PIMCO High Income Fund
PHK
68 hedge funds and large institutions have $43.6M invested in PIMCO High Income Fund in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 27 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
3% more funds holding
Funds holding: 66 → 68 (+2)
0.56% less ownership
Funds ownership: 4.46% → 3.9% (-0.56%)
5% less capital invested
Capital invested by funds: $45.8M → $43.6M (-$2.28M)
44% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.04M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$920K |
| 3 |
CSIC
Clifford Swan Investment Counsel
Pasadena,
California
|
+$395K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$284K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.8M |
| 2 |
Squarepoint
New York
|
-$1.85M |
| 3 |
SG Americas Securities
New York
|
-$1.51M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$736K |
| 5 |
LCM
Laurion Capital Management
New York
|
-$717K |
PHK Hedge Fund Activity: Q1 2016 in Review
68 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PIMCO High Income Fund (PHK) for Q1 2016, worth a combined $43.6M — down 5% from $45.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PHK positions and 10 closed out — a net gain of 2 holders — while 15 added to existing stakes and 27 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $1.04M. The largest seller was Morgan Stanley, cutting an estimated $2.8M.
- 68 institutional investors held PIMCO High Income Fund (PHK) as of Q1 2016, up from 66 in Q4 2015.
- Funds reported $43.6M of PIMCO High Income Fund stock for Q1 2016, down 5% quarter-over-quarter.
- 12 funds opened new PIMCO High Income Fund positions in Q1 2016 and 10 closed out, a net change of +2 holders.
- The largest PIMCO High Income Fund buyer in Q1 2016 was Cohen & Steers, an estimated $1.04M added.
- The largest PIMCO High Income Fund seller in Q1 2016 was Morgan Stanley, an estimated $2.8M sold.
Based on aggregated 13F filings for Q1 2016.