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PCN

PIMCO Corporate & Income Strategy Fund

64 hedge funds and large institutions have $49.5M invested in PIMCO Corporate & Income Strategy Fund in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 14

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

15% more capital invested

Capital invested by funds: $43.2M → $49.5M (+$6.3M)

3% more funds holding

Funds holding: 6264 (+2)

0.62% more ownership

Funds ownership: 6.26%6.88% (+0.62%)

Holders
64
Holders Change
+2
Holders Change %
+3.23%
% of All Funds
1.46%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
21
Reduced
14
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$5.45M -$113K -6,189 -2%
Ameriprise
2
Ameriprise
Minnesota
$5.2M +$2.64M +145,019 +103%
Morgan Stanley
3
Morgan Stanley
New York
$3.98M +$596K +32,722 +18%
Invesco
4
Invesco
Georgia
$3.73M -$34.5K -1,892 -0.9%
Commonwealth Equity Services
5
Commonwealth Equity Services
Massachusetts
$2.43M +$508K +27,918 +27%
LPL Financial
6
LPL Financial
California
$2.35M +$101K +5,554 +5%
WCM
7
Wunderlich Capital Managemnt
Tennessee
$2.28M -$59.4K -3,263 -3%
AG
8
Advisor Group
Arizona
$1.93M +$571K +31,331 +42%
MML Investors Services
9
MML Investors Services
Massachusetts
$1.86M +$629K +34,526 +51%
BF
10
BOK Financial
Oklahoma
$1.86M -$182K -9,985 -9%
AR
11
Advisory Research
Illinois
$1.74M
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$1.62M -$170K -9,351 -10%
Bank of America
13
Bank of America
North Carolina
$1.62M -$1.43M -78,546 -47%
Wells Fargo
14
Wells Fargo
California
$1.57M -$16.6K -910 -1%
CAN
15
Cetera Advisor Networks
California
$1.49M +$65.8K +3,614 +5%
NL
16
NWAM LLC
Washington
$925K -$14.7K -807 -2%
Cetera Investment Advisers
17
Cetera Investment Advisers
Illinois
$922K +$38.1K +2,093 +4%
WAP
18
Wealthcare Advisory Partners
Pennsylvania
$916K +$780K +42,836 +593%
IWM
19
IHT Wealth Management
Illinois
$693K +$66.3K +3,643 +11%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$556K +$137K +7,518 +33%
GC
21
Guggenheim Capital
Illinois
$430K -$6.96K -382 -2%
SSWM
22
Sheets Smith Wealth Management
North Carolina
$409K
AIP
23
Ahrens Investment Partners
Louisiana
$348K
SWP
24
Stratos Wealth Partners
Ohio
$339K +$2.66K +146 +0.8%
Northwestern Mutual Wealth Management
25
Northwestern Mutual Wealth Management
Wisconsin
$336K +$186K +10,200 +125%

PCN Hedge Fund Activity: Q3 2018 in Review

64 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q3 2018, worth a combined $49.5M — up 15% from $43.2M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new PCN positions and 6 closed out — a net gain of 2 holders — while 21 added to existing stakes and 14 trimmed.

The largest buyer was Ameriprise, adding an estimated $2.64M. The largest seller was Bank of America, cutting an estimated $1.43M.

  • 64 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q3 2018, up from 62 in Q2 2018.
  • Funds reported $49.5M of PIMCO Corporate & Income Strategy Fund stock for Q3 2018, up 15% quarter-over-quarter.
  • 8 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q3 2018 and 6 closed out, a net change of +2 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q3 2018 was Ameriprise, an estimated $2.64M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q3 2018 was Bank of America, an estimated $1.43M sold.

Based on aggregated 13F filings for Q3 2018.