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PCN

PIMCO Corporate & Income Strategy Fund

81 hedge funds and large institutions have $59.4M invested in PIMCO Corporate & Income Strategy Fund in 2022 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 20

5% more capital invested

Capital invested by funds: $56.3M → $59.4M (+$3.03M)

1% more funds holding

Funds holding: 8081 (+1)

8% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 13

0.64% more ownership

Funds ownership: 11.69%12.34% (+0.64%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
81
Holders Change
+1
Holders Change %
+1.25%
% of All Funds
1.3%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
14
Increased
26
Reduced
20
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
26
Wells Fargo
California
$556K -$7.3K -593 -1%
BPA
27
Beacon Pointe Advisors
California
$507K -$356K -28,938 -40%
SWP
28
Stratos Wealth Partners
Ohio
$478K -$63.9K -5,193 -11%
SWP
29
Semus Wealth Partners
Florida
$383K +$398K +32,355 New
VF
30
Virtu Financial
New York
$369K +$384K +31,154 New
Cambridge Investment Research Advisors
31
Cambridge Investment Research Advisors
Iowa
$360K +$21.4K +1,741 +6%
Truist Financial
32
Truist Financial
North Carolina
$348K
Millennium Management
33
Millennium Management
New York
$327K +$340K +27,636 New
PGFC
34
Peapack-Gladstone Financial Corp
New Jersey
$292K -$12.3K -1,000 -4%
GL
35
GHE LLC
Tennessee
$282K +$36.9K +3,000 +15%
DA
36
Detalus Advisors
Missouri
$269K
AWM
37
Apollon Wealth Management
South Carolina
$257K
RJFSA
38
Raymond James Financial Services Advisors
Florida
$246K -$7.54K -612 -3%
OC
39
Oppenheimer & Co
New York
$244K +$24.2K +1,963 +11%
SVWAG
40
Sound View Wealth Advisors Group
Georgia
$224K +$222K +18,036 New
EC
41
Elequin Capital
New York
$187K +$195K +15,820 New
BAG
42
Bridgewealth Advisory Group
California
$165K +$171K +13,911 New
SSWM
43
Sheets Smith Wealth Management
North Carolina
$163K -$11.7K -950 -6%
CWM
44
Collaborative Wealth Management
Florida
$159K +$12.3K +1,001 +8%
SC
45
SouthState Corp
Florida
$155K
Stifel Financial
46
Stifel Financial
Missouri
$150K
CA
47
CoreCap Advisors
Michigan
$149K -$62 -5 -0%
IFG
48
Independent Financial Group
California
$146K +$18.5K +1,500 +14%
Envestnet Asset Management
49
Envestnet Asset Management
Illinois
$138K +$4.62K +375 +3%
MCC
50
Money Concepts Capital
Florida
$135K +$141K +11,417 New

PCN Hedge Fund Activity: Q4 2022 in Review

81 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q4 2022, worth a combined $59.4M — up 5.4% from $56.3M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new PCN positions and 13 closed out — a net gain of 1 holder — while 26 added to existing stakes and 20 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $1.01M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.06M sold.

  • 81 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q4 2022, up from 80 in Q3 2022.
  • Funds reported $59.4M of PIMCO Corporate & Income Strategy Fund stock for Q4 2022, up 5.4% quarter-over-quarter.
  • 14 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q4 2022 and 13 closed out, a net change of +1 holder.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q4 2022 was Guggenheim Capital, an estimated $1.01M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q4 2022 was Rivernorth Capital Management, an estimated $1.06M sold.

Based on aggregated 13F filings for Q4 2022.