PIMCO Corporate & Income Strategy Fund
PCN
62 hedge funds and large institutions have $43.2M invested in PIMCO Corporate & Income Strategy Fund in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
16% more capital invested
Capital invested by funds: $37.3M → $43.2M (+$5.83M)
7% more funds holding
Funds holding: 58 → 62 (+4)
0.52% more ownership
Funds ownership: 5.74% → 6.26% (+0.52%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$1.35M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$903K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$835K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$486K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$229K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$478K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$216K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$128K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$118K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$111K |
PCN Hedge Fund Activity: Q2 2018 in Review
62 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q2 2018, worth a combined $43.2M — up 16% from $37.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PCN positions and 4 closed out — a net gain of 4 holders — while 17 added to existing stakes and 13 trimmed.
The largest buyer was Cetera Advisor Networks, opening a new position worth an estimated $1.35M. The largest seller was Mariner Independent Advisor Network, exiting entirely with an estimated $478K sold.
- 62 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q2 2018, up from 58 in Q1 2018.
- Funds reported $43.2M of PIMCO Corporate & Income Strategy Fund stock for Q2 2018, up 16% quarter-over-quarter.
- 8 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q2 2018 and 4 closed out, a net change of +4 holders.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q2 2018 was Cetera Advisor Networks, an estimated $1.35M added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q2 2018 was Mariner Independent Advisor Network, an estimated $478K sold.
Based on aggregated 13F filings for Q2 2018.