PIMCO High Income Fund
PHK
67 hedge funds and large institutions have $262M invested in PIMCO High Income Fund in 2014 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 13 closing their positions.
186% more capital invested
Capital invested by funds: $91.6M → $262M (+$170M)
1% less ownership
Funds ownership: 6.33% → 5.33% (-1%)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
3% less funds holding
Funds holding: 69 → 67 (-2)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$2.31M |
| 2 |
Morgan Stanley
New York
|
+$2.16M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.29M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1M |
| 5 |
Goldman Sachs
New York
|
+$664K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$7.11M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$747K |
| 3 |
CNB
City National Bank
Beverly Hills,
California
|
-$700K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$689K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$545K |
PHK Hedge Fund Activity: Q4 2014 in Review
67 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in PIMCO High Income Fund (PHK) for Q4 2014, worth a combined $262M — up 186% from $91.6M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PHK and 12 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 15 added.
The largest buyer was Amundi Asset Management US, adding an estimated $2.31M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $7.11M.
- 67 institutional investors held PIMCO High Income Fund (PHK) as of Q4 2014, down from 69 in Q3 2014.
- Funds reported $262M of PIMCO High Income Fund stock for Q4 2014, up 186% quarter-over-quarter.
- 12 funds opened new PIMCO High Income Fund positions in Q4 2014 and 13 closed out, a net change of -1 holder.
- The largest PIMCO High Income Fund buyer in Q4 2014 was Amundi Asset Management US, an estimated $2.31M added.
- The largest PIMCO High Income Fund seller in Q4 2014 was Cambridge Investment Research Advisors, an estimated $7.11M sold.
Based on aggregated 13F filings for Q4 2014.