PIMCO Corporate & Income Strategy Fund
PCN
73 hedge funds and large institutions have $51.8M invested in PIMCO Corporate & Income Strategy Fund in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 6 closing their positions.
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
21% more capital invested
Capital invested by funds: $42.8M → $51.8M (+$8.99M)
18% more funds holding
Funds holding: 62 → 73 (+11)
0.9% more ownership
Funds ownership: 5.9% → 6.79% (+0.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Natixis
Paris,
France
|
+$1.22M |
| 2 |
LPL Financial
San Diego,
California
|
+$736K |
| 3 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$596K |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$353K |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$536K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$488K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$267K |
| 4 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$261K |
| 5 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$238K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCG
76
Private Capital Group
West Hartford,
Connecticut
| – | -$10K | -525 | Closed |
|
|
WC
77
Weil Company
San Diego,
California
| – | -$9K | -500 | Closed |
|
|
RCA
78
Ranch Capital Advisors
Sarasota,
Florida
| – | +$132 | +7 | New |
|
79
Fidelity Investments
Boston,
Massachusetts
| – | +$377 | +20 | New |
|
PCN Hedge Fund Activity: Q4 2019 in Review
73 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q4 2019, worth a combined $51.8M — up 21% from $42.8M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PCN positions and 6 closed out — a net gain of 11 holders — while 21 added to existing stakes and 15 trimmed.
The largest buyer was Natixis, adding an estimated $1.22M. The largest seller was Wells Fargo, cutting an estimated $536K.
- 73 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q4 2019, up from 62 in Q3 2019.
- Funds reported $51.8M of PIMCO Corporate & Income Strategy Fund stock for Q4 2019, up 21% quarter-over-quarter.
- 17 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q4 2019 and 6 closed out, a net change of +11 holders.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q4 2019 was Natixis, an estimated $1.22M added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q4 2019 was Wells Fargo, an estimated $536K sold.
Based on aggregated 13F filings for Q4 2019.