PIMCO Corporate & Income Strategy Fund
PCN
84 hedge funds and large institutions have $97.9M invested in PIMCO Corporate & Income Strategy Fund in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 16 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 20
25% more capital invested
Capital invested by funds: $78.6M → $97.9M (+$19.3M)
1.41% more ownership
Funds ownership: 13.26% → 14.67% (+1.4%)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
1% less funds holding
Funds holding: 85 → 84 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.93M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$2.48M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.61M |
| 4 |
VVP
Venture Visionary Partners
Sylvania,
Ohio
|
+$1.15M |
| 5 |
PS
Principal Securities
Des Moines,
Iowa
|
+$957K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
-$766K |
| 2 |
EC
Elequin Capital
New York
|
-$641K |
| 3 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$608K |
| 4 |
BA
Bridge Advisory
Pasadena,
California
|
-$503K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$446K |
PCN Hedge Fund Activity: Q1 2024 in Review
84 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q1 2024, worth a combined $97.9M — up 25% from $78.6M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PCN and 15 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 29 added.
The largest buyer was Cetera Investment Advisers, adding an estimated $2.93M. The largest seller was Focus Financial Network, exiting entirely with an estimated $766K sold.
- 84 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q1 2024, down from 85 in Q4 2023.
- Funds reported $97.9M of PIMCO Corporate & Income Strategy Fund stock for Q1 2024, up 25% quarter-over-quarter.
- 15 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q1 2024 and 16 closed out, a net change of -1 holder.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q1 2024 was Cetera Investment Advisers, an estimated $2.93M added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q1 2024 was Focus Financial Network, an estimated $766K sold.
Based on aggregated 13F filings for Q1 2024.