PIMCO Corporate & Income Strategy Fund
PCN
80 hedge funds and large institutions have $56.3M invested in PIMCO Corporate & Income Strategy Fund in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
14% more capital invested
Capital invested by funds: $49.3M → $56.3M (+$7.03M)
4% more funds holding
Funds holding: 77 → 80 (+3)
2.18% more ownership
Funds ownership: 9.52% → 11.69% (+2.2%)
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
Bridge Advisory
Pasadena,
California
|
+$1.77M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$1.73M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.2M |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$923K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$710K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.71M |
| 2 |
ACM
Anfield Capital Management
Irvine,
California
|
-$1.18M |
| 3 |
SVWAG
Sound View Wealth Advisors Group
Savannah,
Georgia
|
-$230K |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$204K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$195K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KFI
76
Key Financial Inc
West Chester,
Pennsylvania
| $4K | – | – | – |
|
|
GEA
77
Glen Eagle Advisors
Kingston,
New Jersey
| $3.6K | +$4.07K | +304 | New |
|
|
PGAM
78
Princeton Global Asset Management
Princeton,
New Jersey
| $3K | – | – | – |
|
79
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $2K | -$158K | -11,800 | -98% |
|
|
ACM
80
Anfield Capital Management
Irvine,
California
| – | -$1.18M | -93,628 | Closed |
|
|
SVWAG
81
Sound View Wealth Advisors Group
Savannah,
Georgia
| – | -$230K | -18,185 | Closed |
|
|
AWM
82
Axxcess Wealth Management
Carlsbad,
California
| – | -$156K | -12,312 | Closed |
|
83
Nomura Holdings
Tokyo,
Japan
| – | -$128K | -10,000 | Closed |
|
|
AIP
84
Ahrens Investment Partners
Lafayette,
Louisiana
| – | -$33K | -2,600 | Closed |
|
|
BBHC
85
Brown Brothers Harriman & Co
New York
| – | -$32K | -2,500 | Closed |
|
|
CFGS
86
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$33.4K | -2,500 | Closed |
|
|
VVP
87
Venture Visionary Partners
Sylvania,
Ohio
| – | -$8.26K | -653 | Closed |
|
|
CI
88
CX Institutional
Auburn,
Indiana
| – | -$4K | -347 | Closed |
|
PCN Hedge Fund Activity: Q3 2022 in Review
80 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q3 2022, worth a combined $56.3M — up 14% from $49.3M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PCN positions and 10 closed out — a net gain of 3 holders — while 19 added to existing stakes and 24 trimmed.
The largest buyer was Bridge Advisory, adding an estimated $1.77M. The largest seller was Janney Montgomery Scott, cutting an estimated $1.71M.
- 80 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q3 2022, up from 77 in Q2 2022.
- Funds reported $56.3M of PIMCO Corporate & Income Strategy Fund stock for Q3 2022, up 14% quarter-over-quarter.
- 13 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q3 2022 and 10 closed out, a net change of +3 holders.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q3 2022 was Bridge Advisory, an estimated $1.77M added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q3 2022 was Janney Montgomery Scott, an estimated $1.71M sold.
Based on aggregated 13F filings for Q3 2022.