PIMCO High Income Fund
PHK
67 hedge funds and large institutions have $41M invested in PIMCO High Income Fund in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
2% more funds holding
Funds holding: 66 → 67 (+1)
0.08% less ownership
Funds ownership: 3.81% → 3.73% (-0.08%)
7% less capital invested
Capital invested by funds: $44.3M → $41M (-$3.3M)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$1.37M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.04M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$302K |
| 4 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$197K |
| 5 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$617K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$592K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$419K |
| 4 |
LPL Financial
San Diego,
California
|
-$391K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$260K |
PHK Hedge Fund Activity: Q1 2017 in Review
67 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in PIMCO High Income Fund (PHK) for Q1 2017, worth a combined $41M — down 7.4% from $44.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PHK positions and 7 closed out — a net gain of 2 holders — while 18 added to existing stakes and 20 trimmed.
The largest buyer was CIBC World Market, opening a new position worth an estimated $1.37M. The largest seller was Morgan Stanley, cutting an estimated $617K.
- 67 institutional investors held PIMCO High Income Fund (PHK) as of Q1 2017, up from 66 in Q4 2016.
- Funds reported $41M of PIMCO High Income Fund stock for Q1 2017, down 7.4% quarter-over-quarter.
- 9 funds opened new PIMCO High Income Fund positions in Q1 2017 and 7 closed out, a net change of +2 holders.
- The largest PIMCO High Income Fund buyer in Q1 2017 was CIBC World Market, an estimated $1.37M added.
- The largest PIMCO High Income Fund seller in Q1 2017 was Morgan Stanley, an estimated $617K sold.
Based on aggregated 13F filings for Q1 2017.