PCM Fund
23 hedge funds and large institutions have $10M invested in PCM Fund in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 3 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0.26% less ownership
Funds ownership: 7.78% → 7.52% (-0.26%)
4% less funds holding
Funds holding: 24 → 23 (-1)
19% less capital inflows, than outflows
Capital inflows: $580K | Capital outflows: $713K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$223K |
| 2 |
LPL Financial
San Diego,
California
|
+$177K |
| 3 |
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$103K |
| 4 |
Advisor Group
Phoenix,
Arizona
|
+$25.3K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$14.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Foundation Advisors
Irvine,
California
|
-$252K |
| 2 |
Horizon Kinetics Asset Management
New York
|
-$143K |
| 3 |
BOK Financial
Tulsa,
Oklahoma
|
-$124K |
| 4 |
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$101K |
| 5 |
Morgan Stanley
New York
|
-$64.6K |
PCM Hedge Fund Activity: Q4 2019 in Review
23 of the 5,094 institutional investors tracked by Wall St. Rank reported a position in PCM Fund (PCM) for Q4 2019, worth a combined $10M — down 0.41% from $10M a quarter earlier.
Fund positioning in PCM was balanced in Q4 2019: 3 funds opened new positions, 3 closed out, 8 added to existing stakes and 6 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $223K. The largest seller was First Foundation Advisors, cutting an estimated $252K.
- 23 institutional investors held PCM Fund (PCM) as of Q4 2019, down from 24 in Q3 2019.
- Funds reported $10M of PCM Fund stock for Q4 2019, down 0.41% quarter-over-quarter.
- 3 funds opened new PCM Fund positions in Q4 2019 and 3 closed out, a net change of 0 holders.
- The largest PCM Fund buyer in Q4 2019 was Truist Financial, an estimated $223K added.
- The largest PCM Fund seller in Q4 2019 was First Foundation Advisors, an estimated $252K sold.
Based on aggregated 13F filings for Q4 2019.