We are live on ! Find out more
PCN

PIMCO Corporate & Income Strategy Fund

76 hedge funds and large institutions have $64.4M invested in PIMCO Corporate & Income Strategy Fund in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 19

8% more capital invested

Capital invested by funds: $59.4M → $64.4M (+$5.04M)

0.69% more ownership

Funds ownership: 12.34%13.03% (+0.69%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

6% less funds holding

Funds holding: 8176 (-5)

23% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 13

Holders
76
Holders Change
-5
Holders Change %
-6.17%
% of All Funds
1.21%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
26
Reduced
19
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BPA
26
Beacon Pointe Advisors
California
$469K -$70.9K -5,427 -13%
PI
27
PFG Investments
New York
$450K +$469K +35,886 New
SWP
28
Stratos Wealth Partners
Ohio
$406K -$103K -7,923 -20%
ACM
29
Arlington Capital Management
Illinois
$404K +$420K +32,183 New
SWP
30
Semus Wealth Partners
Florida
$392K -$14.1K -1,078 -3%
Truist Financial
31
Truist Financial
North Carolina
$368K
Cambridge Investment Research Advisors
32
Cambridge Investment Research Advisors
Iowa
$364K -$17.2K -1,318 -4%
PGFC
33
Peapack-Gladstone Financial Corp
New Jersey
$308K
GL
34
GHE LLC
Tennessee
$293K
OC
35
Oppenheimer & Co
New York
$270K +$13K +997 +5%
RJFSA
36
Raymond James Financial Services Advisors
Florida
$256K -$3.92K -300 -1%
DA
37
Detalus Advisors
Missouri
$251K -$35.4K -2,714 -12%
AWM
38
Apollon Wealth Management
South Carolina
$229K -$44.9K -3,439 -16%
SVWAG
39
Sound View Wealth Advisors Group
Georgia
$228K +$1.95K +149 +0.8%
SSWM
40
Sheets Smith Wealth Management
North Carolina
$172K
CWM
41
Collaborative Wealth Management
Florida
$167K -$1.36K -104 -0.8%
IFG
42
Independent Financial Group
California
$166K +$11.8K +900 +7%
BAG
43
Bridgewealth Advisory Group
California
$162K -$13.4K -1,026 -7%
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$150K +$4.27K +327 +3%
PAG
45
Private Advisor Group
New Jersey
$144K
IWM
46
IHT Wealth Management
Illinois
$143K +$131 +10 +0.1%
Stifel Financial
47
Stifel Financial
Missouri
$128K -$32K -2,450 -19%
VF
48
Virtu Financial
New York
$127K -$275K -21,042 -68%
PNC Financial Services Group
49
PNC Financial Services Group
Pennsylvania
$97.6K
GWSG
50
GPS Wealth Strategies Group
Colorado
$87.5K +$91.1K +6,980 New

PCN Hedge Fund Activity: Q1 2023 in Review

76 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q1 2023, worth a combined $64.4M — up 8.5% from $59.4M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of PCN and 10 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 26 added.

The largest buyer was Guggenheim Capital, adding an estimated $1.11M. The largest seller was Advisory Research, exiting entirely with an estimated $1.07M sold.

  • 76 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q1 2023, down from 81 in Q4 2022.
  • Funds reported $64.4M of PIMCO Corporate & Income Strategy Fund stock for Q1 2023, up 8.5% quarter-over-quarter.
  • 10 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q1 2023 and 13 closed out, a net change of -3 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q1 2023 was Guggenheim Capital, an estimated $1.11M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q1 2023 was Advisory Research, an estimated $1.07M sold.

Based on aggregated 13F filings for Q1 2023.