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PCM

PCM Fund

22 hedge funds and large institutions have $9.04M invested in PCM Fund in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.28% more ownership

Funds ownership: 7.42%7.7% (+0.28%)

0% more funds holding

Funds holding: 2222 (0)

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

9% less capital invested

Capital invested by funds: $9.89M → $9.04M (-$847K)

60% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 10

Holders
22
Holders Change
Holders Change %
0%
% of All Funds
0.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
4
Reduced
10
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FFA
1
First Foundation Advisors
California
$2.5M -$12.8K -1,222 -0.5%
SCM
2
SOL Capital Management
Maryland
$1.75M -$63.1K -6,000 -3%
LPL Financial
3
LPL Financial
California
$840K -$31K -2,950 -3%
Bank of America
4
Bank of America
North Carolina
$652K -$177K -16,867 -21%
MAFM
5
Mid Atlantic Financial Management
Pennsylvania
$647K +$670K +63,775 New
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$619K -$34.7K -3,305 -5%
HK
7
Horizon Kinetics
New York
$591K -$79K -7,517 -11%
RCM
8
Rivernorth Capital Management
Florida
$268K +$276K +26,264 New
AG
9
Advisor Group
Arizona
$257K +$83.8K +7,975 +46%
RJA
10
Raymond James & Associates
Florida
$205K +$46.2K +4,400 +28%
Wells Fargo
11
Wells Fargo
California
$159K
Morgan Stanley
12
Morgan Stanley
New York
$153K -$9.53K -907 -6%
BTS
13
BB&T Securities
Virginia
$132K +$31.5K +3,000 +30%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$116K -$102K -9,725 -46%
APA
15
American Portfolios Advisors
New York
$59.9K
NFG
16
Next Financial Group
Texas
$25K +$105 +10 +0.4%
UBS Group
17
UBS Group
Switzerland
$22K -$4.25K -404 -16%
NSIM
18
North Star Investment Management
Illinois
$20K
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$20K
FHA
20
Flagship Harbor Advisors
Massachusetts
$4K
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$2K -$5.78K -550 -79%
RJT
22
Raymond James Trust
Florida
-$153K -13,567 Closed
FTIOP
23
Fiduciary Trust International of Pennsylvania
Pennsylvania
-$300K -9,911 Closed

PCM Hedge Fund Activity: Q4 2018 in Review

22 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in PCM Fund (PCM) for Q4 2018, worth a combined $9.04M — down 8.6% from $9.89M a quarter earlier.

Fund positioning in PCM was balanced in Q4 2018: 2 funds opened new positions, 2 closed out, 4 added to existing stakes and 10 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $276K. The largest seller was Fiduciary Trust International of Pennsylvania, exiting entirely with an estimated $300K sold.

  • 22 institutional investors held PCM Fund (PCM) as of Q4 2018, unchanged from Q3 2018.
  • Funds reported $9.04M of PCM Fund stock for Q4 2018, down 8.6% quarter-over-quarter.
  • 2 funds opened new PCM Fund positions in Q4 2018 and 2 closed out, a net change of 0 holders.
  • The largest PCM Fund buyer in Q4 2018 was Rivernorth Capital Management, an estimated $276K added.
  • The largest PCM Fund seller in Q4 2018 was Fiduciary Trust International of Pennsylvania, an estimated $300K sold.

Based on aggregated 13F filings for Q4 2018.