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PCN

PIMCO Corporate & Income Strategy Fund

64 hedge funds and large institutions have $49.5M invested in PIMCO Corporate & Income Strategy Fund in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 14

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

15% more capital invested

Capital invested by funds: $43.2M → $49.5M (+$6.3M)

3% more funds holding

Funds holding: 6264 (+2)

0.62% more ownership

Funds ownership: 6.26%6.88% (+0.62%)

Holders
64
Holders Change
+2
Holders Change %
+3.23%
% of All Funds
1.46%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
21
Reduced
14
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
26
PNC Financial Services Group
Pennsylvania
$313K -$11.3K -620 -3%
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$302K +$7.19K +395 +2%
Truist Financial
28
Truist Financial
North Carolina
$289K
Jane Street
29
Jane Street
New York
$287K +$286K +15,688 New
DWM
30
Dynasty Wealth Management
Florida
$280K +$765 +42 +0.3%
PA
31
Planning Alternatives
Michigan
$261K
Stifel Financial
32
Stifel Financial
Missouri
$223K -$31.2K -1,713 -12%
RRWA
33
Rainey & Randall Wealth Advisors
Florida
$223K
FAAS
34
First Allied Advisory Services
California
$222K -$276K -15,175 -55%
HF
35
HRT Financial
New York
$215K +$215K +11,800 New
TCM
36
Traynor Capital Management
Pennsylvania
$205K +$2.71K +149 +1%
CWM
37
Cornerstone Wealth Management
Missouri
$200K -$24.7K -1,356 -28%
KA
38
Kovack Advisors
Florida
$196K +$195K +10,723 New
Millennium Management
39
Millennium Management
New York
$195K +$194K +10,675 New
RJA
40
Raymond James & Associates
Florida
$188K +$187K +10,276 New
IA
41
IFP Advisors
Florida
$130K +$21.4K +1,175 +20%
FPB
42
First PREMIER Bank
South Dakota
$109K -$6.9K -379 -6%
Bank of Montreal
43
Bank of Montreal
Ontario, Canada
$91K
EFSCE
44
Enterprise Financial Services Corp (EFSC)
Missouri
$67K
SF
45
Synovus Financial
Georgia
$58K
Citigroup
46
Citigroup
New York
$49K +$30.5K +1,674 +167%
FIB
47
First Interstate Bank
Montana
$48K
GWM
48
Geneos Wealth Management
Colorado
$40K +$8.99K +494 +29%
WOC
49
West Oak Capital
California
$38.4K
ASN
50
Advisory Services Network
Georgia
$34K

PCN Hedge Fund Activity: Q3 2018 in Review

64 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q3 2018, worth a combined $49.5M — up 15% from $43.2M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new PCN positions and 6 closed out — a net gain of 2 holders — while 21 added to existing stakes and 14 trimmed.

The largest buyer was Ameriprise, adding an estimated $2.64M. The largest seller was Bank of America, cutting an estimated $1.43M.

  • 64 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q3 2018, up from 62 in Q2 2018.
  • Funds reported $49.5M of PIMCO Corporate & Income Strategy Fund stock for Q3 2018, up 15% quarter-over-quarter.
  • 8 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q3 2018 and 6 closed out, a net change of +2 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q3 2018 was Ameriprise, an estimated $2.64M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q3 2018 was Bank of America, an estimated $1.43M sold.

Based on aggregated 13F filings for Q3 2018.