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PCN

PIMCO Corporate & Income Strategy Fund

84 hedge funds and large institutions have $97.8M invested in PIMCO Corporate & Income Strategy Fund in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 21

13% more capital invested

Capital invested by funds: $86.9M → $97.8M (+$11M)

0.02% more ownership

Funds ownership: 14.66%14.67% (+0.02%)

6% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 16

1% less funds holding

Funds holding: 8584 (-1)

Holders
84
Holders Change
-1
Holders Change %
-1.18%
% of All Funds
1.21%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
28
Reduced
21
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PS
1
Principal Securities
Iowa
$10.5M +$957K +72,042 +11%
Morgan Stanley
2
Morgan Stanley
New York
$9.66M -$8.53M -642,180 -48%
GC
3
Guggenheim Capital
Illinois
$8.3M +$1.61M +121,469 +26%
AWM
4
Axxcess Wealth Management
California
$7.58M +$706K +53,147 +11%
ECA
5
Elevated Capital Advisors
Utah
$5.45M +$344K +25,883 +7%
LPL Financial
6
LPL Financial
California
$4.75M +$380K +28,594 +9%
Invesco
7
Invesco
Georgia
$4.23M +$390K +29,333 +11%
Northwestern Mutual Wealth Management
8
Northwestern Mutual Wealth Management
Wisconsin
$4.17M +$553K +41,620 +16%
Cetera Investment Advisers
9
Cetera Investment Advisers
Illinois
$3.83M +$2.93M +220,767 +415%
GL
10
GHE LLC
Tennessee
$3.58M +$7.1K +534 +0.2%
Bank of America
11
Bank of America
North Carolina
$2.99M -$31.9K -2,399 -1%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$2.66M +$210K +15,817 +9%
PCM
13
Penserra Capital Management
California
$2.6M +$2.48M +186,295 New
CWP
14
Cyndeo Wealth Partners
Florida
$2.36M
CA
15
Cetera Advisors
Colorado
$2.1M -$171K -12,874 -8%
Osaic Holdings
16
Osaic Holdings
Arizona
$1.99M +$206K +15,480 +12%
PFS
17
Prospera Financial Services
Texas
$1.34M +$112K +8,404 +10%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$1.24M -$91.5K -6,886 -7%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$1.23M +$158K +11,912 +16%
VVP
20
Venture Visionary Partners
Ohio
$1.21M +$1.15M +86,714 New
UBS Group
21
UBS Group
Switzerland
$1.05M -$10.6K -799 -1%
IAIM
22
International Assets Investment Management
Florida
$1.03M -$478 -36 -0%
ACP
23
Aviance Capital Partners
Florida
$960K +$48.7K +3,668 +6%
NA
24
NewEdge Advisors
Louisiana
$955K -$257K -19,307 -22%
CAN
25
Cetera Advisor Networks
California
$929K -$74.2K -5,584 -8%

PCN Hedge Fund Activity: Q1 2024 in Review

84 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q1 2024, worth a combined $97.8M — up 13% from $86.9M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of PCN and 15 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 28 added.

The largest buyer was Cetera Investment Advisers, adding an estimated $2.93M. The largest seller was Morgan Stanley, cutting an estimated $8.53M.

  • 84 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q1 2024, down from 85 in Q4 2023.
  • Funds reported $97.8M of PIMCO Corporate & Income Strategy Fund stock for Q1 2024, up 13% 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 Morgan Stanley, an estimated $8.53M sold.

Based on aggregated 13F filings for Q1 2024.