PIMCO Dynamic Income Fund
65 hedge funds and large institutions have $230M invested in PIMCO Dynamic Income Fund in 2013 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 10 closing their positions.
120% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 10
31% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 16
20% more funds holding
Funds holding: 54 → 65 (+11)
4% more capital invested
Capital invested by funds: $221M → $230M (+$9.38M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.57% less ownership
Funds ownership: 19.01% → 17.44% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$5.85M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$4.91M |
| 3 |
Morgan Stanley
New York
|
+$3.12M |
| 4 |
HK
Horizon Kinetics
New York
|
+$2.73M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tegean Capital Management
New York
|
-$9.23M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.21M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.88M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.69M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.43M |
PDI Hedge Fund Activity: Q4 2013 in Review
65 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Income Fund (PDI) for Q4 2013, worth a combined $230M — up 4.2% from $221M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PDI positions and 10 closed out — a net gain of 12 holders — while 21 added to existing stakes and 16 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $5.85M. The largest seller was Tegean Capital Management, exiting entirely with an estimated $9.23M sold.
- 65 institutional investors held PIMCO Dynamic Income Fund (PDI) as of Q4 2013, up from 54 in Q3 2013.
- Funds reported $230M of PIMCO Dynamic Income Fund stock for Q4 2013, up 4.2% quarter-over-quarter.
- 22 funds opened new PIMCO Dynamic Income Fund positions in Q4 2013 and 10 closed out, a net change of +12 holders.
- The largest PIMCO Dynamic Income Fund buyer in Q4 2013 was Bessemer Group, an estimated $5.85M added.
- The largest PIMCO Dynamic Income Fund seller in Q4 2013 was Tegean Capital Management, an estimated $9.23M sold.
Based on aggregated 13F filings for Q4 2013.