PCM Fund
23 hedge funds and large institutions have $10.9M invested in PCM Fund in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
20% more capital invested
Capital invested by funds: $9.04M → $10.9M (+$1.85M)
5% more funds holding
Funds holding: 22 → 23 (+1)
0.75% more ownership
Funds ownership: 7.7% → 8.46% (+0.75%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$749K |
| 2 |
LPL Financial
San Diego,
California
|
+$324K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$167K |
| 4 |
BF
BOK Financial
Tulsa,
Oklahoma
|
+$156K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$268K |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$248K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$116K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$29K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$15.7K |
PCM Hedge Fund Activity: Q1 2019 in Review
23 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in PCM Fund (PCM) for Q1 2019, worth a combined $10.9M — up 20% from $9.04M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PCM positions and 2 closed out — a net gain of 2 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Bank of America, adding an estimated $749K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $268K sold.
- 23 institutional investors held PCM Fund (PCM) as of Q1 2019, up from 22 in Q4 2018.
- Funds reported $10.9M of PCM Fund stock for Q1 2019, up 20% quarter-over-quarter.
- 4 funds opened new PCM Fund positions in Q1 2019 and 2 closed out, a net change of +2 holders.
- The largest PCM Fund buyer in Q1 2019 was Bank of America, an estimated $749K added.
- The largest PCM Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $268K sold.
Based on aggregated 13F filings for Q1 2019.