PIMCO Corporate & Income Strategy Fund
PCN
77 hedge funds and large institutions have $49.3M invested in PIMCO Corporate & Income Strategy Fund in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
5% more funds holding
Funds holding: 73 → 77 (+4)
0.8% less ownership
Funds ownership: 10.32% → 9.52% (-0.8%)
25% less capital invested
Capital invested by funds: $66M → $49.3M (-$16.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.37M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$537K |
| 3 |
BA
Bridge Advisory
Pasadena,
California
|
+$519K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$336K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GL
GHE LLC
Memphis,
Tennessee
|
-$2.68M |
| 2 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$1.6M |
| 3 |
LPL Financial
San Diego,
California
|
-$364K |
| 4 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
-$349K |
| 5 |
AF
Allworth Financial
Folsom,
California
|
-$207K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GL
76
GHE LLC
Memphis,
Tennessee
| – | -$2.68M | -170,196 | Closed |
|
|
KA
77
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$162K | -10,309 | Closed |
|
|
S
78
SignatureFD
Atlanta,
Georgia
| – | -$38K | -2,400 | Closed |
|
79
Koshinski Asset Management
Decatur,
Illinois
| – | -$37K | -2,354 | Closed |
|
|
ED
80
Exane Derivatives
Paris,
France
| – | -$26.8K | -1,700 | Closed |
|
|
FAG
81
Fortitude Advisory Group
Gig Harbor,
Washington
| – | -$16K | -1,000 | Closed |
|
|
AWM
82
Avior Wealth Management
Omaha,
Nebraska
| – | -$2K | -180 | Closed |
|
|
TCWM
83
Total Clarity Wealth Management
St. Charles,
Illinois
| – | +$144 | +10 | New |
|
PCN Hedge Fund Activity: Q2 2022 in Review
77 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q2 2022, worth a combined $49.3M — down 25% from $66M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PCN positions and 7 closed out — a net gain of 5 holders — while 22 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.37M. The largest seller was GHE LLC, exiting entirely with an estimated $2.68M sold.
- 77 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q2 2022, up from 73 in Q1 2022.
- Funds reported $49.3M of PIMCO Corporate & Income Strategy Fund stock for Q2 2022, down 25% quarter-over-quarter.
- 12 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q2 2022 and 7 closed out, a net change of +5 holders.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q2 2022 was Morgan Stanley, an estimated $2.37M added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q2 2022 was GHE LLC, an estimated $2.68M sold.
Based on aggregated 13F filings for Q2 2022.