Barings Global Short Duration High Yield Fund
BGH
30 hedge funds and large institutions have $61M invested in Barings Global Short Duration High Yield Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 7 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
5% more capital invested
Capital invested by funds: $57.9M → $61M (+$3.14M)
1.9% more ownership
Funds ownership: 12.86% → 14.76% (+1.9%)
9% less funds holding
Funds holding: 33 → 30 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
+$6.95M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.68M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.38M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$507K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$457K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$3.47M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$829K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$453K |
| 4 |
Millennium Management
New York
|
-$453K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$292K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
26
Winslow Evans & Crocker
Boston,
Massachusetts
| $13.5K | -$8.16K | -404 | -38% |
|
|
IWM
27
IHT Wealth Management
Chicago,
Illinois
| $10K | +$9.72K | +481 | New |
|
|
PCM
28
Penserra Capital Management
Orinda,
California
| $5K | -$5.27K | -261 | -50% |
|
|
ASN
29
Advisory Services Network
Atlanta,
Georgia
| $1K | +$40 | +2 | +4% |
|
|
LCM
30
Laurion Capital Management
New York
| – | -$829K | -41,895 | Closed |
|
|
CCP
31
Clough Capital Partners
Boston,
Massachusetts
| – | -$453K | -22,900 | Closed |
|
|
32
Millennium Management
New York
| – | -$453K | -22,892 | Closed |
|
|
RCM
33
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$207K | -10,476 | Closed |
|
34
Citigroup
New York
| – | -$124K | -6,282 | Closed |
|
35
Creative Planning
Overland Park,
Kansas
| – | -$24K | -1,201 | Closed |
|
|
NA
36
NewEdge Advisors
New Orleans,
Louisiana
| – | -$14.2K | -718 | Closed |
|
37
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$20 | +1 | New |
|
BGH Hedge Fund Activity: Q3 2017 in Review
30 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Barings Global Short Duration High Yield Fund (BGH) for Q3 2017, worth a combined $61M — up 5.4% from $57.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BGH and 4 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 14 added.
The largest buyer was TSP Capital Management Group, opening a new position worth an estimated $6.95M. The largest seller was Bessemer Group, cutting an estimated $3.47M.
- 30 institutional investors held Barings Global Short Duration High Yield Fund (BGH) as of Q3 2017, down from 33 in Q2 2017.
- Funds reported $61M of Barings Global Short Duration High Yield Fund stock for Q3 2017, up 5.4% quarter-over-quarter.
- 4 funds opened new Barings Global Short Duration High Yield Fund positions in Q3 2017 and 7 closed out, a net change of -3 holders.
- The largest Barings Global Short Duration High Yield Fund buyer in Q3 2017 was TSP Capital Management Group, an estimated $6.95M added.
- The largest Barings Global Short Duration High Yield Fund seller in Q3 2017 was Bessemer Group, an estimated $3.47M sold.
Based on aggregated 13F filings for Q3 2017.