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PCN

PIMCO Corporate & Income Strategy Fund
PCN

76 hedge funds and large institutions have $64.4M invested in PIMCO Corporate & Income Strategy Fund in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 19

8% more capital invested

Capital invested by funds: $59.4M → $64.4M (+$5.04M)

0.69% more ownership

Funds ownership: 12.34% → 13.03% (+0.69%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

6% less funds holding

Funds holding: 81 → 76 (-5)

23% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 13

Holders
76
Holders Change
-5
Holders Change %
-6.17%
% of All Funds
1.21%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
10
Increased
26
Reduced
19
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
+$1.11M
2
RWA
Redmont Wealth Advisors
Illinois
+$980K
3
IAIM
International Assets Investment Management
Florida
+$950K
4
CWP
Cyndeo Wealth Partners
Florida
+$768K
5
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
+$740K

Top Sellers

Rank Fund Capital Flow
1
AR
Advisory Research
Illinois
-$1.07M
2
NL
NWAM LLC
Washington
-$568K
3
Millennium Management
Millennium Management
New York
-$327K
4
VF
Virtu Financial
New York
-$275K
5
EC
Elequin Capital
New York
-$187K
Name Holding Trade Value Shares
Change 		Change in
Stake
Commonwealth Equity Services
76
Commonwealth Equity Services
Massachusetts
$2.09K +$163K +12,478 +8%
AR
77
Advisory Research
Illinois
– -$1.07M -90,000 Closed
NL
78
NWAM LLC
Washington
– -$568K -47,929 Closed
Millennium Management
79
Millennium Management
New York
– -$327K -27,636 Closed
EC
80
Elequin Capital
New York
– -$187K -15,820 Closed
SC
81
SouthState Corp
Florida
– -$155K -13,067 Closed
MCC
82
Money Concepts Capital
Florida
– -$135K -11,417 Closed
Rockefeller Capital Management
83
Rockefeller Capital Management
New York
– -$83K -7,013 Closed
LAM
84
Lakewood Asset Management
Illinois
– -$33K -2,800 Closed
NL
85
NVWM LLC
Pennsylvania
– -$13.3K -1,110 Closed
GEA
86
Glen Eagle Advisors
New Jersey
– -$3.72K -314 Closed
WOSD
87
WFA of San Diego
California
– -$1.6K -135 Closed
EWA
88
EverSource Wealth Advisors
Alabama
– -$201 -17 Closed
Fidelity Investments
89
Fidelity Investments
Massachusetts
– -$12 -1 Closed
1 2 3
4

PCN Hedge Fund Activity: Q1 2023 in Review

76 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q1 2023, worth a combined $64.4M — up 8.5% from $59.4M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of PCN and 10 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 26 added.

The largest buyer was Guggenheim Capital, adding an estimated $1.11M. The largest seller was Advisory Research, exiting entirely with an estimated $1.07M sold.

  • 76 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q1 2023, down from 81 in Q4 2022.
  • Funds reported $64.4M of PIMCO Corporate & Income Strategy Fund stock for Q1 2023, up 8.5% quarter-over-quarter.
  • 10 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q1 2023 and 13 closed out, a net change of -3 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q1 2023 was Guggenheim Capital, an estimated $1.11M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q1 2023 was Advisory Research, an estimated $1.07M sold.

Based on aggregated 13F filings for Q1 2023.