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PCN

PIMCO Corporate & Income Strategy Fund

62 hedge funds and large institutions have $42.8M invested in PIMCO Corporate & Income Strategy Fund in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

9% more capital invested

Capital invested by funds: $39.2M → $42.8M (+$3.56M)

2% more funds holding

Funds holding: 6162 (+1)

0.1% more ownership

Funds ownership: 5.79%5.9% (+0.1%)

6% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 18

Holders
62
Holders Change
+1
Holders Change %
+1.64%
% of All Funds
1.36%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
17
Reduced
18
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SSWM
26
Sheets Smith Wealth Management
North Carolina
$403K -$7.13K -400 -2%
SWP
27
Stratos Wealth Partners
Ohio
$334K -$17.6K -990 -5%
SVWAG
28
Sound View Wealth Advisors Group
Georgia
$334K
IWM
29
IHT Wealth Management
Illinois
$329K -$75.9K -4,258 -19%
WAP
30
Wealthcare Advisory Partners
Pennsylvania
$319K -$36.1K -2,027 -10%
PNC Financial Services Group
31
PNC Financial Services Group
Pennsylvania
$315K
Truist Financial
32
Truist Financial
North Carolina
$311K
Stifel Financial
33
Stifel Financial
Missouri
$275K +$9.8K +550 +4%
PA
34
Planning Alternatives
Michigan
$261K
CAN
35
Claraphi Advisory Network
United States
$238K +$231K +12,957 New
FAAS
36
First Allied Advisory Services
California
$235K +$8.91K +500 +4%
KA
37
Kovack Advisors
Florida
$187K -$32.6K -1,829 -15%
RJA
38
Raymond James & Associates
Florida
$187K +$181K +10,177 New
FPB
39
First PREMIER Bank
South Dakota
$103K
Bank of Montreal
40
Bank of Montreal
Ontario, Canada
$92K
CFB
41
Cullen/Frost Bankers
Texas
$92K +$89.1K +5,000 New
WOC
42
West Oak Capital
California
$81K +$23.2K +1,300 +42%
AIC
43
Ameritas Investment Company
Nebraska
$69K +$67K +3,760 New
EFSCE
44
Enterprise Financial Services Corp (EFSC)
Missouri
$67K
Citigroup
45
Citigroup
New York
$61K -$123K -6,881 -68%
GWM
46
Geneos Wealth Management
Colorado
$60K
SF
47
Synovus Financial
Georgia
$58K
QCIG
48
Quad-Cities Investment Group
Iowa
$56K +$677 +38 +1%
CFGS
49
Concourse Financial Group Securities
Alabama
$52K -$98.8K -5,540 -66%
NL
50
NVWM LLC
Pennsylvania
$46K

PCN Hedge Fund Activity: Q3 2019 in Review

62 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q3 2019, worth a combined $42.8M — up 9.1% from $39.2M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new PCN positions and 9 closed out — a net gain of 1 holder — while 17 added to existing stakes and 18 trimmed.

The largest buyer was Natixis, opening a new position worth an estimated $1.18M. The largest seller was Bank of America, cutting an estimated $969K.

  • 62 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q3 2019, up from 61 in Q2 2019.
  • Funds reported $42.8M of PIMCO Corporate & Income Strategy Fund stock for Q3 2019, up 9.1% quarter-over-quarter.
  • 10 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q3 2019 and 9 closed out, a net change of +1 holder.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q3 2019 was Natixis, an estimated $1.18M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q3 2019 was Bank of America, an estimated $969K sold.

Based on aggregated 13F filings for Q3 2019.