We are live on ! Find out more
PCN

PIMCO Corporate & Income Strategy Fund
PCN

65 hedge funds and large institutions have $51.5M invested in PIMCO Corporate & Income Strategy Fund in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 18

4% more capital invested

Capital invested by funds: $49.5M → $51.5M (+$2.07M)

0.42% more ownership

Funds ownership: 7.86% → 8.28% (+0.42%)

2% less funds holding

Funds holding: 66 → 65 (-1)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

Holders
65
Holders Change
-1
Holders Change %
-1.52%
% of All Funds
1.31%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
21
Reduced
18
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BPA
Beacon Pointe Advisors
California
+$1.15M
2
AWM
Apollon Wealth Management
South Carolina
+$585K
3
LPL Financial
LPL Financial
California
+$473K
4
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
+$349K
5
CAN
Cetera Advisor Networks
California
+$316K

Top Sellers

Rank Fund Capital Flow
1
Osaic Holdings
Osaic Holdings
Arizona
-$778K
2
ED
Exane Derivatives
France
-$339K
3
ACM
Anfield Capital Management
California
-$314K
4
WAP
Wealthcare Advisory Partners
Pennsylvania
-$220K
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$184K
Name Holding Trade Value Shares
Change 		Change in
Stake
RJFSA
26
Raymond James Financial Services Advisors
Florida
$448K -$24.9K -1,577 -5%
BF
27
BOK Financial
Oklahoma
$428K -$158K -10,052 -27%
Truist Financial
28
Truist Financial
North Carolina
$423K +$74.9K +4,748 +21%
MAFM
29
Mid Atlantic Financial Management
Pennsylvania
$398K +$30.8K +1,955 +9%
DA
30
Detalus Advisors
Missouri
$392K – – –
MML Investors Services
31
MML Investors Services
Massachusetts
$338K -$4.9K -311 -1%
SSWM
32
Sheets Smith Wealth Management
North Carolina
$337K – – –
GC
33
Guggenheim Capital
Illinois
$318K -$8.94K -567 -3%
Cambridge Investment Research Advisors
34
Cambridge Investment Research Advisors
Iowa
$317K -$29K -1,838 -8%
SVWAG
35
Sound View Wealth Advisors Group
Georgia
$284K – – –
OC
36
Oppenheimer & Co
New York
$253K +$14.1K +895 +6%
PA
37
Planning Alternatives
Michigan
$238K – – –
JFA
38
Johanson Financial Advisors
California
$224K +$220K +13,980 New
FAAS
39
First Allied Advisory Services
California
$206K -$22.9K -1,450 -10%
JWCA
40
J.W. Cole Advisors
Florida
$161K +$163K +10,313 New
KA
41
Kovack Advisors
Florida
$157K – – –
PNC Financial Services Group
42
PNC Financial Services Group
Pennsylvania
$146K -$123K -7,784 -45%
CFGS
43
Concourse Financial Group Securities
Alabama
$119K – – –
WOC
44
West Oak Capital
California
$109K -$25.2K -1,600 -19%
RCA
45
Ranch Capital Advisors
Florida
$103K – – –
PFS
46
Prospera Financial Services
Texas
$82K +$83.2K +5,280 New
ASN
47
Advisory Services Network
Georgia
$71K +$71.3K +4,521 New
FPB
48
First PREMIER Bank
South Dakota
$66K – – –
Citigroup
49
Citigroup
New York
$52K – – –
GWM
50
Geneos Wealth Management
Colorado
$50K – – –
1
2
3

PCN Hedge Fund Activity: Q3 2020 in Review

65 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q3 2020, worth a combined $51.5M — up 4.2% from $49.5M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of PCN and 8 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 21 added.

The largest buyer was Beacon Pointe Advisors, adding an estimated $1.15M. The largest seller was Osaic Holdings, cutting an estimated $778K.

  • 65 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q3 2020, down from 66 in Q2 2020.
  • Funds reported $51.5M of PIMCO Corporate & Income Strategy Fund stock for Q3 2020, up 4.2% quarter-over-quarter.
  • 8 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q3 2020 and 9 closed out, a net change of -1 holder.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q3 2020 was Beacon Pointe Advisors, an estimated $1.15M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q3 2020 was Osaic Holdings, an estimated $778K sold.

Based on aggregated 13F filings for Q3 2020.