PIMCO Corporate & Income Strategy Fund
PCN
76 hedge funds and large institutions have $64.4M invested in PIMCO Corporate & Income Strategy Fund in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 13 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
8% more capital invested
Capital invested by funds: $59.4M → $64.4M (+$5.04M)
0.69% more ownership
Funds ownership: 12.34% → 13.03% (+0.69%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 81 → 76 (-5)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.11M |
| 2 |
RWA
Redmont Wealth Advisors
Chicago,
Illinois
|
+$980K |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$950K |
| 4 |
CWP
Cyndeo Wealth Partners
St. Petersburg,
Florida
|
+$768K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$740K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$1.07M |
| 2 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$568K |
| 3 |
Millennium Management
New York
|
-$327K |
| 4 |
VF
Virtu Financial
New York
|
-$275K |
| 5 |
EC
Elequin Capital
New York
|
-$187K |
PCN Hedge Fund Activity: Q1 2023 in Review
76 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q1 2023, worth a combined $64.4M — up 8.5% from $59.4M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PCN and 10 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 26 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.11M. The largest seller was Advisory Research, exiting entirely with an estimated $1.07M sold.
- 76 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q1 2023, down from 81 in Q4 2022.
- Funds reported $64.4M of PIMCO Corporate & Income Strategy Fund stock for Q1 2023, up 8.5% quarter-over-quarter.
- 10 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q1 2023 and 13 closed out, a net change of -3 holders.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q1 2023 was Guggenheim Capital, an estimated $1.11M added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q1 2023 was Advisory Research, an estimated $1.07M sold.
Based on aggregated 13F filings for Q1 2023.