PIMCO Strategic Income Fund
RCS
54 hedge funds and large institutions have $23.9M invested in PIMCO Strategic Income Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 6 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 53 → 54 (+1)
0.67% less ownership
Funds ownership: 6.41% → 5.74% (-0.67%)
6% less capital invested
Capital invested by funds: $25.4M → $23.9M (-$1.43M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$505K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$428K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$380K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$213K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.61M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$778K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$515K |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
-$442K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
-$71K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
51
FNY Investment Advisers
New York
| $2K | +$2.13K | +225 | New |
|
|
SPIA
52
Steward Partners Investment Advisory
New York
| $1K | – | – | – |
|
|
RCM
53
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$2.61M | -281,056 | Closed |
|
|
NFG
54
Next Financial Group
Houston,
Texas
| – | -$442K | -47,648 | Closed |
|
|
55
US Bancorp
Minneapolis,
Minnesota
| – | -$71K | -7,700 | Closed |
|
56
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$48K | -5,133 | Closed |
|
|
SWP
57
Strategic Wealth Partners
Independence,
Ohio
| – | -$3K | -300 | Closed |
|
58
Citigroup
New York
| – | -$1K | -150 | Closed |
|
|
MWM
59
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | +$9 | +1 | +1% |
|
RCS Hedge Fund Activity: Q2 2018 in Review
54 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in PIMCO Strategic Income Fund (RCS) for Q2 2018, worth a combined $23.9M — down 5.6% from $25.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RCS positions and 6 closed out — a net gain of 1 holder — while 18 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $505K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.61M sold.
- 54 institutional investors held PIMCO Strategic Income Fund (RCS) as of Q2 2018, up from 53 in Q1 2018.
- Funds reported $23.9M of PIMCO Strategic Income Fund stock for Q2 2018, down 5.6% quarter-over-quarter.
- 7 funds opened new PIMCO Strategic Income Fund positions in Q2 2018 and 6 closed out, a net change of +1 holder.
- The largest PIMCO Strategic Income Fund buyer in Q2 2018 was Morgan Stanley, an estimated $505K added.
- The largest PIMCO Strategic Income Fund seller in Q2 2018 was Rivernorth Capital Management, an estimated $2.61M sold.
Based on aggregated 13F filings for Q2 2018.