PIMCO Corporate & Income Strategy Fund
PCN
76 hedge funds and large institutions have $62.8M invested in PIMCO Corporate & Income Strategy Fund in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 23 increasing their positions, 18 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
28% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 18
13% more funds holding
Funds holding: 67 → 76 (+9)
10% more capital invested
Capital invested by funds: $57.1M → $62.8M (+$5.73M)
0.63% more ownership
Funds ownership: 8.27% → 8.9% (+0.63%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.82M |
| 2 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
+$1.31M |
| 3 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$960K |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$752K |
| 5 |
JFA
Johanson Financial Advisors
Campbell,
California
|
+$715K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$1.55M |
| 2 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$465K |
| 3 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$419K |
| 4 |
Millennium Management
New York
|
-$179K |
| 5 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$174K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
76
Avior Wealth Management
Omaha,
Nebraska
| $3K | – | – | – |
|
|
PAM
77
Panagora Asset Management
Boston,
Massachusetts
| $1K | +$776 | +45 | New |
|
|
BF
78
BOK Financial
Tulsa,
Oklahoma
| – | -$419K | -24,316 | Closed |
|
|
79
Millennium Management
New York
| – | -$179K | -10,400 | Closed |
|
|
KA
80
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$174K | -10,084 | Closed |
|
|
ASN
81
Advisory Services Network
Atlanta,
Georgia
| – | -$78K | -4,521 | Closed |
|
|
CFFP
82
Center for Financial Planning
Southfied,
Michigan
| – | -$3K | -173 | Closed |
|
PCN Hedge Fund Activity: Q1 2021 in Review
76 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q1 2021, worth a combined $62.8M — up 10% from $57.1M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PCN positions and 6 closed out — a net gain of 9 holders — while 23 added to existing stakes and 18 trimmed.
The largest buyer was Janney Montgomery Scott, adding an estimated $1.82M. The largest seller was Advisory Research, cutting an estimated $1.55M.
- 76 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q1 2021, up from 67 in Q4 2020.
- Funds reported $62.8M of PIMCO Corporate & Income Strategy Fund stock for Q1 2021, up 10% quarter-over-quarter.
- 15 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q1 2021 and 6 closed out, a net change of +9 holders.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q1 2021 was Janney Montgomery Scott, an estimated $1.82M added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q1 2021 was Advisory Research, an estimated $1.55M sold.
Based on aggregated 13F filings for Q1 2021.