PIMCO Dynamic Income Fund
65 hedge funds and large institutions have $230M invested in PIMCO Dynamic Income Fund in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 15 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
0.8% less ownership
Funds ownership: 18.23% → 17.42% (-0.8%)
8% less funds holding
Funds holding: 71 → 65 (-6)
9% less capital invested
Capital invested by funds: $254M → $230M (-$24M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.01M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.91M |
| 3 |
LVP
Limestone Value Partners
Houston,
Texas
|
+$1.81M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$1.33M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.88M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$4.65M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.69M |
| 4 |
Morgan Stanley
New York
|
-$2.59M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCS
76
Crosspoint Capital Strategies
Orinda,
California
| – | -$81K | -2,800 | Closed |
|
|
JWM
77
Jackson Wealth Management
Lake Mary,
Florida
| – | -$75K | -2,612 | Closed |
|
|
BCM
78
Brookstone Capital Management
Wheaton,
Illinois
| – | -$41K | -1,440 | Closed |
|
|
W
79
Wealthfront
Palo Alto,
California
| – | -$25K | -876 | Closed |
|
80
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$18K | -620 | Closed |
|
|
FNBT
81
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$6K | -200 | Closed |
|
PDI Hedge Fund Activity: Q4 2015 in Review
65 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Income Fund (PDI) for Q4 2015, worth a combined $230M — down 9.5% from $254M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PDI and 9 opened new positions — a net loss of 6 holders — while 19 trimmed existing stakes and 24 added.
The largest buyer was Bank of America, adding an estimated $3.01M. The largest seller was Sit Investment Associates, cutting an estimated $4.88M.
- 65 institutional investors held PIMCO Dynamic Income Fund (PDI) as of Q4 2015, down from 71 in Q3 2015.
- Funds reported $230M of PIMCO Dynamic Income Fund stock for Q4 2015, down 9.5% quarter-over-quarter.
- 9 funds opened new PIMCO Dynamic Income Fund positions in Q4 2015 and 15 closed out, a net change of -6 holders.
- The largest PIMCO Dynamic Income Fund buyer in Q4 2015 was Bank of America, an estimated $3.01M added.
- The largest PIMCO Dynamic Income Fund seller in Q4 2015 was Sit Investment Associates, an estimated $4.88M sold.
Based on aggregated 13F filings for Q4 2015.