PIMCO High Income Fund
PHK
98 hedge funds and large institutions have $79.4M invested in PIMCO High Income Fund in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 30 reducing their positions, and 20 closing their positions.
14% more capital invested
Capital invested by funds: $69.8M → $79.4M (+$9.65M)
1.91% more ownership
Funds ownership: 10.94% → 12.85% (+1.9%)
3% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 30
9% less funds holding
Funds holding: 108 → 98 (-10)
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$13M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$2.59M |
| 3 |
Morgan Stanley
New York
|
+$866K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$734K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$519K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.38M |
| 2 |
Cohen & Steers
New York
|
-$1.02M |
| 3 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$640K |
| 4 |
Rockefeller Capital Management
New York
|
-$601K |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$571K |
PHK Hedge Fund Activity: Q1 2023 in Review
98 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PIMCO High Income Fund (PHK) for Q1 2023, worth a combined $79.4M — up 14% from $69.8M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PHK and 11 opened new positions — a net loss of 9 holders — while 30 trimmed existing stakes and 29 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $13M. The largest seller was Millennium Management, cutting an estimated $1.38M.
- 98 institutional investors held PIMCO High Income Fund (PHK) as of Q1 2023, down from 108 in Q4 2022.
- Funds reported $79.4M of PIMCO High Income Fund stock for Q1 2023, up 14% quarter-over-quarter.
- 11 funds opened new PIMCO High Income Fund positions in Q1 2023 and 20 closed out, a net change of -9 holders.
- The largest PIMCO High Income Fund buyer in Q1 2023 was Rivernorth Capital Management, an estimated $13M added.
- The largest PIMCO High Income Fund seller in Q1 2023 was Millennium Management, an estimated $1.38M sold.
Based on aggregated 13F filings for Q1 2023.