PIMCO Corporate & Income Strategy Fund
PCN
58 hedge funds and large institutions have $47.1M invested in PIMCO Corporate & Income Strategy Fund in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
18% more capital invested
Capital invested by funds: $40M → $47.1M (+$7.11M)
7% more funds holding
Funds holding: 54 → 58 (+4)
1.88% more ownership
Funds ownership: 6.77% → 8.65% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$7.38M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.61M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$660K |
| 4 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$644K |
| 5 |
LPL Financial
San Diego,
California
|
+$644K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$1.41M |
| 2 |
SG Americas Securities
New York
|
-$781K |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
-$267K |
| 4 |
LS
Lattice Strategies
Wayne,
Pennsylvania
|
-$202K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
-$196K |
PCN Hedge Fund Activity: Q2 2015 in Review
58 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q2 2015, worth a combined $47.1M — up 18% from $40M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PCN positions and 6 closed out — a net gain of 4 holders — while 15 added to existing stakes and 17 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $7.38M. The largest seller was MSI Financial Services, cutting an estimated $1.41M.
- 58 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q2 2015, up from 54 in Q1 2015.
- Funds reported $47.1M of PIMCO Corporate & Income Strategy Fund stock for Q2 2015, up 18% quarter-over-quarter.
- 10 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q2 2015 and 6 closed out, a net change of +4 holders.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q2 2015 was Bessemer Group, an estimated $7.38M added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q2 2015 was MSI Financial Services, an estimated $1.41M sold.
Based on aggregated 13F filings for Q2 2015.