PIMCO Income Strategy Fund II
PFN
74 hedge funds and large institutions have $97.1M invested in PIMCO Income Strategy Fund II in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
3% more funds holding
Funds holding: 72 → 74 (+2)
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
3.15% less ownership
Funds ownership: 18.3% → 15.15% (-3.2%)
13% less capital invested
Capital invested by funds: $111M → $97.1M (-$13.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.3M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.21M |
| 3 |
PA
Pinnacle Associates
New York
|
+$851K |
| 4 |
CNB
City National Bank
Beverly Hills,
California
|
+$609K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$414K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.53M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$5.51M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$4.93M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.61M |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAMU
76
Amundi Asset Management US
Boston,
Massachusetts
| – | -$4.93M | -502,828 | Closed |
|
|
IMS
77
Index Management Solutions
Philadelphia,
Pennsylvania
| – | -$969K | -98,785 | Closed |
|
78
SG Americas Securities
New York
| – | -$605K | -61,658 | Closed |
|
|
ACM
79
Avalon Capital Management
Port Of Redwood City,
California
| – | -$555K | -56,550 | Closed |
|
80
Jane Street
New York
| – | -$230K | -23,454 | Closed |
|
|
CAN
81
Cetera Advisor Networks
El Segundo,
California
| – | -$123K | -12,527 | Closed |
|
|
PMFA
82
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$83K | -8,500 | Closed |
|
|
FCCM
83
First City Capital Management
Savannah,
Georgia
| – | -$14.7K | -1,500 | Closed |
|
|
WA
84
WFG Advisors
Dallas,
Texas
| – | -$7K | -666 | Closed |
|
PFN Hedge Fund Activity: Q1 2015 in Review
74 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PIMCO Income Strategy Fund II (PFN) for Q1 2015, worth a combined $97.1M — down 13% from $111M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PFN positions and 9 closed out — a net gain of 2 holders — while 19 added to existing stakes and 21 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $1.3M. The largest seller was Rivernorth Capital Management, cutting an estimated $6.53M.
- 74 institutional investors held PIMCO Income Strategy Fund II (PFN) as of Q1 2015, up from 72 in Q4 2014.
- Funds reported $97.1M of PIMCO Income Strategy Fund II stock for Q1 2015, down 13% quarter-over-quarter.
- 11 funds opened new PIMCO Income Strategy Fund II positions in Q1 2015 and 9 closed out, a net change of +2 holders.
- The largest PIMCO Income Strategy Fund II buyer in Q1 2015 was Cohen & Steers, an estimated $1.3M added.
- The largest PIMCO Income Strategy Fund II seller in Q1 2015 was Rivernorth Capital Management, an estimated $6.53M sold.
Based on aggregated 13F filings for Q1 2015.