PIMCO Income Strategy Fund
PFL
36 hedge funds and large institutions have $55.7M invested in PIMCO Income Strategy Fund in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 7 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
25% more capital invested
Capital invested by funds: $44.7M → $55.7M (+$11M)
3.53% more ownership
Funds ownership: 13.83% → 17.36% (+3.5%)
10% less funds holding
Funds holding: 40 → 36 (-4)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$14.4M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$551K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$294K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.88M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$380K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$211K |
| 4 |
HK
Horizon Kinetics
New York
|
-$165K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$126K |
PFL Hedge Fund Activity: Q4 2014 in Review
36 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in PIMCO Income Strategy Fund (PFL) for Q4 2014, worth a combined $55.7M — up 25% from $44.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PFL and 5 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 14 added.
The largest buyer was Bank of America, adding an estimated $14.4M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $4.88M sold.
- 36 institutional investors held PIMCO Income Strategy Fund (PFL) as of Q4 2014, down from 40 in Q3 2014.
- Funds reported $55.7M of PIMCO Income Strategy Fund stock for Q4 2014, up 25% quarter-over-quarter.
- 5 funds opened new PIMCO Income Strategy Fund positions in Q4 2014 and 7 closed out, a net change of -2 holders.
- The largest PIMCO Income Strategy Fund buyer in Q4 2014 was Bank of America, an estimated $14.4M added.
- The largest PIMCO Income Strategy Fund seller in Q4 2014 was Rivernorth Capital Management, an estimated $4.88M sold.
Based on aggregated 13F filings for Q4 2014.