PIMCO High Income Fund
PHK
66 hedge funds and large institutions have $57.5M invested in PIMCO High Income Fund in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
10% more funds holding
Funds holding: 60 → 66 (+6)
1.52% less ownership
Funds ownership: 5.52% → 4% (-1.5%)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
28% less capital invested
Capital invested by funds: $80.2M → $57.5M (-$22.7M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2.18M |
| 2 |
SG Americas Securities
New York
|
+$2.06M |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$1.81M |
| 4 |
CNB
City National Bank
Beverly Hills,
California
|
+$957K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$732K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ALA
Atherton Lane Advisers
Menlo Park,
California
|
-$16.5M |
| 2 |
Cohen & Steers
New York
|
-$7.58M |
| 3 |
SONJCPFB
State of New Jersey Common Pension Fund B
Trenton,
New Jersey
|
-$6.03M |
| 4 |
Morgan Stanley
New York
|
-$385K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$346K |
PHK Hedge Fund Activity: Q4 2013 in Review
66 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in PIMCO High Income Fund (PHK) for Q4 2013, worth a combined $57.5M — down 28% from $80.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PHK positions and 6 closed out — a net gain of 6 holders — while 15 added to existing stakes and 20 trimmed.
The largest buyer was Cetera Advisor Networks, adding an estimated $2.18M. The largest seller was Atherton Lane Advisers, exiting entirely with an estimated $16.5M sold.
- 66 institutional investors held PIMCO High Income Fund (PHK) as of Q4 2013, up from 60 in Q3 2013.
- Funds reported $57.5M of PIMCO High Income Fund stock for Q4 2013, down 28% quarter-over-quarter.
- 12 funds opened new PIMCO High Income Fund positions in Q4 2013 and 6 closed out, a net change of +6 holders.
- The largest PIMCO High Income Fund buyer in Q4 2013 was Cetera Advisor Networks, an estimated $2.18M added.
- The largest PIMCO High Income Fund seller in Q4 2013 was Atherton Lane Advisers, an estimated $16.5M sold.
Based on aggregated 13F filings for Q4 2013.