PIMCO Corporate & Income Strategy Fund
PCN
63 hedge funds and large institutions have $49.3M 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, 13 reducing their positions, and 6 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
15% more capital invested
Capital invested by funds: $42.9M → $49.3M (+$6.37M)
3% more funds holding
Funds holding: 61 → 63 (+2)
0.62% more ownership
Funds ownership: 6.24% → 6.87% (+0.62%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.64M |
| 2 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$780K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$629K |
| 4 |
Morgan Stanley
New York
|
+$596K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$571K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.43M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$276K |
| 3 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$182K |
| 4 |
HK
Horizon Kinetics
New York
|
-$180K |
| 5 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$180K |
PCN Hedge Fund Activity: Q3 2018 in Review
63 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q3 2018, worth a combined $49.3M — up 15% from $42.9M 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 13 trimmed.
The largest buyer was Ameriprise, adding an estimated $2.64M. The largest seller was Bank of America, cutting an estimated $1.43M.
- 63 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q3 2018, up from 61 in Q2 2018.
- Funds reported $49.3M 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.