PIMCO Corporate & Income Strategy Fund
PCN
61 hedge funds and large institutions have $39.2M invested in PIMCO Corporate & Income Strategy Fund in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
7% more funds holding
Funds holding: 57 → 61 (+4)
0.53% less ownership
Funds ownership: 6.32% → 5.79% (-0.53%)
8% less capital invested
Capital invested by funds: $42.5M → $39.2M (-$3.27M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.17M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$647K |
| 3 |
CWP
Capital Wealth Planning
Naples,
Florida
|
+$434K |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$397K |
| 5 |
Jane Street
New York
|
+$376K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$3.65M |
| 2 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$517K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$252K |
| 4 |
STA
Summit Trail Advisors
New York
|
-$243K |
| 5 |
RRWA
Rainey & Randall Wealth Advisors
Celebration,
Florida
|
-$216K |
PCN Hedge Fund Activity: Q2 2019 in Review
61 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q2 2019, worth a combined $39.2M — down 7.7% from $42.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PCN positions and 6 closed out — a net gain of 7 holders — while 16 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.17M. The largest seller was Invesco, exiting entirely with an estimated $3.65M sold.
- 61 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q2 2019, up from 57 in Q1 2019.
- Funds reported $39.2M of PIMCO Corporate & Income Strategy Fund stock for Q2 2019, down 7.7% quarter-over-quarter.
- 13 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q2 2019 and 6 closed out, a net change of +7 holders.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q2 2019 was Morgan Stanley, an estimated $1.17M added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q2 2019 was Invesco, an estimated $3.65M sold.
Based on aggregated 13F filings for Q2 2019.