PIMCO Corporate & Income Strategy Fund
PCN
51 hedge funds and large institutions have $43.4M invested in PIMCO Corporate & Income Strategy Fund in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 6 closing their positions.
0.26% more ownership
Funds ownership: 6.58% → 6.84% (+0.26%)
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
0% less capital invested
Capital invested by funds: $43.6M → $43.4M (-$181K)
4% less funds holding
Funds holding: 53 → 51 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.94M |
| 2 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$1.05M |
| 3 |
ACM
Akanthos Capital Management
Woodland Hills,
California
|
+$819K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$282K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$616K |
| 2 |
SG Americas Securities
New York
|
-$598K |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
-$487K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$465K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$440K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
SG Americas Securities
New York
| – | -$598K | -34,301 | Closed |
|
|
RJFSA
52
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$465K | -26,684 | Closed |
|
|
GI
53
Gradient Investments
Arden Hills,
Minnesota
| – | -$17K | -1,000 | Closed |
|
|
BFEC
54
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$11K | -635 | Closed |
|
|
HI
55
Hudock Inc
Williamsport,
Pennsylvania
| – | -$9K | -500 | Closed |
|
56
Envestnet Asset Management
Chicago,
Illinois
| – | -$5K | -300 | Closed |
|
PCN Hedge Fund Activity: Q3 2013 in Review
51 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q3 2013, worth a combined $43.4M — down 0.42% from $43.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PCN and 4 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 17 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.94M. The largest seller was Bank of America, cutting an estimated $616K.
- 51 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q3 2013, down from 53 in Q2 2013.
- Funds reported $43.4M of PIMCO Corporate & Income Strategy Fund stock for Q3 2013, down 0.42% quarter-over-quarter.
- 4 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q3 2013 and 6 closed out, a net change of -2 holders.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q3 2013 was Guggenheim Capital, an estimated $1.94M added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q3 2013 was Bank of America, an estimated $616K sold.
Based on aggregated 13F filings for Q3 2013.