PIMCO Dynamic Income Strategy Fund
PDX
58 hedge funds and large institutions have $265M invested in PIMCO Dynamic Income Strategy Fund in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 29 reducing their positions, and 10 closing their positions.
1.66% more ownership
Funds ownership: 39.02% → 40.68% (+1.7%)
2% more capital invested
Capital invested by funds: $260M → $265M (+$5.48M)
12% less funds holding
Funds holding: 66 → 58 (-8)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
48% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 29
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$16.9M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.32M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$687K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$671K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$481K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.03M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.9M |
| 3 |
QC
Quantedge Capital
Singapore
|
-$1.06M |
| 4 |
RVPG
Relative Value Partners Group
|
-$973K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$861K |
PDX Hedge Fund Activity: Q1 2023 in Review
58 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Income Strategy Fund (PDX) for Q1 2023, worth a combined $265M — up 2.1% from $260M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PDX and 2 opened new positions — a net loss of 8 holders — while 29 trimmed existing stakes and 15 added.
The largest buyer was Saba Capital Management, adding an estimated $16.9M. The largest seller was Morgan Stanley, cutting an estimated $2.03M.
- 58 institutional investors held PIMCO Dynamic Income Strategy Fund (PDX) as of Q1 2023, down from 66 in Q4 2022.
- Funds reported $265M of PIMCO Dynamic Income Strategy Fund stock for Q1 2023, up 2.1% quarter-over-quarter.
- 2 funds opened new PIMCO Dynamic Income Strategy Fund positions in Q1 2023 and 10 closed out, a net change of -8 holders.
- The largest PIMCO Dynamic Income Strategy Fund buyer in Q1 2023 was Saba Capital Management, an estimated $16.9M added.
- The largest PIMCO Dynamic Income Strategy Fund seller in Q1 2023 was Morgan Stanley, an estimated $2.03M sold.
Based on aggregated 13F filings for Q1 2023.