PIMCO Corporate & Income Strategy Fund
PCN
62 hedge funds and large institutions have $42.8M invested in PIMCO Corporate & Income Strategy Fund in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
9% more capital invested
Capital invested by funds: $39.2M → $42.8M (+$3.56M)
2% more funds holding
Funds holding: 61 → 62 (+1)
0.1% more ownership
Funds ownership: 5.79% → 5.9% (+0.1%)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Natixis
Paris,
France
|
+$1.18M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$842K |
| 3 |
ED
Exane Derivatives
Paris,
France
|
+$713K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$700K |
| 5 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$969K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$439K |
| 3 |
CWP
Capital Wealth Planning
Naples,
Florida
|
-$427K |
| 4 |
Jane Street
New York
|
-$369K |
| 5 |
Morgan Stanley
New York
|
-$324K |
PCN Hedge Fund Activity: Q3 2019 in Review
62 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q3 2019, worth a combined $42.8M — up 9.1% from $39.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PCN positions and 9 closed out — a net gain of 1 holder — while 17 added to existing stakes and 18 trimmed.
The largest buyer was Natixis, opening a new position worth an estimated $1.18M. The largest seller was Bank of America, cutting an estimated $969K.
- 62 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q3 2019, up from 61 in Q2 2019.
- Funds reported $42.8M of PIMCO Corporate & Income Strategy Fund stock for Q3 2019, up 9.1% quarter-over-quarter.
- 10 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q3 2019 and 9 closed out, a net change of +1 holder.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q3 2019 was Natixis, an estimated $1.18M added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q3 2019 was Bank of America, an estimated $969K sold.
Based on aggregated 13F filings for Q3 2019.