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PCN

PIMCO Corporate & Income Strategy Fund

80 hedge funds and large institutions have $56.3M invested in PIMCO Corporate & Income Strategy Fund in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 10

14% more capital invested

Capital invested by funds: $49.3M → $56.3M (+$7.03M)

4% more funds holding

Funds holding: 7780 (+3)

2.18% more ownership

Funds ownership: 9.52%11.69% (+2.2%)

21% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 24

Holders
80
Holders Change
+3
Holders Change %
+3.9%
% of All Funds
1.38%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
13
Increased
19
Reduced
24
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$6.32M +$420K +31,385 +6%
BA
2
Bridge Advisory
California
$6.04M +$1.77M +132,253 +35%
ECA
3
Elevated Capital Advisors
Utah
$5.48M +$6.19M +462,499 New
Invesco
4
Invesco
Georgia
$3.5M +$95.7K +7,150 +2%
Janney Montgomery Scott
5
Janney Montgomery Scott
Pennsylvania
$3.01M -$1.71M -127,574 -33%
LPL Financial
6
LPL Financial
California
$3M +$391K +29,236 +13%
Northwestern Mutual Wealth Management
7
Northwestern Mutual Wealth Management
Wisconsin
$2.7M +$429K +32,082 +16%
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$1.93M +$32.3K +2,411 +1%
Osaic Holdings
9
Osaic Holdings
Arizona
$1.79M +$12.9K +965 +0.6%
PCM
10
Penserra Capital Management
California
$1.53M +$1.73M +129,654 New
AF
11
Allworth Financial
California
$1.36M -$179K -13,379 -10%
MML Investors Services
12
MML Investors Services
Massachusetts
$1.21M +$456K +34,075 +50%
UBS Group
13
UBS Group
Switzerland
$1.11M -$53.2K -3,978 -4%
GC
14
Guggenheim Capital
Illinois
$1.07M +$710K +53,064 +142%
CAN
15
Cetera Advisor Networks
California
$1.07M +$275K +20,539 +30%
AR
16
Advisory Research
Illinois
$1.07M
RCM
17
Rivernorth Capital Management
Florida
$1.06M +$1.2M +89,820 New
AWS
18
Atria Wealth Solutions
New York
$919K +$543K +40,613 +112%
BPA
19
Beacon Pointe Advisors
California
$848K -$204K -15,229 -18%
Bank of America
20
Bank of America
North Carolina
$820K -$19.7K -1,470 -2%
IAIM
21
International Assets Investment Management
Florida
$816K +$923K +68,986 New
NA
22
NewEdge Advisors
Louisiana
$794K +$96.2K +7,194 +12%
PFS
23
Prospera Financial Services
Texas
$700K +$23.1K +1,725 +3%
NL
24
NWAM LLC
Washington
$647K -$7.2K -538 -1%
Wells Fargo
25
Wells Fargo
California
$563K -$37K -2,765 -5%

PCN Hedge Fund Activity: Q3 2022 in Review

80 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q3 2022, worth a combined $56.3M — up 14% from $49.3M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new PCN positions and 10 closed out — a net gain of 3 holders — while 19 added to existing stakes and 24 trimmed.

The largest buyer was Bridge Advisory, adding an estimated $1.77M. The largest seller was Janney Montgomery Scott, cutting an estimated $1.71M.

  • 80 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q3 2022, up from 77 in Q2 2022.
  • Funds reported $56.3M of PIMCO Corporate & Income Strategy Fund stock for Q3 2022, up 14% quarter-over-quarter.
  • 13 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q3 2022 and 10 closed out, a net change of +3 holders.
  • The largest PIMCO Corporate & Income Strategy Fund buyer in Q3 2022 was Bridge Advisory, an estimated $1.77M added.
  • The largest PIMCO Corporate & Income Strategy Fund seller in Q3 2022 was Janney Montgomery Scott, an estimated $1.71M sold.

Based on aggregated 13F filings for Q3 2022.