Allianz Fund Investments, Inc.

Filings by Allianz Fund Investments, Inc. span 4 companies, the busiest being PIMCO Flexible Credit Income Fund, PIMCO Flexible Real Estate Income Fund and PIMCO California Flexible Municipal Income Fund. Between 5 November 2021 and 16 December 2022, the trades on record add up to 8 filings.

On the open market, the record shows 3 purchases worth €52.0M and 5 sales worth €50k. The net balance comes to €51.9M on the buying side. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Since January 2022: 3 purchases and 1 sale on the market.

In size, the median ticket on the buying side is €14.3M. On 2 out of 3 purchases, another insider of the same company was buying within the same 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase.

The latest filing, published on 20 December 2022, reports an open-market purchase of €14.1M in PIMCO Flexible Real Estate Income Fund. Typically, a trade is published a median of 3 days after it takes place. For comparison, the SEC allows two business days to file a Form 4. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.