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PCN

PIMCO Corporate & Income Strategy Fund
PCN

69 hedge funds and large institutions have $36.9M invested in PIMCO Corporate & Income Strategy Fund in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 20 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.28% more ownership

Funds ownership: 6.79% → 7.08% (+0.28%)

0% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 20

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

5% less funds holding

Funds holding: 73 → 69 (-4)

29% less capital invested

Capital invested by funds: $51.8M → $36.9M (-$14.9M)

Holders
69
Holders Change
-4
Holders Change %
-5.48%
% of All Funds
1.52%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
20
Reduced
20
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BPA
Beacon Pointe Advisors
California
+$2.24M
2
Bank of America
Bank of America
North Carolina
+$1.14M
3
Morgan Stanley
Morgan Stanley
New York
+$941K
4
IWM
IHT Wealth Management
Illinois
+$863K
5
LCM
Landscape Capital Management
New Jersey
+$823K

Top Sellers

Rank Fund Capital Flow
1
N
Natixis
France
-$2.49M
2
JFA
Johanson Financial Advisors
California
-$735K
3
IAA
Independent Advisor Alliance
North Carolina
-$358K
4
PA
Planning Alternatives
Michigan
-$272K
5
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
-$147K
Name Holding Trade Value Shares
Change 		Change in
Stake
EFSCE
51
Enterprise Financial Services Corp (EFSC)
Missouri
$49K – – –
GWM
52
Geneos Wealth Management
Colorado
$45K – – –
Citigroup
53
Citigroup
New York
$44K – – –
NL
54
NVWM LLC
Pennsylvania
$34K – – –
SCA
55
Stonebridge Capital Advisors
Minnesota
$30K – – –
AIC
56
Ameritas Investment Company
Nebraska
$23K -$35.3K -2,000 -53%
NSIM
57
North Star Investment Management
Illinois
$20K – – –
S
58
SignatureFD
Georgia
$20K – – –
BFEC
59
Benjamin F. Edwards & Company
Missouri
$17K +$388 +22 +2%
CFA
60
Carroll Financial Associates
North Carolina
$14K – – –
GWMIA
61
Global Wealth Management Investment Advisory
Florida
$13K – – –
SFS
62
Sowell Financial Services
Arkansas
$13K – – –
AA
63
Ancora Advisors
Ohio
$9K – – –
FCM
64
Firestone Capital Management
Florida
$8K +$530 +30 +5%
PGAM
65
Princeton Global Asset Management
New Jersey
$4K +$4.87K +276 New
SL
66
Savior LLC
Massachusetts
$1K – – –
NL
67
NWAM LLC
Washington
$604 -$24.7K -1,398 -3%
N
68
Natixis
France
– -$2.49M -131,079 Closed
IAA
69
Independent Advisor Alliance
North Carolina
– -$358K -18,706 Closed
PA
70
Planning Alternatives
Michigan
– -$272K -14,250 Closed
JFA
71
Johanson Financial Advisors
California
– -$735K -14,044 Closed
Bank of Montreal
72
Bank of Montreal
Ontario, Canada
– -$96K -5,000 Closed
CFB
73
Cullen/Frost Bankers
Texas
– -$96K -5,000 Closed
AA
74
Argent Advisors
Louisiana
– -$35K -1,850 Closed
FIB
75
First Interstate Bank
Montana
– -$26K -1,365 Closed
1 2
3
4

PCN Hedge Fund Activity: Q1 2020 in Review

69 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q1 2020, worth a combined $36.9M — down 29% from $51.8M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of PCN and 10 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 20 added.

The largest buyer was Beacon Pointe Advisors, opening a new position worth an estimated $2.24M. The largest seller was Natixis, exiting entirely with an estimated $2.49M sold.

  • 69 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q1 2020, down from 73 in Q4 2019.
  • Funds reported $36.9M of PIMCO Corporate & Income Strategy Fund stock for Q1 2020, down 29% quarter-over-quarter.
  • 10 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q1 2020 and 11 closed out, a net change of -1 holder.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q1 2020 was Beacon Pointe Advisors, an estimated $2.24M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q1 2020 was Natixis, an estimated $2.49M sold.

Based on aggregated 13F filings for Q1 2020.