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PCN

PIMCO Corporate & Income Strategy Fund

61 hedge funds and large institutions have $39.2M invested in PIMCO Corporate & Income Strategy Fund in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

14% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 14

7% more funds holding

Funds holding: 5761 (+4)

0.53% less ownership

Funds ownership: 6.32%5.79% (-0.53%)

8% less capital invested

Capital invested by funds: $42.5M → $39.2M (-$3.27M)

Holders
61
Holders Change
+4
Holders Change %
+7.02%
% of All Funds
1.32%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
16
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
$5.26M -$157K -8,991 -3%
Morgan Stanley
2
Morgan Stanley
New York
$4.9M +$1.17M +67,369 +31%
Bank of America
3
Bank of America
North Carolina
$3.28M +$289K +16,582 +9%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$2.38M +$14.3K +819 +0.6%
LPL Financial
5
LPL Financial
California
$1.88M -$23.2K -1,332 -1%
LTFS
6
Ladenburg Thalmann Financial Services
Florida
$1.73M +$131K +7,525 +8%
AG
7
Advisor Group
Arizona
$1.59M +$88.9K +5,102 +6%
AR
8
Advisory Research
Illinois
$1.54M
Wells Fargo
9
Wells Fargo
California
$1.42M +$13.7K +785 +1%
CAN
10
Cetera Advisor Networks
California
$1.28M
MML Investors Services
11
MML Investors Services
Massachusetts
$1.16M -$252K -14,479 -18%
BF
12
BOK Financial
Oklahoma
$988K -$517K -29,697 -34%
HighTower Advisors
13
HighTower Advisors
Illinois
$867K +$647K +37,147 +274%
NL
14
NWAM LLC
Washington
$861K +$4.39K +252 +0.5%
Cetera Investment Advisers
15
Cetera Investment Advisers
Illinois
$817K -$86.8K -4,982 -9%
Northwestern Mutual Wealth Management
16
Northwestern Mutual Wealth Management
Wisconsin
$700K +$37.9K +2,175 +6%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$497K -$50.6K -2,902 -9%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$437K +$5.82K +334 +1%
CWP
19
Capital Wealth Planning
Florida
$427K +$434K +24,931 New
GC
20
Guggenheim Capital
Illinois
$418K -$39K -2,240 -8%
AI
21
Atria Investments
North Carolina
$414K +$397K +22,788 New
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$409K -$17K -978 -4%
SSWM
23
Sheets Smith Wealth Management
North Carolina
$382K
IWM
24
IHT Wealth Management
Illinois
$379K -$12.5K -717 -3%
Jane Street
25
Jane Street
New York
$369K +$376K +21,580 New

PCN Hedge Fund Activity: Q2 2019 in Review

61 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q2 2019, worth a combined $39.2M — down 7.7% from $42.5M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new PCN positions and 6 closed out — a net gain of 7 holders — while 16 added to existing stakes and 14 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.17M. The largest seller was Invesco, exiting entirely with an estimated $3.65M sold.

  • 61 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q2 2019, up from 57 in Q1 2019.
  • Funds reported $39.2M of PIMCO Corporate & Income Strategy Fund stock for Q2 2019, down 7.7% quarter-over-quarter.
  • 13 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q2 2019 and 6 closed out, a net change of +7 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q2 2019 was Morgan Stanley, an estimated $1.17M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q2 2019 was Invesco, an estimated $3.65M sold.

Based on aggregated 13F filings for Q2 2019.