PIMCO Corporate & Income Strategy Fund
PCN
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.
0.14% more ownership
Funds ownership: 6.43% → 6.57% (+0.14%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (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: 63 → 62 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$484K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$456K |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$454K |
| 4 |
CNB
City National Bank
Beverly Hills,
California
|
+$348K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$283K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$765K |
| 2 |
LS
Lattice Strategies
Wayne,
Pennsylvania
|
-$305K |
| 3 |
SFSIG
San Francisco Sentry Investment Group
San Francisco,
California
|
-$298K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$270K |
| 5 |
Morgan Stanley
New York
|
-$260K |
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.