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PCN

PIMCO Corporate & Income Strategy Fund

73 hedge funds and large institutions have $66M invested in PIMCO Corporate & Income Strategy Fund in 2022 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 18

8% more capital invested

Capital invested by funds: $61.3M → $66M (+$4.7M)

1.5% more ownership

Funds ownership: 8.82%10.32% (+1.5%)

0% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 9

5% less funds holding

Funds holding: 7773 (-4)

Holders
73
Holders Change
-4
Holders Change %
-5.19%
% of All Funds
1.15%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
21
Reduced
18
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Janney Montgomery Scott
1
Janney Montgomery Scott
Pennsylvania
$5.64M +$745K +47,004 +15%
ECA
2
Elevated Capital Advisors
Utah
$5.47M +$5.51M +347,806 New
BA
3
Bridge Advisory
California
$5.37M +$1.23M +77,823 +30%
Morgan Stanley
4
Morgan Stanley
New York
$5.32M -$423K -26,703 -7%
Invesco
5
Invesco
Georgia
$4.25M +$4.28M +270,056 New
LPL Financial
6
LPL Financial
California
$3.93M -$57.8K -3,646 -1%
BPA
7
Beacon Pointe Advisors
California
$3.13M -$1.21M -76,421 -28%
Northwestern Mutual Wealth Management
8
Northwestern Mutual Wealth Management
Wisconsin
$2.77M +$767K +48,441 +38%
GL
9
GHE LLC
Tennessee
$2.68M +$32.6K +2,061 +1%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$2.53M +$151K +9,508 +6%
Osaic Holdings
11
Osaic Holdings
Arizona
$2.44M -$292K -18,443 -10%
AF
12
Allworth Financial
California
$2.25M +$2.26M +142,662 New
UBS Group
13
UBS Group
Switzerland
$1.74M -$498K -31,427 -22%
ACM
14
Anfield Capital Management
California
$1.59M +$457K +28,846 +40%
AR
15
Advisory Research
Illinois
$1.42M
Bank of America
16
Bank of America
North Carolina
$1.16M -$532K -33,597 -31%
CAN
17
Cetera Advisor Networks
California
$1.05M -$173K -10,909 -14%
NA
18
NewEdge Advisors
Louisiana
$940K +$75K +4,736 +9%
NL
19
NWAM LLC
Washington
$877K -$15.3K -963 -2%
PFS
20
Prospera Financial Services
Texas
$852K +$171K +10,797 +25%
MML Investors Services
21
MML Investors Services
Massachusetts
$801K -$22.2K -1,399 -3%
Wells Fargo
22
Wells Fargo
California
$767K -$61.1K -3,859 -7%
AWS
23
Atria Wealth Solutions
New York
$749K +$751K +47,401 New
AWM
24
Apollon Wealth Management
South Carolina
$724K -$71.1K -4,488 -9%
Cetera Investment Advisers
25
Cetera Investment Advisers
Illinois
$706K -$305K -19,246 -30%

PCN Hedge Fund Activity: Q1 2022 in Review

73 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q1 2022, worth a combined $66M — up 7.7% from $61.3M a quarter earlier.

Fund positioning in PCN was balanced in Q1 2022: 9 funds opened new positions, 9 closed out, 21 added to existing stakes and 18 trimmed.

The largest buyer was Invesco, opening a new position worth an estimated $4.28M. The largest seller was Beacon Pointe Advisors, cutting an estimated $1.21M.

  • 73 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q1 2022, down from 77 in Q4 2021.
  • Funds reported $66M of PIMCO Corporate & Income Strategy Fund stock for Q1 2022, up 7.7% quarter-over-quarter.
  • 9 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q1 2022 and 9 closed out, a net change of 0 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q1 2022 was Invesco, an estimated $4.28M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q1 2022 was Beacon Pointe Advisors, an estimated $1.21M sold.

Based on aggregated 13F filings for Q1 2022.