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PCN

PIMCO Corporate & Income Strategy Fund

57 hedge funds and large institutions have $42.5M invested in PIMCO Corporate & Income Strategy Fund in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 15

4% more capital invested

Capital invested by funds: $40.8M → $42.5M (+$1.68M)

0.64% less ownership

Funds ownership: 6.96%6.32% (-0.64%)

12% less funds holding

Funds holding: 6557 (-8)

67% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 12

Holders
57
Holders Change
-8
Holders Change %
-12.31%
% of All Funds
1.23%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
23
Reduced
15
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
51
Citigroup
New York
$20K +$1.66K +102 +9%
WC
52
Westwind Capital
New Mexico
$19K
CFA
53
Carroll Financial Associates
North Carolina
$18K
GWMIA
54
Global Wealth Management Investment Advisory
Florida
$17K
BAM
55
Bruderman Asset Management
New York
$13K -$14K -860 -54%
FIA
56
FNY Investment Advisers
New York
$4K +$1.7K +104 +58%
AOWM
57
Alpha Omega Wealth Management
Virginia
$2K
RCM
58
Rivernorth Capital Management
Florida
-$3.27M -214,540 Closed
SFS
59
Shaker Financial Services
Virginia
-$593K -39,856 Closed
WAM
60
Weiss Asset Management
Massachusetts
-$589K -39,564 Closed
Millennium Management
61
Millennium Management
New York
-$204K -13,700 Closed
HR
62
Hayden Royal
North Carolina
-$155K -10,414 Closed
SS
63
Simplicity Solutions
Minnesota
-$154K -10,324 Closed
MIG
64
Mariner Investment Group
New York
-$149K -10,000 Closed
AIC
65
Ameritas Investment Company
Nebraska
-$117K -7,828 Closed
LC
66
Lindbrook Capital
California
-$44K -3,000 Closed
CAC
67
Certified Advisory Corp
Florida
-$9K -580 Closed
PA
68
Parallel Advisors
California
-$4K -300 Closed
Fidelity Investments
69
Fidelity Investments
Massachusetts
-$3K -223 Closed

PCN Hedge Fund Activity: Q1 2019 in Review

57 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q1 2019, worth a combined $42.5M — up 4.1% from $40.8M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of PCN and 4 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 23 added.

The largest buyer was Bank of America, adding an estimated $1.42M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.27M sold.

  • 57 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q1 2019, down from 65 in Q4 2018.
  • Funds reported $42.5M of PIMCO Corporate & Income Strategy Fund stock for Q1 2019, up 4.1% quarter-over-quarter.
  • 4 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q1 2019 and 12 closed out, a net change of -8 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q1 2019 was Bank of America, an estimated $1.42M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $3.27M sold.

Based on aggregated 13F filings for Q1 2019.