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PCN

PIMCO Corporate & Income Strategy Fund

62 hedge funds and large institutions have $39.8M invested in PIMCO Corporate & Income Strategy Fund in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.14% more ownership

Funds ownership: 6.43%6.57% (+0.14%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less capital invested

Capital invested by funds: $41.6M → $39.8M (-$1.79M)

6% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 16

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

2% less funds holding

Funds holding: 6362 (-1)

Holders
62
Holders Change
-1
Holders Change %
-1.59%
% of All Funds
1.8%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
15
Reduced
16
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PA
26
Planning Alternatives
Michigan
$312K
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$311K -$99.7K -6,025 -23%
BA
28
Boston Advisors
Massachusetts
$304K
SB
29
Suntrust Banks
Georgia
$281K
PNC Financial Services Group
30
PNC Financial Services Group
Pennsylvania
$271K +$241K +14,568 +568%
LS
31
Lattice Strategies
Pennsylvania
$266K -$305K -18,416 -52%
PAG
32
Private Advisor Group
New Jersey
$264K -$8.85K -535 -3%
VKH
33
Virtu KCG Holdings
New York
$258K +$271K +16,346 New
HCM
34
Hollencrest Capital Management
California
$227K +$237K +14,350 New
AIG
35
American International Group
New York
$227K +$60.9K +3,681 +34%
Janney Montgomery Scott
36
Janney Montgomery Scott
Pennsylvania
$213K -$14.3K -862 -6%
TCT
37
TIAA CREF Trust
Missouri
$210K
FNYS
38
First New York Securities
New York
$172K +$180K +10,878 New
Deutsche Bank
39
Deutsche Bank
Germany
$159K +$513 +31 +0.3%
EFSCE
40
Enterprise Financial Services Corp (EFSC)
Missouri
$118K
WT
41
Whittier Trust
California
$111K
NES
42
New England Securities
New York
$98K -$176K -10,664 -63%
NFG
43
Next Financial Group
Texas
$96K +$101K +6,094 New
ST
44
Smithfield Trust
Pennsylvania
$95K
Royal Bank of Canada
45
Royal Bank of Canada
Ontario, Canada
$86K -$51.3K -3,100 -36%
Ameriprise
46
Ameriprise
Minnesota
$74K -$36.7K -2,217 -32%
Bank of Montreal
47
Bank of Montreal
Ontario, Canada
$66K
Fifth Third Bancorp
48
Fifth Third Bancorp
Ohio
$63K
GGPS
49
Gary Goldberg Planning Services
New York
$48K
MMG
50
Monetary Management Group
Missouri
$43K -$116K -7,000 -72%

PCN Hedge Fund Activity: Q3 2014 in Review

62 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q3 2014, worth a combined $39.8M — down 4.3% from $41.6M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of PCN and 10 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 15 added.

The largest buyer was AQR Capital Management, opening a new position worth an estimated $484K. The largest seller was Guggenheim Capital, cutting an estimated $765K.

  • 62 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q3 2014, down from 63 in Q2 2014.
  • Funds reported $39.8M of PIMCO Corporate & Income Strategy Fund stock for Q3 2014, down 4.3% quarter-over-quarter.
  • 10 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q3 2014 and 11 closed out, a net change of -1 holder.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q3 2014 was AQR Capital Management, an estimated $484K added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q3 2014 was Guggenheim Capital, an estimated $765K sold.

Based on aggregated 13F filings for Q3 2014.