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PCN

PIMCO Corporate & Income Strategy Fund

54 hedge funds and large institutions have $40M invested in PIMCO Corporate & Income Strategy Fund in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 15

2% more capital invested

Capital invested by funds: $39.2M → $40M (+$815K)

0.02% more ownership

Funds ownership: 6.75%6.77% (+0.02%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less funds holding

Funds holding: 5754 (-3)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
54
Holders Change
-3
Holders Change %
-5.26%
% of All Funds
1.44%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
19
Reduced
15
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PA
26
Planning Alternatives
Michigan
$304K
LTFS
27
Ladenburg Thalmann Financial Services
Florida
$291K +$1.04K +68 +0.4%
SB
28
Suntrust Banks
Georgia
$274K
BA
29
Boston Advisors
Massachusetts
$247K -$18.4K -1,200 -7%
LS
30
Lattice Strategies
Pennsylvania
$202K +$202K +13,124 New
Deutsche Bank
31
Deutsche Bank
Germany
$187K +$31.7K +2,065 +20%
SPC
32
Sigma Planning Corp
Michigan
$180K -$61.4K -4,001 -25%
Janney Montgomery Scott
33
Janney Montgomery Scott
Pennsylvania
$178K -$13.3K -867 -7%
Cambridge Investment Research Advisors
34
Cambridge Investment Research Advisors
Iowa
$168K -$133K -8,646 -44%
EFSCE
35
Enterprise Financial Services Corp (EFSC)
Missouri
$115K
Royal Bank of Canada
36
Royal Bank of Canada
Ontario, Canada
$112K -$27.1K -1,764 -19%
WT
37
Whittier Trust
California
$108K
BKA
38
Brick & Kyle Associates
Pennsylvania
$92K
ST
39
Smithfield Trust
Pennsylvania
$92K
SF
40
Synovus Financial
Georgia
$87K
Bank of Montreal
41
Bank of Montreal
Ontario, Canada
$65K
BAM
42
Bruderman Asset Management
New York
$47K +$46.4K +3,020 New
MMG
43
Monetary Management Group
Missouri
$42K
MA
44
MCF Advisors
Kentucky
$31K +$30.7K +2,000 New
ASN
45
Advisory Services Network
Georgia
$29K +$28.9K +1,880 New
BFEC
46
Benjamin F. Edwards & Company
Missouri
$24K +$184 +12 +0.8%
Citigroup
47
Citigroup
New York
$20K -$5.77K -376 -22%
BCM
48
Blume Capital Management
California
$12K
IC
49
Intersect Capital
California
$12K +$12K +781 New
ATC
50
Adirondack Trust Company
New York
$8K

PCN Hedge Fund Activity: Q1 2015 in Review

54 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q1 2015, worth a combined $40M — up 2.1% from $39.2M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of PCN and 6 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 19 added.

The largest buyer was Trutina Financial, opening a new position worth an estimated $1.14M. The largest seller was Doliver Advisors, exiting entirely with an estimated $688K sold.

  • 54 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q1 2015, down from 57 in Q4 2014.
  • Funds reported $40M of PIMCO Corporate & Income Strategy Fund stock for Q1 2015, up 2.1% quarter-over-quarter.
  • 6 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q1 2015 and 7 closed out, a net change of -1 holder.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q1 2015 was Trutina Financial, an estimated $1.14M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q1 2015 was Doliver Advisors, an estimated $688K sold.

Based on aggregated 13F filings for Q1 2015.