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PCN

PIMCO Corporate & Income Strategy Fund

54 hedge funds and large institutions have $40M invested in PIMCO Corporate & Income Strategy Fund in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 15

2% more capital invested

Capital invested by funds: $39.2M → $40M (+$815K)

0.02% more ownership

Funds ownership: 6.75%6.77% (+0.02%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less funds holding

Funds holding: 5754 (-3)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
54
Holders Change
-3
Holders Change %
-5.26%
% of All Funds
1.44%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
19
Reduced
15
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AR
1
Advisory Research
Illinois
$4.68M +$133K +8,630 +3%
GC
2
Guggenheim Capital
Illinois
$4.02M +$375K +24,392 +10%
Morgan Stanley
3
Morgan Stanley
New York
$3.88M -$121K -7,896 -3%
Invesco
4
Invesco
Georgia
$2.78M +$108K +7,007 +4%
UBS Group
5
UBS Group
Switzerland
$2.19M +$272K +17,733 +14%
MFS
6
MSI Financial Services
Massachusetts
$2.08M +$49.9K +3,250 +2%
WCM
7
Wunderlich Capital Managemnt
Tennessee
$1.97M +$203K +13,242 +12%
LPL Financial
8
LPL Financial
California
$1.66M -$140K -9,089 -8%
Bank of America
9
Bank of America
North Carolina
$1.62M +$177K +11,541 +12%
Wells Fargo
10
Wells Fargo
California
$1.57M +$81.2K +5,287 +5%
SG Americas Securities
11
SG Americas Securities
New York
$1.5M +$598K +38,931 +67%
NPC
12
National Planning Corporation
California
$1.27M -$562K -36,632 -31%
TF
13
Trutina Financial
Washington
$1.15M +$1.14M +74,375 New
NL
14
NWAM LLC
Washington
$817K +$14K +914 +2%
TCM
15
Traynor Capital Management
Pennsylvania
$794K -$38.5K -2,506 -5%
CIA
16
Capital Investment Advisors
Georgia
$756K -$1.32K -86 -0.2%
FAAS
17
First Allied Advisory Services
California
$703K +$4.61K +300 +0.7%
TYCC
18
Texas Yale Capital Corp
Florida
$569K -$6.14K -400 -1%
SSWM
19
Sheets Smith Wealth Management
North Carolina
$526K -$23K -1,500 -4%
Creative Planning
20
Creative Planning
Kansas
$490K +$3.47K +226 +0.7%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$477K +$2.33K +152 +0.5%
HK
22
Horizon Kinetics
New York
$455K -$9.21K -600 -2%
PAG
23
Private Advisor Group
New Jersey
$435K +$92.9K +6,050 +27%
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$347K +$83.2K +5,418 +32%
AIG
25
American International Group
New York
$325K +$45.6K +2,968 +16%

PCN Hedge Fund Activity: Q1 2015 in Review

54 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q1 2015, worth a combined $40M — up 2.1% from $39.2M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of PCN and 6 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 19 added.

The largest buyer was Trutina Financial, opening a new position worth an estimated $1.14M. The largest seller was Doliver Advisors, exiting entirely with an estimated $688K sold.

  • 54 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q1 2015, down from 57 in Q4 2014.
  • Funds reported $40M of PIMCO Corporate & Income Strategy Fund stock for Q1 2015, up 2.1% quarter-over-quarter.
  • 6 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q1 2015 and 7 closed out, a net change of -1 holder.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q1 2015 was Trutina Financial, an estimated $1.14M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q1 2015 was Doliver Advisors, an estimated $688K sold.

Based on aggregated 13F filings for Q1 2015.