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PCM

PCM Fund

18 hedge funds and large institutions have $9.14M invested in PCM Fund in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.8% less ownership

Funds ownership: 8.78%6.98% (-1.8%)

5% less funds holding

Funds holding: 1918 (-1)

22% less capital invested

Capital invested by funds: $11.7M → $9.14M (-$2.6M)

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

43% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 7

Holders
18
Holders Change
-1
Holders Change %
-5.26%
% of All Funds
0.41%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
4
Reduced
7
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FFA
1
First Foundation Advisors
California
$3.43M -$168K -15,091 -5%
SCM
2
SOL Capital Management
Maryland
$2.03M +$1.99M +178,937 New
HK
3
Horizon Kinetics
New York
$804K -$70.1K -6,305 -8%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$688K +$91.8K +8,254 +16%
Bessemer Group
5
Bessemer Group
New Jersey
$645K
AG
6
Advisor Group
Arizona
$457K -$2.34M -210,853 -84%
Morgan Stanley
7
Morgan Stanley
New York
$252K -$230K -20,660 -48%
Wells Fargo
8
Wells Fargo
California
$217K +$73.7K +6,626 +53%
Northwestern Mutual Wealth Management
9
Northwestern Mutual Wealth Management
Wisconsin
$199K +$41K +3,691 +27%
RJA
10
Raymond James & Associates
Florida
$179K
Bank of America
11
Bank of America
North Carolina
$70K -$1.18M -106,568 -94%
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$53K -$92.2K -8,292 -64%
UBS Group
13
UBS Group
Switzerland
$41K -$19.7K -1,776 -33%
NSIM
14
North Star Investment Management
Illinois
$23K
APA
15
American Portfolios Advisors
New York
$21.5K +$10K +900 +90%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$17K +$16.3K +1,462 New
IA
17
IFP Advisors
Florida
$13K
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$8K +$7.48K +673 New
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
-$234K -20,202 Closed
GC
20
Guggenheim Capital
Illinois
-$187K -16,139 Closed
Citigroup
21
Citigroup
New York
-$16K -1,405 Closed
TCM
22
Tradewinds Capital Management
Washington
-$5K -455 Closed

PCM Hedge Fund Activity: Q1 2018 in Review

18 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in PCM Fund (PCM) for Q1 2018, worth a combined $9.14M — down 22% from $11.7M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of PCM and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 4 added.

The largest buyer was SOL Capital Management, opening a new position worth an estimated $1.99M. The largest seller was Advisor Group, cutting an estimated $2.34M.

  • 18 institutional investors held PCM Fund (PCM) as of Q1 2018, down from 19 in Q4 2017.
  • Funds reported $9.14M of PCM Fund stock for Q1 2018, down 22% quarter-over-quarter.
  • 3 funds opened new PCM Fund positions in Q1 2018 and 4 closed out, a net change of -1 holder.
  • The largest PCM Fund buyer in Q1 2018 was SOL Capital Management, an estimated $1.99M added.
  • The largest PCM Fund seller in Q1 2018 was Advisor Group, an estimated $2.34M sold.

Based on aggregated 13F filings for Q1 2018.