PCM Fund
30 hedge funds and large institutions have $9.6M invested in PCM Fund in 2025 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 3 closing their positions.
482% more capital inflows, than outflows
Capital inflows: $3.31M | Capital outflows: $570K
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
20% more funds holding
Funds holding: 25 → 30 (+5)
3.56% more ownership
Funds ownership: 9.29% → 12.86% (+3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.9M |
| 2 |
Guggenheim Capital
Chicago,
Illinois
|
+$456K |
| 3 |
Logan Stone Capital
Chicago,
Illinois
|
+$236K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$127K |
| 5 |
LPL Financial
San Diego,
California
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$195K |
| 2 |
Concord Investment Counsel
Irvine,
California
|
-$155K |
| 3 |
Sovran Advisors
San Diego,
California
|
-$106K |
| 4 |
Landscape Capital Management
Englewood,
New Jersey
|
-$82.3K |
| 5 |
NewEdge Advisors
New Orleans,
Louisiana
|
-$13.2K |
PCM Hedge Fund Activity: Q4 2025 in Review
30 of the 8,294 institutional investors tracked by Wall St. Rank reported a position in PCM Fund (PCM) for Q4 2025, worth a combined $9.6M — up 27% from $7.55M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PCM positions and 3 closed out — a net gain of 6 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.9M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $195K.
- 30 institutional investors held PCM Fund (PCM) as of Q4 2025, up from 25 in Q3 2025.
- Funds reported $9.6M of PCM Fund stock for Q4 2025, up 27% quarter-over-quarter.
- 9 funds opened new PCM Fund positions in Q4 2025 and 3 closed out, a net change of +6 holders.
- The largest PCM Fund buyer in Q4 2025 was Rivernorth Capital Management, an estimated $1.9M added.
- The largest PCM Fund seller in Q4 2025 was Cambridge Investment Research Advisors, an estimated $195K sold.
Based on aggregated 13F filings for Q4 2025.