizon Kinetics
New York
|
-$57.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$42.3K |
PCM Hedge Fund Activity: Q2 2017 in Review
20 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in PCM Fund (PCM) for Q2 2017, worth a combined $17.4M — up 14% from $15.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PCM positions and 1 closed out — a net gain of 3 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Bank of America, adding an estimated $963K. The largest seller was Ladenburg Thalmann Financial Services, cutting an estimated $216K.
- 20 institutional investors held PCM Fund (PCM) as of Q2 2017, up from 17 in Q1 2017.
- Funds reported $17.4M of PCM Fund stock for Q2 2017, up 14% quarter-over-quarter.
- 4 funds opened new PCM Fund positions in Q2 2017 and 1 closed out, a net change of +3 holders.
- The largest PCM Fund buyer in Q2 2017 was Bank of America, an estimated $963K added.
- The largest PCM Fund seller in Q2 2017 was Ladenburg Thalmann Financial Services, an estimated $216K sold.
Based on aggregated 13F filings for Q2 2017.