PIMCO Dynamic Income Strategy Fund
PDX
62 hedge funds and large institutions have $300M invested in PIMCO Dynamic Income Strategy Fund in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 19 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
13% more capital invested
Capital invested by funds: $265M → $300M (+$34.4M)
7% more funds holding
Funds holding: 58 → 62 (+4)
1.81% more ownership
Funds ownership: 40.68% → 42.49% (+1.8%)
5% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$9.92M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.02M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$932K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$912K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$788K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.79M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$806K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$326K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$290K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$285K |
PDX Hedge Fund Activity: Q2 2023 in Review
62 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PIMCO Dynamic Income Strategy Fund (PDX) for Q2 2023, worth a combined $300M — up 13% from $265M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PDX positions and 5 closed out — a net gain of 4 holders — while 20 added to existing stakes and 19 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $9.92M. The largest seller was Morgan Stanley, cutting an estimated $1.79M.
- 62 institutional investors held PIMCO Dynamic Income Strategy Fund (PDX) as of Q2 2023, up from 58 in Q1 2023.
- Funds reported $300M of PIMCO Dynamic Income Strategy Fund stock for Q2 2023, up 13% quarter-over-quarter.
- 9 funds opened new PIMCO Dynamic Income Strategy Fund positions in Q2 2023 and 5 closed out, a net change of +4 holders.
- The largest PIMCO Dynamic Income Strategy Fund buyer in Q2 2023 was Saba Capital Management, an estimated $9.92M added.
- The largest PIMCO Dynamic Income Strategy Fund seller in Q2 2023 was Morgan Stanley, an estimated $1.79M sold.
Based on aggregated 13F filings for Q2 2023.