PIMCO Corporate & Income Strategy Fund
PCN
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.
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
8% more capital invested
Capital invested by funds: $61.4M → $66M (+$4.65M)
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: 77 → 73 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$4.28M |
| 2 |
AF
Allworth Financial
Folsom,
California
|
+$2.26M |
| 3 |
BA
Bridge Advisory
Pasadena,
California
|
+$1.23M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$767K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$745K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$1.21M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$636K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$532K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$498K |
| 5 |
Morgan Stanley
New York
|
-$423K |
PCN Hedge Fund Activity: Q1 2022 in Review
73 of the 6,360 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 7.6% from $61.4M 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 7.6% 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.