PIMCO Corporate & Income Strategy Fund
PCN
58 hedge funds and large institutions have $42.8M invested in PIMCO Corporate & Income Strategy Fund in 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 12 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
5% more capital invested
Capital invested by funds: $40.8M → $42.8M (+$1.91M)
0.48% more ownership
Funds ownership: 5.89% → 6.37% (+0.48%)
3% less funds holding
Funds holding: 60 → 58 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BF
BOK Financial
Tulsa,
Oklahoma
|
+$1.85M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$1.35M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$684K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$579K |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$556K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$1.43M |
| 2 |
HVIA
Hudson Valley Investment Advisors
Goshen,
New York
|
-$982K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$578K |
| 4 |
SI
SII Investments
Appleton,
Wisconsin
|
-$298K |
| 5 |
GKWIM
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
|
-$258K |
PCN Hedge Fund Activity: Q4 2017 in Review
58 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q4 2017, worth a combined $42.8M — up 4.7% from $40.8M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PCN and 10 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 18 added.
The largest buyer was BOK Financial, opening a new position worth an estimated $1.85M. The largest seller was Investment Centers of America, exiting entirely with an estimated $1.43M sold.
- 58 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q4 2017, down from 60 in Q3 2017.
- Funds reported $42.8M of PIMCO Corporate & Income Strategy Fund stock for Q4 2017, up 4.7% quarter-over-quarter.
- 10 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q4 2017 and 12 closed out, a net change of -2 holders.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q4 2017 was BOK Financial, an estimated $1.85M added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q4 2017 was Investment Centers of America, an estimated $1.43M sold.
Based on aggregated 13F filings for Q4 2017.