PIMCO Income Strategy Fund II
PFN
70 hedge funds and large institutions have $106M invested in PIMCO Income Strategy Fund II in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
17% more funds holding
Funds holding: 60 → 70 (+10)
11% more capital invested
Capital invested by funds: $96M → $106M (+$10.1M)
2.09% more ownership
Funds ownership: 15.33% → 17.43% (+2.1%)
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$10.4M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.63M |
| 3 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
+$1.41M |
| 4 |
Cohen & Steers
New York
|
+$553K |
| 5 |
SG Americas Securities
New York
|
+$466K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.27M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1.05M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$816K |
| 4 |
Goldman Sachs
New York
|
-$554K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$478K |
PFN Hedge Fund Activity: Q4 2013 in Review
70 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in PIMCO Income Strategy Fund II (PFN) for Q4 2013, worth a combined $106M — up 11% from $96M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PFN positions and 7 closed out — a net gain of 11 holders — while 16 added to existing stakes and 21 trimmed.
The largest buyer was Advisors Capital Management, opening a new position worth an estimated $10.4M. The largest seller was Wells Fargo, cutting an estimated $1.27M.
- 70 institutional investors held PIMCO Income Strategy Fund II (PFN) as of Q4 2013, up from 60 in Q3 2013.
- Funds reported $106M of PIMCO Income Strategy Fund II stock for Q4 2013, up 11% quarter-over-quarter.
- 18 funds opened new PIMCO Income Strategy Fund II positions in Q4 2013 and 7 closed out, a net change of +11 holders.
- The largest PIMCO Income Strategy Fund II buyer in Q4 2013 was Advisors Capital Management, an estimated $10.4M added.
- The largest PIMCO Income Strategy Fund II seller in Q4 2013 was Wells Fargo, an estimated $1.27M sold.
Based on aggregated 13F filings for Q4 2013.