PIMCO Income Strategy Fund II
PFN
72 hedge funds and large institutions have $105M invested in PIMCO Income Strategy Fund II in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 19 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
3% more funds holding
Funds holding: 70 → 72 (+2)
5% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 19
1.09% less ownership
Funds ownership: 17.43% → 16.34% (-1.1%)
46% less capital inflows, than outflows
Capital inflows: $7.62M | Capital outflows: $14.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.79M |
| 2 |
Horizon Kinetics
New York
|
+$1.29M |
| 3 |
Shaker Financial Services
Arlington,
Virginia
|
+$849K |
| 4 |
UBS
Zurich,
Switzerland
|
+$688K |
| 5 |
Cohen & Steers
New York
|
+$604K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Capital Management
Ridgewood,
New Jersey
|
-$7.42M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.18M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.17M |
| 4 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
-$770K |
| 5 |
SG Americas Securities
New York
|
-$456K |
PFN Hedge Fund Activity: Q1 2014 in Review
72 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in PIMCO Income Strategy Fund II (PFN) for Q1 2014, worth a combined $105M — down 1.1% from $106M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PFN positions and 7 closed out — a net gain of 3 holders — while 20 added to existing stakes and 19 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.79M. The largest seller was Advisors Capital Management, cutting an estimated $7.42M.
- 72 institutional investors held PIMCO Income Strategy Fund II (PFN) as of Q1 2014, up from 70 in Q4 2013.
- Funds reported $105M of PIMCO Income Strategy Fund II stock for Q1 2014, down 1.1% quarter-over-quarter.
- 10 funds opened new PIMCO Income Strategy Fund II positions in Q1 2014 and 7 closed out, a net change of +3 holders.
- The largest PIMCO Income Strategy Fund II buyer in Q1 2014 was Rivernorth Capital Management, an estimated $1.79M added.
- The largest PIMCO Income Strategy Fund II seller in Q1 2014 was Advisors Capital Management, an estimated $7.42M sold.
Based on aggregated 13F filings for Q1 2014.