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PCN

PIMCO Corporate & Income Strategy Fund

85 hedge funds and large institutions have $62.8M invested in PIMCO Corporate & Income Strategy Fund in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 17 increasing their positions, 23 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 9

10% more funds holding

Funds holding: 7785 (+8)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.81% less ownership

Funds ownership: 13.62%10.81% (-2.8%)

14% less capital invested

Capital invested by funds: $72.7M → $62.8M (-$9.83M)

26% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 23

Holders
85
Holders Change
+8
Holders Change %
+10.39%
% of All Funds
1.35%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
17
Reduced
23
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TWC
76
TD Waterhouse Canada
Ontario, Canada
$11.9K
RCM
77
Raleigh Capital Management
North Carolina
$8.82K
HGERS
78
Householder Group Estate & Retirement Specialist
Arizona
$8.03K +$8.97K +660 New
UB
79
UMB Bank
Missouri
$6.08K +$6.8K +500 New
GWM
80
Geneos Wealth Management
Colorado
$6.01K
SL
81
Savior LLC
Massachusetts
$5.89K
US Bancorp
82
US Bancorp
Minnesota
$5.84K
KFI
83
Key Financial Inc
Pennsylvania
$3.8K
PGAM
84
Princeton Global Asset Management
New Jersey
$3.35K
Carson Wealth (CWM LLC)
85
Carson Wealth (CWM LLC)
Nebraska
$2K
Fidelity Investments
86
Fidelity Investments
Massachusetts
$12 +$14 +1 New
Invesco
87
Invesco
Georgia
-$3.64M -277,618 Closed
PCM
88
Penserra Capital Management
California
-$2.53M -193,341 Closed
ACM
89
Arlington Capital Management
Illinois
-$471K -35,895 Closed
CA
90
CoreCap Advisors
Michigan
-$177K -13,480 Closed
Susquehanna International Group
91
Susquehanna International Group
Pennsylvania
-$157K -11,970 Closed
CFB
92
Cullen/Frost Bankers
Texas
-$13.1K -1,000 Closed
SSB
93
Sandy Spring Bank
Maryland
-$3.95K -301 Closed
GI
94
Gradient Investments
Minnesota
-$1.32K -101 Closed
BlackRock
95
BlackRock
New York
-$13 -1 Closed

PCN Hedge Fund Activity: Q3 2023 in Review

85 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q3 2023, worth a combined $62.8M — down 14% from $72.7M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new PCN positions and 9 closed out — a net gain of 9 holders — while 17 added to existing stakes and 23 trimmed.

The largest buyer was Axxcess Wealth Management, opening a new position worth an estimated $1.58M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $3.76M.

  • 85 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q3 2023, up from 77 in Q2 2023.
  • Funds reported $62.8M of PIMCO Corporate & Income Strategy Fund stock for Q3 2023, down 14% quarter-over-quarter.
  • 18 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q3 2023 and 9 closed out, a net change of +9 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q3 2023 was Axxcess Wealth Management, an estimated $1.58M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q3 2023 was Northwestern Mutual Wealth Management, an estimated $3.76M sold.

Based on aggregated 13F filings for Q3 2023.