PIMCO Income Strategy Fund II
PFN
78 hedge funds and large institutions have $81M invested in PIMCO Income Strategy Fund II in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
4% more funds holding
Funds holding: 75 → 78 (+3)
5% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 21
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.48% less ownership
Funds ownership: 13.99% → 12.51% (-1.5%)
8% less capital invested
Capital invested by funds: $88M → $81M (-$7.01M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$665K |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
+$436K |
| 3 |
SRC
Shufro Rose & Co
New York
|
+$397K |
| 4 |
Morgan Stanley
New York
|
+$374K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$276K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$4.41M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.26M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$2.23M |
| 4 |
Cohen & Steers
New York
|
-$698K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$625K |
PFN Hedge Fund Activity: Q3 2018 in Review
78 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in PIMCO Income Strategy Fund II (PFN) for Q3 2018, worth a combined $81M — down 8% from $88M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PFN positions and 9 closed out — a net gain of 3 holders — while 22 added to existing stakes and 21 trimmed.
The largest buyer was Nine Masts Capital, opening a new position worth an estimated $665K. The largest seller was Bessemer Group, exiting entirely with an estimated $4.41M sold.
- 78 institutional investors held PIMCO Income Strategy Fund II (PFN) as of Q3 2018, up from 75 in Q2 2018.
- Funds reported $81M of PIMCO Income Strategy Fund II stock for Q3 2018, down 8% quarter-over-quarter.
- 12 funds opened new PIMCO Income Strategy Fund II positions in Q3 2018 and 9 closed out, a net change of +3 holders.
- The largest PIMCO Income Strategy Fund II buyer in Q3 2018 was Nine Masts Capital, an estimated $665K added.
- The largest PIMCO Income Strategy Fund II seller in Q3 2018 was Bessemer Group, an estimated $4.41M sold.
Based on aggregated 13F filings for Q3 2018.