PIMCO Dynamic Income Fund
54 hedge funds and large institutions have $240M invested in PIMCO Dynamic Income Fund in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 12 closing their positions.
16% more capital invested
Capital invested by funds: $207M → $240M (+$32.9M)
2.34% more ownership
Funds ownership: 16.67% → 19.01% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
4% less funds holding
Funds holding: 56 → 54 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| 1 |
SCM
Saba Capital Management
New York
|
+$16.2M |
| 2 |
TCM
Tegean Capital Management
New York
|
+$9.01M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.9M |
| 4 |
MRI
Mad River Investors
Boston,
Massachusetts
|
+$3.75M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.86M |
Top Sellers
| 1 |
U
UBS
Zurich,
Switzerland
|
-$4.91M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.25M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.84M |
| 4 |
Morgan Stanley
New York
|
-$1.55M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.34M |
PDI Hedge Fund Activity: Q3 2013 in Review
54 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Income Fund (PDI) for Q3 2013, worth a combined $240M — up 16% from $207M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PDI and 10 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 17 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $16.2M. The largest seller was UBS, cutting an estimated $4.91M.
- 54 institutional investors held PIMCO Dynamic Income Fund (PDI) as of Q3 2013, down from 56 in Q2 2013.
- Funds reported $240M of PIMCO Dynamic Income Fund stock for Q3 2013, up 16% quarter-over-quarter.
- 10 funds opened new PIMCO Dynamic Income Fund positions in Q3 2013 and 12 closed out, a net change of -2 holders.
- The largest PIMCO Dynamic Income Fund buyer in Q3 2013 was Saba Capital Management, an estimated $16.2M added.
- The largest PIMCO Dynamic Income Fund seller in Q3 2013 was UBS, an estimated $4.91M sold.
Based on aggregated 13F filings for Q3 2013.