Who Owns High Income Securities Fund Stock?
NYSE: PCFFinanceTrusts Except Educational Religious and CharitableUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 33.06%
- Held by insiders
- 0.48%
- Institutional holders
- 62
- Institutions 33.1%
- Insiders 0.5%
- Public and other 66.5%
Who owns High Income Securities Fund stock?
Institutional investors own about 33.1% of High Income Securities Fund's shares, spread across 62 institutions that file 13F reports. That level of institutional ownership is relatively low, leaving more of the stock with retail investors and insiders. Insiders, including executives, directors and large founding shareholders, hold 0.48% of PCF.
The largest institutional holders are LPL Financial LLC (7.69%), Morgan Stanley (3.82%) and Raymond James Financial, Inc. (2.55%). Together, the top 10 institutions control 20.3% of shares outstanding. In their latest filings, 7 of the top 10 institutions increased their PCF positions and 3 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of PCF
| Institution | Shares | % Held | Change |
|---|---|---|---|
| LPL Financial LLC | 1.44M | 7.69% | +3.0% |
| Morgan Stanley | 715.05K | 3.82% | +11.6% |
| Raymond James Financial, Inc. | 477.67K | 2.55% | -1.2% |
| Invesco Ltd. | 292.89K | 1.56% | +6.2% |
| Almitas Capital LLC | 209.32K | 1.12% | +169.0% |
| Saba Capital Management, L.P. | 194.48K | 1.04% | +9.2% |
| Samalin Investment Counsel, LLC | 150.36K | 0.80% | +19.6% |
| Advisors Asset Management, Inc. | 119.41K | 0.64% | +0.1% |
| RiverNorth Capital Management, LLC | 101.17K | 0.54% | -1.4% |
| Harbour Investments, Inc. | 96.45K | 0.52% | -4.4% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of PCF
| Fund | Shares | % Held |
|---|---|---|
| Invesco Exchange-Traded Fund Trust II-Invesco CEF Income Composite ETF | 288.04K | 1.54% |
| Exchange Listed Funds Trust-Saba Closed-End Funds ETF | 178.08K | 0.95% |
| RIVERNORTH OPPORTUNITIES FUND INC.-Rivernorth Opportunities Fund Inc | 101.17K | 0.54% |
| Unified Series Trust-Absolute CEF Opportunities | 5.55K | 0.03% |
| Rydex Variable Trust-Multi-Hedge Strategies Fund | 512 | 0.00% |
| Rydex Series Funds-Guggenheim Multi-Hedge Strategies Fund | 181 | 0.00% |
Frequently asked questions
Who is the largest shareholder of High Income Securities Fund?
LPL Financial LLC is the largest institutional shareholder of PCF, owning 7.69% of shares outstanding (1.44M shares) as of its latest 13F filing.
What percentage of High Income Securities Fund is owned by institutions?
Institutions own about 33.1% of PCF shares and 33.2% of the public float.
How much of High Income Securities Fund do insiders own?
Insiders, such as officers and directors, own about 0.48% of PCF shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.