PIMCO Dynamic Income Fund
71 hedge funds and large institutions have $238M invested in PIMCO Dynamic Income Fund in 2014 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
11% more funds holding
Funds holding: 64 → 71 (+7)
4% less capital invested
Capital invested by funds: $248M → $238M (-$9.65M)
1.95% less ownership
Funds ownership: 17.44% → 15.49% (-1.9%)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$13M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.53M |
| 3 |
Morgan Stanley
New York
|
+$1.64M |
| 4 |
Cohen & Steers
New York
|
+$1.62M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$1.45M |
Top Sellers
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$20.3M |
| 2 |
SCM
Saba Capital Management
New York
|
-$15.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$6.57M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$4.23M |
| 5 |
CA
Claar Advisors
New York
|
-$3.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citadel Advisors
Miami,
Florida
| – | -$271K | -9,318 | Closed |
|
|
WS
77
Wedbush Securities
Los Angeles,
California
| – | -$212K | -7,291 | Closed |
|
|
PCM
78
Prelude Capital Management
New York
| – | -$117K | -4,000 | Closed |
|
|
NES
79
New England Securities
New York
| – | -$33K | -1,120 | Closed |
|
|
BIM
80
BlackRock Investment Management
Wilmington,
Delaware
| – | -$10K | -340 | Closed |
|
PDI Hedge Fund Activity: Q1 2014 in Review
71 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Income Fund (PDI) for Q1 2014, worth a combined $238M — down 3.9% from $248M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PDI positions and 9 closed out — a net gain of 8 holders — while 25 added to existing stakes and 18 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $13M. The largest seller was Rivernorth Capital Management, cutting an estimated $20.3M.
- 71 institutional investors held PIMCO Dynamic Income Fund (PDI) as of Q1 2014, up from 64 in Q4 2013.
- Funds reported $238M of PIMCO Dynamic Income Fund stock for Q1 2014, down 3.9% quarter-over-quarter.
- 17 funds opened new PIMCO Dynamic Income Fund positions in Q1 2014 and 9 closed out, a net change of +8 holders.
- The largest PIMCO Dynamic Income Fund buyer in Q1 2014 was Guggenheim Capital, an estimated $13M added.
- The largest PIMCO Dynamic Income Fund seller in Q1 2014 was Rivernorth Capital Management, an estimated $20.3M sold.
Based on aggregated 13F filings for Q1 2014.