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PCN

PIMCO Corporate & Income Strategy Fund

62 hedge funds and large institutions have $39.8M invested in PIMCO Corporate & Income Strategy Fund in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.14% more ownership

Funds ownership: 6.43%6.57% (+0.14%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less capital invested

Capital invested by funds: $41.6M → $39.8M (-$1.79M)

6% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 16

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

2% less funds holding

Funds holding: 6362 (-1)

Holders
62
Holders Change
-1
Holders Change %
-1.59%
% of All Funds
1.8%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
15
Reduced
16
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
51
Citigroup
New York
$27K
WA
52
WFG Advisors
Texas
$19K
DADC
53
D.A. Davidson & Co
Montana
$18K +$10.6K +640 +128%
1IC
54
1919 Investment Counsel
Maryland
$16K
BFEC
55
Benjamin F. Edwards & Company
Missouri
$12K
BCM
56
Blume Capital Management
California
$12K
ATC
57
Adirondack Trust Company
New York
$8K
BNP Paribas Financial Markets
58
BNP Paribas Financial Markets
France
$6.32K +$6.62K +400 New
WEC
59
Winslow Evans & Crocker
Massachusetts
$2.69K -$1.08K -65 -28%
SFSIG
60
San Francisco Sentry Investment Group
California
-$298K -17,555 Closed
Northern Trust
61
Northern Trust
Illinois
-$2K -14,645 Closed
RJA
62
Raymond James & Associates
Florida
-$216K -12,746 Closed
TF
63
Trutina Financial
Washington
-$199K -11,755 Closed
SC
64
Scotia Capital
Ontario, Canada
-$170K -10,000 Closed
CFA
65
Carroll Financial Associates
North Carolina
-$36K -2,100 Closed
BRWA
66
B. Riley Wealth Advisors
Florida
-$24K -1,412 Closed
MPWT
67
MassMutual Private Wealth & Trust
Connecticut
-$17K -1,000 Closed
M&T Bank
68
M&T Bank
New York
-$12K -700 Closed
TWA
69
TCI Wealth Advisors
Arizona
-$8K -500 Closed
GSC
70
Ground Swell Capital
South Carolina
-$3K -200 Closed
MAA
71
Managed Account Advisors
New Jersey
+$397 +24 New

PCN Hedge Fund Activity: Q3 2014 in Review

62 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q3 2014, worth a combined $39.8M — down 4.3% from $41.6M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of PCN and 10 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 15 added.

The largest buyer was AQR Capital Management, opening a new position worth an estimated $484K. The largest seller was Guggenheim Capital, cutting an estimated $765K.

  • 62 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q3 2014, down from 63 in Q2 2014.
  • Funds reported $39.8M of PIMCO Corporate & Income Strategy Fund stock for Q3 2014, down 4.3% quarter-over-quarter.
  • 10 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q3 2014 and 11 closed out, a net change of -1 holder.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q3 2014 was AQR Capital Management, an estimated $484K added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q3 2014 was Guggenheim Capital, an estimated $765K sold.

Based on aggregated 13F filings for Q3 2014.