PIMCO Corporate & Income Strategy Fund
PCN
70 hedge funds and large institutions have $65.3M invested in PIMCO Corporate & Income Strategy Fund in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 7 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
4% more capital invested
Capital invested by funds: $62.8M → $65.3M (+$2.49M)
0.32% less ownership
Funds ownership: 8.9% → 8.58% (-0.32%)
8% less funds holding
Funds holding: 76 → 70 (-6)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$959K |
| 2 |
JFA
Johanson Financial Advisors
Campbell,
California
|
+$487K |
| 3 |
BA
Bridge Advisory
Pasadena,
California
|
+$484K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$465K |
| 5 |
Morgan Stanley
New York
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$725K |
| 2 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$627K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$352K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$299K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$235K |
PCN Hedge Fund Activity: Q2 2021 in Review
70 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q2 2021, worth a combined $65.3M — up 4% from $62.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PCN and 3 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 23 added.
The largest buyer was Janney Montgomery Scott, adding an estimated $959K. The largest seller was International Assets Investment Management, cutting an estimated $725K.
- 70 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q2 2021, down from 76 in Q1 2021.
- Funds reported $65.3M of PIMCO Corporate & Income Strategy Fund stock for Q2 2021, up 4% quarter-over-quarter.
- 3 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q2 2021 and 7 closed out, a net change of -4 holders.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q2 2021 was Janney Montgomery Scott, an estimated $959K added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q2 2021 was International Assets Investment Management, an estimated $725K sold.
Based on aggregated 13F filings for Q2 2021.