PIMCO High Income Fund
PHK
66 hedge funds and large institutions have $44.3M invested in PIMCO High Income Fund in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 14 closing their positions.
0.42% less ownership
Funds ownership: 4.23% → 3.81% (-0.42%)
6% less funds holding
Funds holding: 70 → 66 (-4)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
17% less capital invested
Capital invested by funds: $53.1M → $44.3M (-$8.78M)
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$673K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$594K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$438K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$244K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$4.16M |
| 2 |
Cohen & Steers
New York
|
-$1.47M |
| 3 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$479K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
-$439K |
| 5 |
SC
Stratford Consulting
Addison,
Texas
|
-$276K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AOWM
76
Alpha Omega Wealth Management
Richmond,
Virginia
| – | -$10K | -1,000 | Closed |
|
|
LWM
77
LBA Wealth Management
Jacksonville,
Florida
| – | -$1K | -117 | Closed |
|
78
SEI Investments
Oaks,
Pennsylvania
| – | +$202 | +22 | New |
|
PHK Hedge Fund Activity: Q4 2016 in Review
66 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in PIMCO High Income Fund (PHK) for Q4 2016, worth a combined $44.3M — down 17% from $53.1M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PHK and 12 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 20 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $673K. The largest seller was Cetera Advisor Networks, cutting an estimated $4.16M.
- 66 institutional investors held PIMCO High Income Fund (PHK) as of Q4 2016, down from 70 in Q3 2016.
- Funds reported $44.3M of PIMCO High Income Fund stock for Q4 2016, down 17% quarter-over-quarter.
- 12 funds opened new PIMCO High Income Fund positions in Q4 2016 and 14 closed out, a net change of -2 holders.
- The largest PIMCO High Income Fund buyer in Q4 2016 was Commonwealth Equity Services, an estimated $673K added.
- The largest PIMCO High Income Fund seller in Q4 2016 was Cetera Advisor Networks, an estimated $4.16M sold.
Based on aggregated 13F filings for Q4 2016.