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PCN

PIMCO Corporate & Income Strategy Fund

84 hedge funds and large institutions have $97.8M invested in PIMCO Corporate & Income Strategy Fund in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 21

13% more capital invested

Capital invested by funds: $86.9M → $97.8M (+$11M)

0.02% more ownership

Funds ownership: 14.66%14.67% (+0.02%)

6% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 16

1% less funds holding

Funds holding: 8584 (-1)

Holders
84
Holders Change
-1
Holders Change %
-1.18%
% of All Funds
1.21%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
28
Reduced
21
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BAG
51
Bridgewealth Advisory Group
California
$180K
SVWAG
52
Sound View Wealth Advisors Group
Georgia
$169K -$78.6K -5,913 -33%
CWM
53
Collaborative Wealth Management
Florida
$164K -$16.1K -1,210 -9%
IWM
54
IHT Wealth Management
Illinois
$163K +$12.6K +946 +9%
TW
55
Transform Wealth
Colorado
$142K +$1.2K +90 +0.9%
LW
56
Linscomb Wealth
Texas
$141K +$134K +10,072 New
Corient Private Wealth
57
Corient Private Wealth
Florida
$140K +$133K +10,028 New
PNC Financial Services Group
58
PNC Financial Services Group
Pennsylvania
$131K +$7.72K +581 +7%
CIBC Private Wealth Group
59
CIBC Private Wealth Group
Georgia
$107K +$102K +7,660 New
NS
60
NBC Securities
Alabama
$95K
GWSG
61
GPS Wealth Strategies Group
Colorado
$89.2K
CA
62
CoreCap Advisors
Michigan
$73.4K +$69.8K +5,255 New
Comerica Bank
63
Comerica Bank
Texas
$54.2K
BFPW
64
BOK Financial Private Wealth
Colorado
$48K
BCMLT
65
Beacon Capital Management LLC (Tennessee)
Tennessee
$39.9K -$27 -2 -0.1%
HIA
66
Harbor Investment Advisory
Maryland
$28.9K -$811 -61 -3%
TAM
67
Tucker Asset Management
Colorado
$28.9K +$27.5K +2,066 New
HCM
68
Hollencrest Capital Management
California
$25.6K
HI
69
Harbour Investments
Wisconsin
$23K +$239 +18 +1%
PP
70
PFS Partners
New Jersey
$21K
FPB
71
First PREMIER Bank
South Dakota
$17K
TWC
72
TD Waterhouse Canada
Ontario, Canada
$14K
SPIA
73
Steward Partners Investment Advisory
New York
$13.2K +$12.6K +948 New
RCM
74
Raleigh Capital Management
North Carolina
$12.9K
CTC
75
Central Trust Company
Missouri
$11.2K -$11.8K -885 -53%

PCN Hedge Fund Activity: Q1 2024 in Review

84 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q1 2024, worth a combined $97.8M — up 13% from $86.9M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of PCN and 15 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 28 added.

The largest buyer was Cetera Investment Advisers, adding an estimated $2.93M. The largest seller was Morgan Stanley, cutting an estimated $8.53M.

  • 84 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q1 2024, down from 85 in Q4 2023.
  • Funds reported $97.8M of PIMCO Corporate & Income Strategy Fund stock for Q1 2024, up 13% quarter-over-quarter.
  • 15 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q1 2024 and 16 closed out, a net change of -1 holder.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q1 2024 was Cetera Investment Advisers, an estimated $2.93M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q1 2024 was Morgan Stanley, an estimated $8.53M sold.

Based on aggregated 13F filings for Q1 2024.