PIMCO: Here's What It Owns

PIMCO is big. Scratch that, it's massive: after all it holds over $2 trillion in global securities, mostly bond-related. It is so big, in fact, it takes two pages just to list the number of funds that comprise it, let alone the securities that these funds actually own.

 

Trying to make a list of what all these funds own is impossible: after all the only hedge fund that is larger than PIMCO in the world right now, is the Fed itself, with its $4.5 trillion in AUM.

Which is a problem when trying to estimate the impact of what a possible asset-shift, if not outright liqudation of some/all of PIMCO's holdings would have. 

One thing is known - when it comes to PIMCO, the one most representative fund is its pure-play Total Return Fund. Below we show a snapshot of what it hold as of the most recent publicly reported period.

Here are just the first two letters of the alphabet.

 

 

Yet one has to start somewhere, and the somewhere probably should be with the list of the TRF's biggest holdings as a % of NAV. Here it is.

 

 

Here are the snapshot characteristics of the TRF:

 

The full Excel breakdown can be found here.

 

Here is the most recent TRF prospectus:

Finally, for anyone curious about investing in PIMCO now (good luck), here is the most recent investment highlights deck:

 

Source: PIMCO