PIMCO Corporate & Income Strategy Fund
PCN
77 hedge funds and large institutions have $61.3M invested in PIMCO Corporate & Income Strategy Fund in 2021 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 17 increasing their positions, 22 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
12% more funds holding
Funds holding: 69 → 77 (+8)
0.94% less ownership
Funds ownership: 9.76% → 8.82% (-0.94%)
14% less capital invested
Capital invested by funds: $71.6M → $61.3M (-$10.2M)
23% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$988K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$763K |
| 3 |
JFA
Johanson Financial Advisors
Campbell,
California
|
+$448K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$442K |
| 5 |
Morgan Stanley
New York
|
+$375K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.86M |
| 2 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$2.37M |
| 3 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
-$1.76M |
| 4 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$708K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$361K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFN
76
Focus Financial Network
Minneapolis,
Minnesota
| – | -$1.76M | -96,727 | Closed |
|
|
RCA
77
Ranch Capital Advisors
Sarasota,
Florida
| – | -$60K | -3,307 | Closed |
|
|
FCM
78
Firestone Capital Management
Coral Gables,
Florida
| – | -$11K | -600 | Closed |
|
|
CBT
79
CoreFirst Bank & Trust
Topeka,
Kansas
| – | -$9K | -500 | Closed |
|
|
CI
80
CX Institutional
Auburn,
Indiana
| – | -$6K | -347 | Closed |
|
|
DOA
81
D'Orazio & Associates
Falls Church,
Virginia
| – | -$1K | -65 | Closed |
|
|
GKWIM
82
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
| – | -$3K | -3 | Closed |
|
83
Fidelity Investments
Boston,
Massachusetts
| – | +$18 | +1 | New |
|
PCN Hedge Fund Activity: Q4 2021 in Review
77 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q4 2021, worth a combined $61.3M — down 14% from $71.6M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PCN positions and 7 closed out — a net gain of 11 holders — while 17 added to existing stakes and 22 trimmed.
The largest buyer was NewEdge Advisors, opening a new position worth an estimated $988K. The largest seller was UBS Group, cutting an estimated $2.86M.
- 77 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q4 2021, up from 69 in Q3 2021.
- Funds reported $61.3M of PIMCO Corporate & Income Strategy Fund stock for Q4 2021, down 14% quarter-over-quarter.
- 18 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q4 2021 and 7 closed out, a net change of +11 holders.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q4 2021 was NewEdge Advisors, an estimated $988K added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q4 2021 was UBS Group, an estimated $2.86M sold.
Based on aggregated 13F filings for Q4 2021.