We are live on ! Find out more
PCN

PIMCO Corporate & Income Strategy Fund
PCN

67 hedge funds and large institutions have $57.1M invested in PIMCO Corporate & Income Strategy Fund in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 7

11% more capital invested

Capital invested by funds: $51.5M → $57.1M (+$5.55M)

3% more funds holding

Funds holding: 65 → 67 (+2)

0% less ownership

Funds ownership: 8.28% → 8.27% (-0%)

18% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 22

Holders
67
Holders Change
+2
Holders Change %
+3.08%
% of All Funds
1.19%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
18
Reduced
22
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BPA
Beacon Pointe Advisors
California
+$2.63M
2
AR
Advisory Research
Illinois
+$1.48M
3
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$228K
4
CAN
Cetera Advisor Networks
California
+$206K
5
Stifel Financial
Stifel Financial
Missouri
+$180K

Top Sellers

Rank Fund Capital Flow
1
AWM
Apollon Wealth Management
South Carolina
-$916K
2
Morgan Stanley
Morgan Stanley
New York
-$868K
3
Osaic Holdings
Osaic Holdings
Arizona
-$750K
4
HighTower Advisors
HighTower Advisors
Illinois
-$456K
5
AAS
Avantax Advisory Services
Texas
-$453K
Name Holding Trade Value Shares
Change 		Change in
Stake
DA
26
Detalus Advisors
Missouri
$423K -$9.04K -550 -2%
BF
27
BOK Financial
Oklahoma
$419K -$50.3K -3,058 -11%
MAFM
28
Mid Atlantic Financial Management
Pennsylvania
$397K -$26.1K -1,589 -6%
SSWM
29
Sheets Smith Wealth Management
North Carolina
$372K – – –
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$362K +$10.8K +659 +3%
MML Investors Services
31
MML Investors Services
Massachusetts
$357K -$15.5K -942 -4%
IWM
32
IHT Wealth Management
Illinois
$350K -$230K -13,963 -41%
GC
33
Guggenheim Capital
Illinois
$350K -$1.12K -68 -0.3%
SVWAG
34
Sound View Wealth Advisors Group
Georgia
$314K – – –
OC
35
Oppenheimer & Co
New York
$281K +$1.58K +96 +0.6%
Stifel Financial
36
Stifel Financial
Missouri
$189K +$180K +10,937 New
Millennium Management
37
Millennium Management
New York
$179K +$171K +10,400 New
KA
38
Kovack Advisors
Florida
$174K – – –
CPWM
39
Cypress Point Wealth Management
Texas
$162K +$154K +9,369 New
PNC Financial Services Group
40
PNC Financial Services Group
Pennsylvania
$161K -$33 -2 -0%
WOC
41
West Oak Capital
California
$138K +$16.4K +1,000 +14%
RCA
42
Ranch Capital Advisors
Florida
$113K – – –
CFGS
43
Concourse Financial Group Securities
Alabama
$92K -$37.6K -2,290 -30%
ASN
44
Advisory Services Network
Georgia
$78K – – –
FPB
45
First PREMIER Bank
South Dakota
$73K – – –
Citigroup
46
Citigroup
New York
$57K – – –
GWM
47
Geneos Wealth Management
Colorado
$56K – – –
NL
48
NVWM LLC
Pennsylvania
$44K – – –
ED
49
Exane Derivatives
France
$29.3K – – –
HIA
50
Harbor Investment Advisory
Maryland
$29K +$27.3K +1,659 New
1
2
3

PCN Hedge Fund Activity: Q4 2020 in Review

67 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q4 2020, worth a combined $57.1M — up 11% from $51.5M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new PCN positions and 7 closed out — a net gain of 3 holders — while 18 added to existing stakes and 22 trimmed.

The largest buyer was Beacon Pointe Advisors, adding an estimated $2.63M. The largest seller was Apollon Wealth Management, exiting entirely with an estimated $916K sold.

  • 67 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q4 2020, up from 65 in Q3 2020.
  • Funds reported $57.1M of PIMCO Corporate & Income Strategy Fund stock for Q4 2020, up 11% quarter-over-quarter.
  • 10 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q4 2020 and 7 closed out, a net change of +3 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q4 2020 was Beacon Pointe Advisors, an estimated $2.63M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q4 2020 was Apollon Wealth Management, an estimated $916K sold.

Based on aggregated 13F filings for Q4 2020.