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PCM

PCM Fund

24 hedge funds and large institutions have $11.3M invested in PCM Fund in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more capital invested

Capital invested by funds: $7.43M → $11.3M (+$3.88M)

1.88% more ownership

Funds ownership: 8.01%9.89% (+1.9%)

4% less funds holding

Funds holding: 2524 (-1)

30% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 10

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

Holders
24
Holders Change
-1
Holders Change %
-4%
% of All Funds
0.38%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
7
Reduced
10
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FIA
1
Foundations Investment Advisors
Arizona
$2.57M +$2.49M +266,772 New
NA
2
NewEdge Advisors
Louisiana
$1.48M +$111K +11,900 +8%
SCM
3
SOL Capital Management
Maryland
$1.36M -$18.6K -2,000 -1%
FAIM
4
Financial Advocates Investment Management
Washington
$1.12M +$65.3K +7,005 +6%
Commonwealth Equity Services
5
Commonwealth Equity Services
Massachusetts
$685K -$7K -751 -1%
Wells Fargo
6
Wells Fargo
California
$576K +$19 +2 +0%
Osaic Holdings
7
Osaic Holdings
Arizona
$550K +$33.4K +3,582 +7%
Morgan Stanley
8
Morgan Stanley
New York
$513K -$18.6K -1,995 -4%
MML Investors Services
9
MML Investors Services
Massachusetts
$404K +$110K +11,748 +39%
PWA
10
Physician Wealth Advisors
Utah
$322K
AWS
11
Atria Wealth Solutions
New York
$308K +$4.71K +505 +2%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$256K
RJA
13
Raymond James & Associates
Florida
$240K -$54.3K -5,822 -19%
HKAM
14
Horizon Kinetics Asset Management
New York
$236K
Bank of America
15
Bank of America
North Carolina
$234K -$216K -23,118 -49%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$157K -$36.2K -3,886 -19%
LPL Financial
17
LPL Financial
California
$138K -$2.77K -297 -2%
CA
18
CoreCap Advisors
Michigan
$120K +$116K +12,465 New
UBS Group
19
UBS Group
Switzerland
$19.3K -$21.8K -2,343 -54%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$10K
Carson Wealth (CWM LLC)
21
Carson Wealth (CWM LLC)
Nebraska
$7K -$4.52K -485 -40%
HCM
22
Hollencrest Capital Management
California
$4.82K -$14.9K -1,600 -76%
FIA
23
FNY Investment Advisers
New York
$2K
PA
24
Parallel Advisors
California
$175 +$9 +1 +6%
FFA
25
First Foundation Advisors
California
-$167K -19,854 Closed

PCM Hedge Fund Activity: Q2 2023 in Review

24 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PCM Fund (PCM) for Q2 2023, worth a combined $11.3M — up 52% from $7.43M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of PCM and 2 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 7 added.

The largest buyer was Foundations Investment Advisors, opening a new position worth an estimated $2.49M. The largest seller was Bank of America, cutting an estimated $216K.

  • 24 institutional investors held PCM Fund (PCM) as of Q2 2023, down from 25 in Q1 2023.
  • Funds reported $11.3M of PCM Fund stock for Q2 2023, up 52% quarter-over-quarter.
  • 2 funds opened new PCM Fund positions in Q2 2023 and 3 closed out, a net change of -1 holder.
  • The largest PCM Fund buyer in Q2 2023 was Foundations Investment Advisors, an estimated $2.49M added.
  • The largest PCM Fund seller in Q2 2023 was Bank of America, an estimated $216K sold.

Based on aggregated 13F filings for Q2 2023.