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PCN

PIMCO Corporate & Income Strategy Fund

56 hedge funds and large institutions have $38.4M invested in PIMCO Corporate & Income Strategy Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 23 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.86% less ownership

Funds ownership: 6.9%6.03% (-0.86%)

5% less funds holding

Funds holding: 5956 (-3)

7% less capital invested

Capital invested by funds: $41.5M → $38.4M (-$3.02M)

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

52% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 23

Holders
56
Holders Change
-3
Holders Change %
-5.08%
% of All Funds
1.62%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
3
Increased
11
Reduced
23
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AR
1
Advisory Research
Illinois
$5.24M +$257K +15,460 +5%
GC
2
Guggenheim Capital
Illinois
$4.46M +$92.3K +5,552 +2%
Morgan Stanley
3
Morgan Stanley
New York
$4.31M -$408K -24,557 -9%
MFS
4
MSI Financial Services
Massachusetts
$2.32M +$156K +9,402 +7%
Invesco
5
Invesco
Georgia
$2.27M +$107K +6,409 +5%
LPL Financial
6
LPL Financial
California
$2.04M -$21.9K -1,320 -1%
WCM
7
Wunderlich Capital Managemnt
Tennessee
$1.79M +$17.1K +1,028 +1%
U
8
UBS
Switzerland
$1.54M -$172K -10,336 -10%
NPC
9
National Planning Corporation
California
$1.47M +$3.52K +212 +0.2%
Wells Fargo
10
Wells Fargo
California
$1.37M -$61.9K -3,725 -4%
Bank of America
11
Bank of America
North Carolina
$1.06M -$767K -46,169 -42%
FAAS
12
First Allied Advisory Services
California
$957K -$24.5K -1,475 -2%
CIA
13
Capital Investment Advisors
Georgia
$948K +$21.3K +1,282 +2%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$834K -$120K -7,246 -13%
NL
15
NWAM LLC
Washington
$797K -$740K -44,514 -48%
HK
16
Horizon Kinetics
New York
$712K -$716K -43,080 -50%
LS
17
Lattice Strategies
Pennsylvania
$622K -$36.6K -2,200 -6%
SSWM
18
Sheets Smith Wealth Management
North Carolina
$593K
TYCC
19
Texas Yale Capital Corp
Florida
$468K +$209K +12,600 +81%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$374K -$8.31K -500 -2%
Creative Planning
21
Creative Planning
Kansas
$354K -$19.5K -1,176 -5%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$329K -$8.93K -537 -3%
PA
23
Planning Alternatives
Michigan
$328K
BA
24
Boston Advisors
Massachusetts
$317K -$10.8K -650 -3%
SFSIG
25
San Francisco Sentry Investment Group
California
$292K

PCN Hedge Fund Activity: Q1 2014 in Review

56 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q1 2014, worth a combined $38.4M — down 7.3% from $41.5M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of PCN and 3 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 11 added.

The largest buyer was Advisory Research, adding an estimated $257K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.95M sold.

  • 56 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q1 2014, down from 59 in Q4 2013.
  • Funds reported $38.4M of PIMCO Corporate & Income Strategy Fund stock for Q1 2014, down 7.3% quarter-over-quarter.
  • 3 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q1 2014 and 6 closed out, a net change of -3 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q1 2014 was Advisory Research, an estimated $257K added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q1 2014 was Rivernorth Capital Management, an estimated $1.95M sold.

Based on aggregated 13F filings for Q1 2014.