PIMCO High Income Fund
PHK
85 hedge funds and large institutions have $43.8M invested in PIMCO High Income Fund in 2020 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 22 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
1.21% less ownership
Funds ownership: 7.41% → 6.19% (-1.2%)
8% less capital invested
Capital invested by funds: $47.5M → $43.8M (-$3.7M)
9% less funds holding
Funds holding: 93 → 85 (-8)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.18M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$988K |
| 3 |
Cohen & Steers
New York
|
+$675K |
| 4 |
Millennium Management
New York
|
+$576K |
| 5 |
AWM
Adams Wealth Management
Logan,
Utah
|
+$331K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.83M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.36M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.32M |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$1.29M |
PHK Hedge Fund Activity: Q2 2020 in Review
85 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in PIMCO High Income Fund (PHK) for Q2 2020, worth a combined $43.8M — down 7.8% from $47.5M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of PHK and 15 opened new positions — a net loss of 7 holders — while 20 trimmed existing stakes and 22 added.
The largest buyer was Thomas J. Herzfeld Advisors, opening a new position worth an estimated $1.18M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3M sold.
- 85 institutional investors held PIMCO High Income Fund (PHK) as of Q2 2020, down from 93 in Q1 2020.
- Funds reported $43.8M of PIMCO High Income Fund stock for Q2 2020, down 7.8% quarter-over-quarter.
- 15 funds opened new PIMCO High Income Fund positions in Q2 2020 and 22 closed out, a net change of -7 holders.
- The largest PIMCO High Income Fund buyer in Q2 2020 was Thomas J. Herzfeld Advisors, an estimated $1.18M added.
- The largest PIMCO High Income Fund seller in Q2 2020 was Rivernorth Capital Management, an estimated $3M sold.
Based on aggregated 13F filings for Q2 2020.