PIMCO High Income Fund
PHK
113 hedge funds and large institutions have $73.3M invested in PIMCO High Income Fund in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 32 increasing their positions, 27 reducing their positions, and 9 closing their positions.
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
19% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 27
12% more funds holding
Funds holding: 101 → 113 (+12)
1.29% less ownership
Funds ownership: 12.63% → 11.34% (-1.3%)
14% less capital invested
Capital invested by funds: $85.2M → $73.3M (-$12M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$1.47M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.18M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$960K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$316K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$300K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.2M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$737K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$705K |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$609K |
| 5 |
PA
Procyon Advisors
Shelton,
Connecticut
|
-$583K |
PHK Hedge Fund Activity: Q3 2023 in Review
113 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in PIMCO High Income Fund (PHK) for Q3 2023, worth a combined $73.3M — down 14% from $85.2M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PHK positions and 9 closed out — a net gain of 13 holders — while 32 added to existing stakes and 27 trimmed.
The largest buyer was Avantax Advisory Services, adding an estimated $1.47M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.2M.
- 113 institutional investors held PIMCO High Income Fund (PHK) as of Q3 2023, up from 101 in Q2 2023.
- Funds reported $73.3M of PIMCO High Income Fund stock for Q3 2023, down 14% quarter-over-quarter.
- 22 funds opened new PIMCO High Income Fund positions in Q3 2023 and 9 closed out, a net change of +13 holders.
- The largest PIMCO High Income Fund buyer in Q3 2023 was Avantax Advisory Services, an estimated $1.47M added.
- The largest PIMCO High Income Fund seller in Q3 2023 was Rivernorth Capital Management, an estimated $5.2M sold.
Based on aggregated 13F filings for Q3 2023.