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PCN

PIMCO Corporate & Income Strategy Fund

57 hedge funds and large institutions have $39.2M invested in PIMCO Corporate & Income Strategy Fund in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 13

0.17% more ownership

Funds ownership: 6.57%6.75% (+0.17%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less capital invested

Capital invested by funds: $39.8M → $39.2M (-$667K)

8% less funds holding

Funds holding: 6257 (-5)

25% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 12

Holders
57
Holders Change
-5
Holders Change %
-8.06%
% of All Funds
1.52%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
9
Increased
17
Reduced
13
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PA
26
Planning Alternatives
Michigan
$298K
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$296K -$2.41K -150 -0.8%
LTFS
28
Ladenburg Thalmann Financial Services
Florida
$286K -$14.6K -909 -5%
AIG
29
American International Group
New York
$274K +$61.2K +3,803 +26%
VKH
30
Virtu KCG Holdings
New York
$271K +$25.6K +1,594 +10%
SB
31
Suntrust Banks
Georgia
$268K
BA
32
Boston Advisors
Massachusetts
$261K -$32.2K -2,000 -10%
PNC Financial Services Group
33
PNC Financial Services Group
Pennsylvania
$260K
SPC
34
Sigma Planning Corp
Michigan
$237K +$253K +15,717 New
Janney Montgomery Scott
35
Janney Montgomery Scott
Pennsylvania
$188K -$17.2K -1,068 -8%
ICAS
36
Investors Capital Advisory Services
Massachusetts
$156K +$166K +10,327 New
Deutsche Bank
37
Deutsche Bank
Germany
$152K +$547 +34 +0.3%
Royal Bank of Canada
38
Royal Bank of Canada
Ontario, Canada
$137K +$57.7K +3,589 +66%
EFSCE
39
Enterprise Financial Services Corp (EFSC)
Missouri
$113K
NES
40
New England Securities
New York
$113K +$19.9K +1,235 +20%
WT
41
Whittier Trust
California
$106K
ST
42
Smithfield Trust
Pennsylvania
$91K
BKA
43
Brick & Kyle Associates
Pennsylvania
$90K +$96.1K +5,975 New
SF
44
Synovus Financial
Georgia
$84K +$90.2K +5,611 New
Bank of Montreal
45
Bank of Montreal
Ontario, Canada
$64K
GGPS
46
Gary Goldberg Planning Services
New York
$46K
BNP Paribas Financial Markets
47
BNP Paribas Financial Markets
France
$42.3K +$38.6K +2,400 +600%
MMG
48
Monetary Management Group
Missouri
$42K
Citigroup
49
Citigroup
New York
$26K
BFEC
50
Benjamin F. Edwards & Company
Missouri
$23K +$12.1K +750 +95%

PCN Hedge Fund Activity: Q4 2014 in Review

57 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q4 2014, worth a combined $39.2M — down 1.7% from $39.8M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of PCN and 9 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 17 added.

The largest buyer was SG Americas Securities, opening a new position worth an estimated $935K. The largest seller was Advisory Research, cutting an estimated $510K.

  • 57 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q4 2014, down from 62 in Q3 2014.
  • Funds reported $39.2M of PIMCO Corporate & Income Strategy Fund stock for Q4 2014, down 1.7% quarter-over-quarter.
  • 9 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q4 2014 and 12 closed out, a net change of -3 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q4 2014 was SG Americas Securities, an estimated $935K added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q4 2014 was Advisory Research, an estimated $510K sold.

Based on aggregated 13F filings for Q4 2014.