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PCN

PIMCO Corporate & Income Strategy Fund

57 hedge funds and large institutions have $42.5M invested in PIMCO Corporate & Income Strategy Fund in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 15

4% more capital invested

Capital invested by funds: $40.8M → $42.5M (+$1.68M)

0.64% less ownership

Funds ownership: 6.96%6.32% (-0.64%)

12% less funds holding

Funds holding: 6557 (-8)

67% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 12

Holders
57
Holders Change
-8
Holders Change %
-12.31%
% of All Funds
1.23%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
23
Reduced
15
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SVWA
26
Sound View Wealth Advisors
Georgia
$313K
SWP
27
Stratos Wealth Partners
Ohio
$313K +$179 +11 +0.1%
PNC Financial Services Group
28
PNC Financial Services Group
Pennsylvania
$309K +$12.9K +791 +5%
Truist Financial
29
Truist Financial
North Carolina
$275K +$3.26K +200 +1%
Stifel Financial
30
Stifel Financial
Missouri
$264K +$35.2K +2,160 +16%
PA
31
Planning Alternatives
Michigan
$245K
STA
32
Summit Trail Advisors
New York
$243K +$228K +14,000 New
HighTower Advisors
33
HighTower Advisors
Illinois
$234K +$221K +13,578 New
RRWA
34
Rainey & Randall Wealth Advisors
Florida
$216K +$4.21K +258 +2%
FAAS
35
First Allied Advisory Services
California
$209K -$6.52K -400 -3%
KA
36
Kovack Advisors
Florida
$207K +$21.2K +1,300 +12%
AIP
37
Ahrens Investment Partners
Louisiana
$187K -$18.7K -1,150 -10%
CFGS
38
Concourse Financial Group Securities
Alabama
$151K +$75.8K +4,650 +114%
IA
39
IFP Advisors
Florida
$139K +$87.8K +5,383 +201%
FPB
40
First PREMIER Bank
South Dakota
$97K
Bank of Montreal
41
Bank of Montreal
Ontario, Canada
$86K
EFSCE
42
Enterprise Financial Services Corp (EFSC)
Missouri
$63K
GWM
43
Geneos Wealth Management
Colorado
$56K +$6.52K +400 +14%
SF
44
Synovus Financial
Georgia
$54K
WOC
45
West Oak Capital
California
$53K +$16.3K +1,000 +48%
QCIG
46
Quad-Cities Investment Group
Iowa
$33K +$31.4K +1,928 New
ASN
47
Advisory Services Network
Georgia
$32K
NSIM
48
North Star Investment Management
Illinois
$26K
FIB
49
First Interstate Bank
Montana
$23K
BFEC
50
Benjamin F. Edwards & Company
Missouri
$20K +$408 +25 +2%

PCN Hedge Fund Activity: Q1 2019 in Review

57 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q1 2019, worth a combined $42.5M — up 4.1% from $40.8M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of PCN and 4 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 23 added.

The largest buyer was Bank of America, adding an estimated $1.42M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.27M sold.

  • 57 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q1 2019, down from 65 in Q4 2018.
  • Funds reported $42.5M of PIMCO Corporate & Income Strategy Fund stock for Q1 2019, up 4.1% quarter-over-quarter.
  • 4 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q1 2019 and 12 closed out, a net change of -8 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q1 2019 was Bank of America, an estimated $1.42M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $3.27M sold.

Based on aggregated 13F filings for Q1 2019.