PIMCO High Income Fund
PHK
76 hedge funds and large institutions have $48.2M invested in PIMCO High Income Fund in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 27 reducing their positions, and 9 closing their positions.
16% more capital invested
Capital invested by funds: $41.5M → $48.2M (+$6.66M)
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
0.82% more ownership
Funds ownership: 3.71% → 4.53% (+0.82%)
1% less funds holding
Funds holding: 77 → 76 (-1)
26% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$6.47M |
| 2 |
Cohen & Steers
New York
|
+$1.9M |
| 3 |
Morgan Stanley
New York
|
+$880K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$598K |
| 5 |
SF
Synovus Financial
Columbus,
Georgia
|
+$316K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$757K |
| 2 |
OTC
Opera Trading Capital
Paris,
France
|
-$320K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$229K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$193K |
| 5 |
CWM
Concert Wealth Management
San Jose,
California
|
-$187K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WS
76
Wedbush Securities
Los Angeles,
California
| – | -$97K | -11,138 | Closed |
|
|
BAM
77
Bruderman Asset Management
Locust Valley,
New York
| – | -$46K | -5,225 | Closed |
|
78
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$25K | -2,822 | Closed |
|
|
BFEC
79
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$9K | -1,000 | Closed |
|
|
DIA
80
Davidson Investment Advisors
Great Falls,
Montana
| – | -$1K | -200 | Closed |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| – | -$2K | -200 | Closed |
|
|
TCOV
82
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$1K | -64 | Closed |
|
83
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$392 | -46 | -53% |
|
PHK Hedge Fund Activity: Q3 2017 in Review
76 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PIMCO High Income Fund (PHK) for Q3 2017, worth a combined $48.2M — up 16% from $41.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PHK positions and 9 closed out — a net gain of 1 holder — while 20 added to existing stakes and 27 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $6.47M. The largest seller was Commonwealth Equity Services, cutting an estimated $757K.
- 76 institutional investors held PIMCO High Income Fund (PHK) as of Q3 2017, down from 77 in Q2 2017.
- Funds reported $48.2M of PIMCO High Income Fund stock for Q3 2017, up 16% quarter-over-quarter.
- 10 funds opened new PIMCO High Income Fund positions in Q3 2017 and 9 closed out, a net change of +1 holder.
- The largest PIMCO High Income Fund buyer in Q3 2017 was Laurion Capital Management, an estimated $6.47M added.
- The largest PIMCO High Income Fund seller in Q3 2017 was Commonwealth Equity Services, an estimated $757K sold.
Based on aggregated 13F filings for Q3 2017.