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PCN

PIMCO Corporate & Income Strategy Fund

62 hedge funds and large institutions have $43.2M invested in PIMCO Corporate & Income Strategy Fund in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

31% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 13

16% more capital invested

Capital invested by funds: $37.3M → $43.2M (+$5.83M)

7% more funds holding

Funds holding: 5862 (+4)

0.52% more ownership

Funds ownership: 5.74%6.26% (+0.52%)

Holders
62
Holders Change
+4
Holders Change %
+6.9%
% of All Funds
1.42%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
17
Reduced
13
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Cambridge Investment Research Advisors
26
Cambridge Investment Research Advisors
Iowa
$283K +$28.3K +1,636 +11%
Truist Financial
27
Truist Financial
North Carolina
$277K
CWM
28
Cornerstone Wealth Management
Missouri
$270K +$82.9K +4,790 New
DWM
29
Dynasty Wealth Management
Florida
$268K +$52.7K +3,044 +25%
PA
30
Planning Alternatives
Michigan
$250K
Stifel Financial
31
Stifel Financial
Missouri
$248K +$22K +1,273 +10%
RRWA
32
Rainey & Randall Wealth Advisors
Florida
$214K
TCM
33
Traynor Capital Management
Pennsylvania
$196K -$61.7K -3,568 -24%
HK
34
Horizon Kinetics
New York
$180K
SBH
35
Segall Bryant & Hamill
Illinois
$180K
Northwestern Mutual Wealth Management
36
Northwestern Mutual Wealth Management
Wisconsin
$144K -$216K -12,480 -60%
WAP
37
Wealthcare Advisory Partners
Pennsylvania
$127K +$108K +6,227 +623%
FPB
38
First PREMIER Bank
South Dakota
$111K -$9.1K -526 -8%
GRP
39
Global Retirement Partners
California
$105K +$3.01K +174 +3%
IA
40
IFP Advisors
Florida
$104K
CF
41
Centaurus Financial
California
$91K +$90K +5,200 New
Bank of Montreal
42
Bank of Montreal
Ontario, Canada
$88K
NMC
43
Nine Masts Capital
Hong Kong
$88K +$86.5K +5,000 New
EFSCE
44
Enterprise Financial Services Corp (EFSC)
Missouri
$64K
SF
45
Synovus Financial
Georgia
$56K
FIB
46
First Interstate Bank
Montana
$46K +$10.4K +600 +30%
WOC
47
West Oak Capital
California
$36.9K
LA
48
Legacy Advisors
Pennsylvania
$35K +$34.1K +1,973 New
ASN
49
Advisory Services Network
Georgia
$34K
TFA
50
Toth Financial Advisory
Virginia
$31K

PCN Hedge Fund Activity: Q2 2018 in Review

62 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q2 2018, worth a combined $43.2M — up 16% from $37.3M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new PCN positions and 4 closed out — a net gain of 4 holders — while 17 added to existing stakes and 13 trimmed.

The largest buyer was Cetera Advisor Networks, opening a new position worth an estimated $1.35M. The largest seller was Mariner Independent Advisor Network, exiting entirely with an estimated $478K sold.

  • 62 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q2 2018, up from 58 in Q1 2018.
  • Funds reported $43.2M of PIMCO Corporate & Income Strategy Fund stock for Q2 2018, up 16% quarter-over-quarter.
  • 8 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q2 2018 and 4 closed out, a net change of +4 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q2 2018 was Cetera Advisor Networks, an estimated $1.35M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q2 2018 was Mariner Independent Advisor Network, an estimated $478K sold.

Based on aggregated 13F filings for Q2 2018.