PIMCO Corporate & Income Strategy Fund
PCN
57 hedge funds and large institutions have $39.2M invested in PIMCO Corporate & Income Strategy Fund in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 12 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
0.17% more ownership
Funds ownership: 6.57% → 6.75% (+0.17%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $39.8M → $39.2M (-$667K)
8% less funds holding
Funds holding: 62 → 57 (-5)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$935K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$556K |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$460K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$290K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$510K |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$462K |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$434K |
| 4 |
CNB
City National Bank
Beverly Hills,
California
|
-$332K |
| 5 |
LS
Lattice Strategies
Wayne,
Pennsylvania
|
-$266K |
PCN Hedge Fund Activity: Q4 2014 in Review
57 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q4 2014, worth a combined $39.2M — down 1.7% from $39.8M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PCN and 9 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 17 added.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $935K. The largest seller was Advisory Research, cutting an estimated $510K.
- 57 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q4 2014, down from 62 in Q3 2014.
- Funds reported $39.2M of PIMCO Corporate & Income Strategy Fund stock for Q4 2014, down 1.7% quarter-over-quarter.
- 9 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q4 2014 and 12 closed out, a net change of -3 holders.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q4 2014 was SG Americas Securities, an estimated $935K added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q4 2014 was Advisory Research, an estimated $510K sold.
Based on aggregated 13F filings for Q4 2014.