PIMCO Income Strategy Fund II
PFN
60 hedge funds and large institutions have $96M invested in PIMCO Income Strategy Fund II in 2013 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 16 reducing their positions, and 12 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 16
0.8% less ownership
Funds ownership: 16.14% → 15.33% (-0.8%)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
2% less funds holding
Funds holding: 61 → 60 (-1)
8% less capital invested
Capital invested by funds: $104M → $96M (-$8.33M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $375K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$5.61M |
| 2 |
Cohen & Steers
New York
|
+$1.46M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$785K |
| 4 |
Goldman Sachs
New York
|
+$551K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$374K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$10.6M |
| 2 |
Morgan Stanley
New York
|
-$1.13M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.03M |
| 4 |
LWM
Lyons Wealth Management
Winter Park,
Florida
|
-$369K |
| 5 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
-$362K |
PFN Hedge Fund Activity: Q3 2013 in Review
60 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PIMCO Income Strategy Fund II (PFN) for Q3 2013, worth a combined $96M — down 8% from $104M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PFN and 11 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 19 added.
The largest buyer was Guggenheim Capital, adding an estimated $5.61M. The largest seller was Advisors Capital Management, exiting entirely with an estimated $10.6M sold.
- 60 institutional investors held PIMCO Income Strategy Fund II (PFN) as of Q3 2013, down from 61 in Q2 2013.
- Funds reported $96M of PIMCO Income Strategy Fund II stock for Q3 2013, down 8% quarter-over-quarter.
- 11 funds opened new PIMCO Income Strategy Fund II positions in Q3 2013 and 12 closed out, a net change of -1 holder.
- The largest PIMCO Income Strategy Fund II buyer in Q3 2013 was Guggenheim Capital, an estimated $5.61M added.
- The largest PIMCO Income Strategy Fund II seller in Q3 2013 was Advisors Capital Management, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2013.