PIMCO Income Strategy Fund II
PFN
82 hedge funds and large institutions have $105M invested in PIMCO Income Strategy Fund II in 2015 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 22 increasing their positions, 27 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
12% more capital invested
Capital invested by funds: $94.3M → $105M (+$11.2M)
6% more funds holding
Funds holding: 77 → 82 (+5)
2.3% more ownership
Funds ownership: 18.05% → 20.35% (+2.3%)
19% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$8.53M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$4.28M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
+$2.96M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.44M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.98M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.76M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.44M |
| 4 |
HK
Horizon Kinetics
New York
|
-$1.43M |
| 5 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$1.33M |
PFN Hedge Fund Activity: Q4 2015 in Review
82 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in PIMCO Income Strategy Fund II (PFN) for Q4 2015, worth a combined $105M — up 12% from $94.3M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PFN positions and 10 closed out — a net gain of 6 holders — while 22 added to existing stakes and 27 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $8.53M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.98M sold.
- 82 institutional investors held PIMCO Income Strategy Fund II (PFN) as of Q4 2015, up from 77 in Q3 2015.
- Funds reported $105M of PIMCO Income Strategy Fund II stock for Q4 2015, up 12% quarter-over-quarter.
- 16 funds opened new PIMCO Income Strategy Fund II positions in Q4 2015 and 10 closed out, a net change of +6 holders.
- The largest PIMCO Income Strategy Fund II buyer in Q4 2015 was Sit Investment Associates, an estimated $8.53M added.
- The largest PIMCO Income Strategy Fund II seller in Q4 2015 was Rivernorth Capital Management, an estimated $1.98M sold.
Based on aggregated 13F filings for Q4 2015.