PIMCO Income Strategy Fund II
PFN
69 hedge funds and large institutions have $116M invested in PIMCO Income Strategy Fund II in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 8 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
10% more capital invested
Capital invested by funds: $105M → $116M (+$10.6M)
0.75% more ownership
Funds ownership: 16.34% → 17.09% (+0.75%)
4% less funds holding
Funds holding: 72 → 69 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$5.03M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$2.21M |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$1.45M |
| 4 |
Cohen & Steers
New York
|
+$1.09M |
| 5 |
HK
Horizon Kinetics
New York
|
+$737K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$3.13M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.14M |
| 3 |
Citigroup
New York
|
-$1.05M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$918K |
| 5 |
MA
MUFG Americas
New York
|
-$628K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KCPG
76
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$72K | -7,000 | Closed |
|
77
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$5K | -500 | Closed |
|
PFN Hedge Fund Activity: Q2 2014 in Review
69 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in PIMCO Income Strategy Fund II (PFN) for Q2 2014, worth a combined $116M — up 10% from $105M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PFN and 5 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 21 added.
The largest buyer was Guggenheim Capital, adding an estimated $5.03M. The largest seller was Advisors Capital Management, exiting entirely with an estimated $3.13M sold.
- 69 institutional investors held PIMCO Income Strategy Fund II (PFN) as of Q2 2014, down from 72 in Q1 2014.
- Funds reported $116M of PIMCO Income Strategy Fund II stock for Q2 2014, up 10% quarter-over-quarter.
- 5 funds opened new PIMCO Income Strategy Fund II positions in Q2 2014 and 8 closed out, a net change of -3 holders.
- The largest PIMCO Income Strategy Fund II buyer in Q2 2014 was Guggenheim Capital, an estimated $5.03M added.
- The largest PIMCO Income Strategy Fund II seller in Q2 2014 was Advisors Capital Management, an estimated $3.13M sold.
Based on aggregated 13F filings for Q2 2014.