High Income Securities Fund
High Income Securities Fund (PCF) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · PCF · as of Dec 31, 2021
Ownership Breakdown
36
Institutional Holders
▲ 10 vs Q3
$44.07M
Total Inst. Value
▲ $38.41M vs Q3
18.72M
Shares Outstanding
freeFloat 99.41%
5.09M
13F Shares Held
▲ 4.45M vs Q3
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
PCF largest shareholders · institutional ownership
Q4 2021 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
CETERA INVESTMENT ADVISERS | 1.05M | 5.99% | 5.99% | $9.08B | Feb 14, 2022 | ▲ 1.05M |
SIT INVESTMENT ASSOCIATES INC | 992.6K | 5.66% | 5.66% | $8.59B | Feb 11, 2022 | NEW |
THOMAS J. HERZFELD ADVISORS, INC. | 822.0K | 4.69% | 4.69% | $7.11B | Feb 14, 2022 | ▲ 811.1K |
BULLDOG INVESTORS, LLP | 481.1K | 2.74% | 2.74% | $4.16B | Feb 11, 2022 | ▲ 481.1K |
RIVERNORTH CAPITAL MANAGEMENT, LLC | 442.6K | 2.52% | 2.52% | $3.83B | Feb 14, 2022 | NEW |
YAKIRA CAPITAL MANAGEMENT, INC. | 248.9K | 1.42% | 1.42% | $2.15B | Feb 9, 2022 | NEW |
ENVESTNET ASSET MANAGEMENT INC | 184.5K | 1.05% | 1.05% | $1.60B | Feb 4, 2022 | NEW |
NEWEDGE ADVISORS, LLC | 119.7K | 68.28% | 68.28% | $1.03B | Feb 17, 2022 | NEW |
BAIRD FINANCIAL GROUP, INC. | 116.5K | 66.46% | 66.46% | $1.01B | Feb 9, 2022 | ▲ 3.3K |
WELLS FARGO & COMPANY/MN | 111.7K | 63.74% | 63.74% | $967.00M | Feb 14, 2022 | ▲ 59.3K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q4 2021 vs prior quarter
Q4 2021
15
Increased
+2.48M shares14
New Positions
first time holders1
Decreased
−16.8K shares5
Sold Out
fully exitedNet shares change (top 50)
+2.46M
+2.48M / −16.8K
Net new holders
+23
14 new / 5 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
PCF insider trading · insider activity
Source: SEC Form 4
Insiders have been net buyers of shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
2
Buy transactions
0
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
GOLDSTEIN PHILLIP Affiliate of the Adviser | Apr 8, 2026 | Purchase | 600 | $5.53 | $3.3K | 47.0K | Form 4 ↗ |
GOLDSTEIN PHILLIP Affiliate of the Adviser | Apr 7, 2026 | Purchase | 5,088 | $5.45 | $27.7K | 46.4K | Form 4 ↗ |
GOLDSTEIN PHILLIP Affiliate of the Adviser | Mar 18, 2026 | Purchase | 17,905 | $5.46 | $97.8K | 41.4K | Form 4 ↗ |
GOLDSTEIN PHILLIP Affiliate of the Adviser | Feb 3, 2026 | Purchase | 10,000 | $6.05 | $60.5K | 23.4K | Form 4 ↗ |
GOLDSTEIN PHILLIP Affiliate of the Adviser | Feb 2, 2026 | Purchase | 7,514 | $6.05 | $45.5K | 13.4K | Form 4 ↗ |
Das Rajeev P Affiliate of the Adviser | Jan 16, 2026 | Purchase | 1,628 | $6.15 | $10.0K | 1.6K | Form 4 ↗ |
Das Rajeev P Affiliate of the Adviser | Jan 16, 2026 | Purchase | 1,628 | $6.14 | $10.0K | 1.6K | Form 4 ↗ |
GOLDSTEIN PHILLIP director | Dec 18, 2025 | Purchase | 2,500 | $5.99 | $15.0K | 5.9K | Form 4 ↗ |
GOLDSTEIN PHILLIP director | Dec 17, 2025 | Purchase | 800 | $6.03 | $4.8K | 3.4K | Form 4 ↗ |
GOLDSTEIN PHILLIP director | Dec 16, 2025 | Purchase | 2,487 | $6.04 | $15.0K | 2.6K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
High Income Securities Fund (PCF) is primarily owned by institutional investors, who hold approximately 27.2% of total shares outstanding. Company insiders own approximately 0.59%, while retail and public investors account for the remaining 72.19%.
The largest institutional shareholder of High Income Securities Fund is CETERA INVESTMENT ADVISERS, holding approximately 1.05 million shares — equal to 5.99% of outstanding shares — as of December 31, 2021.
A total of 36 institutional investors currently hold PCF stock, with a combined institutional value of approximately $44,066,104 as of the most recent 13F filing period.
Frequently asked questions
PCF ownershipHigh Income Securities Fund (PCF) is primarily owned by institutional investors, who hold approximately 27.2% of shares. The largest shareholder is CETERA INVESTMENT ADVISERS with a 5.99% stake. Company insiders hold 0.59%. Data sourced from SEC Form 13F as of December 31, 2021.