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PCN

PIMCO Corporate & Income Strategy Fund

73 hedge funds and large institutions have $51.8M invested in PIMCO Corporate & Income Strategy Fund in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

183% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 6

40% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 15

21% more capital invested

Capital invested by funds: $42.8M → $51.8M (+$8.99M)

18% more funds holding

Funds holding: 6273 (+11)

0.9% more ownership

Funds ownership: 5.9%6.79% (+0.9%)

Holders
73
Holders Change
+11
Holders Change %
+17.74%
% of All Funds
1.44%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
17
Increased
21
Reduced
15
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TF
26
Trek Financial
Arizona
$558K +$20.2K +1,070 +4%
MML Investors Services
27
MML Investors Services
Massachusetts
$553K -$267K -14,163 -33%
DA
28
Detalus Advisors
Missouri
$542K +$534K +28,338 New
Royal Bank of Canada
29
Royal Bank of Canada
Ontario, Canada
$532K -$32.3K -1,713 -6%
Truist Financial
30
Truist Financial
North Carolina
$504K +$178K +9,430 +56%
GC
31
Guggenheim Capital
Illinois
$447K -$14.6K -774 -3%
SSWM
32
Sheets Smith Wealth Management
North Carolina
$420K
MAFM
33
Mid Atlantic Financial Management
Pennsylvania
$411K -$53.6K -2,840 -12%
IAA
34
Independent Advisor Alliance
North Carolina
$358K +$353K +18,706 New
IWM
35
IHT Wealth Management
Illinois
$356K +$13.6K +720 +4%
SVWAG
36
Sound View Wealth Advisors Group
Georgia
$348K
AAS
37
Avantax Advisory Services
Texas
$346K +$341K +18,056 New
WAP
38
Wealthcare Advisory Partners
Pennsylvania
$328K -$4.43K -235 -1%
PNC Financial Services Group
39
PNC Financial Services Group
Pennsylvania
$328K
Stifel Financial
40
Stifel Financial
Missouri
$302K +$15.1K +800 +5%
PA
41
Planning Alternatives
Michigan
$272K
RJA
42
Raymond James & Associates
Florida
$220K +$25.5K +1,350 +13%
FAAS
43
First Allied Advisory Services
California
$212K -$29.9K -1,585 -12%
RIG
44
Ramiah Investment Group
Wisconsin
$209K +$206K +10,914 New
EWM
45
EPG Wealth Management
Georgia
$171K +$169K +8,945 New
WOC
46
West Oak Capital
California
$153K +$67.9K +3,600 +82%
CFGS
47
Concourse Financial Group Securities
Alabama
$146K +$90.3K +4,790 +171%
Bank of Montreal
48
Bank of Montreal
Ontario, Canada
$96K
CFB
49
Cullen/Frost Bankers
Texas
$96K
FPB
50
First PREMIER Bank
South Dakota
$95K -$11.8K -625 -11%

PCN Hedge Fund Activity: Q4 2019 in Review

73 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q4 2019, worth a combined $51.8M — up 21% from $42.8M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PCN positions and 6 closed out — a net gain of 11 holders — while 21 added to existing stakes and 15 trimmed.

The largest buyer was Natixis, adding an estimated $1.22M. The largest seller was Wells Fargo, cutting an estimated $536K.

  • 73 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q4 2019, up from 62 in Q3 2019.
  • Funds reported $51.8M of PIMCO Corporate & Income Strategy Fund stock for Q4 2019, up 21% quarter-over-quarter.
  • 17 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q4 2019 and 6 closed out, a net change of +11 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q4 2019 was Natixis, an estimated $1.22M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q4 2019 was Wells Fargo, an estimated $536K sold.

Based on aggregated 13F filings for Q4 2019.