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PCN

PIMCO Corporate & Income Strategy Fund

80 hedge funds and large institutions have $56.3M invested in PIMCO Corporate & Income Strategy Fund in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 10

14% more capital invested

Capital invested by funds: $49.3M → $56.3M (+$7.03M)

4% more funds holding

Funds holding: 7780 (+3)

2.18% more ownership

Funds ownership: 9.52%11.69% (+2.2%)

21% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 24

Holders
80
Holders Change
+3
Holders Change %
+3.9%
% of All Funds
1.38%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
13
Increased
19
Reduced
24
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Cetera Investment Advisers
26
Cetera Investment Advisers
Illinois
$543K +$51.9K +3,876 +9%
SWP
27
Stratos Wealth Partners
Ohio
$539K -$19.4K -1,449 -3%
KAS
28
Kestra Advisory Services
Texas
$477K -$149K -11,108 -22%
Truist Financial
29
Truist Financial
North Carolina
$348K +$1.45K +108 +0.4%
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$339K +$3.57K +267 +0.9%
Royal Bank of Canada
31
Royal Bank of Canada
Ontario, Canada
$309K -$195K -14,592 -36%
PGFC
32
Peapack-Gladstone Financial Corp
New Jersey
$303K +$343K +25,600 New
DA
33
Detalus Advisors
Missouri
$269K -$8.09K -605 -3%
AWM
34
Apollon Wealth Management
South Carolina
$257K
RJFSA
35
Raymond James Financial Services Advisors
Florida
$253K -$11.7K -876 -4%
GL
36
GHE LLC
Tennessee
$241K +$274K +20,500 New
GM
37
GeoWealth Management
Illinois
$239K -$14.8K -1,106 -5%
WP
38
WealthSpring Partners
California
$237K +$268K +20,008 New
OC
39
Oppenheimer & Co
New York
$220K +$21.9K +1,638 +10%
Susquehanna International Group
40
Susquehanna International Group
Pennsylvania
$178K +$201K +14,993 New
SSWM
41
Sheets Smith Wealth Management
North Carolina
$174K -$5.35K -400 -3%
IWM
42
IHT Wealth Management
Illinois
$157K -$26.8K -2,003 -13%
DWM
43
Darwin Wealth Management
Florida
$155K
SC
44
SouthState Corp
Florida
$155K
Stifel Financial
45
Stifel Financial
Missouri
$150K +$4.42K +330 +3%
CA
46
CoreCap Advisors
Michigan
$149K
CWM
47
Collaborative Wealth Management
Florida
$147K
PAG
48
Private Advisor Group
New Jersey
$142K +$22.1K +1,655 +16%
Envestnet Asset Management
49
Envestnet Asset Management
Illinois
$133K -$1.91K -143 -1%
IFG
50
Independent Financial Group
California
$129K +$145K +10,861 New

PCN Hedge Fund Activity: Q3 2022 in Review

80 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q3 2022, worth a combined $56.3M — up 14% from $49.3M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new PCN positions and 10 closed out — a net gain of 3 holders — while 19 added to existing stakes and 24 trimmed.

The largest buyer was Bridge Advisory, adding an estimated $1.77M. The largest seller was Janney Montgomery Scott, cutting an estimated $1.71M.

  • 80 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q3 2022, up from 77 in Q2 2022.
  • Funds reported $56.3M of PIMCO Corporate & Income Strategy Fund stock for Q3 2022, up 14% quarter-over-quarter.
  • 13 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q3 2022 and 10 closed out, a net change of +3 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q3 2022 was Bridge Advisory, an estimated $1.77M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q3 2022 was Janney Montgomery Scott, an estimated $1.71M sold.

Based on aggregated 13F filings for Q3 2022.