Barings Global Short Duration High Yield Fund
BGH
36 hedge funds and large institutions have $49M invested in Barings Global Short Duration High Yield Fund in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 6 reducing their positions, and 10 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 6
2.85% more ownership
Funds ownership: 12.49% → 15.34% (+2.8%)
3% less funds holding
Funds holding: 37 → 36 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
15% less capital invested
Capital invested by funds: $57.5M → $49M (-$8.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMU
Cheyne Capital Management (UK)
London,
United Kingdom
|
+$23.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.05M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$848K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$629K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$610K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$9.53M |
| 2 |
SG Americas Securities
New York
|
-$1.68M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.13M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$660K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$445K |
BGH Hedge Fund Activity: Q1 2015 in Review
36 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Barings Global Short Duration High Yield Fund (BGH) for Q1 2015, worth a combined $49M — down 15% from $57.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BGH and 9 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 16 added.
The largest buyer was Cheyne Capital Management (UK), opening a new position worth an estimated $23.1M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $9.53M sold.
- 36 institutional investors held Barings Global Short Duration High Yield Fund (BGH) as of Q1 2015, down from 37 in Q4 2014.
- Funds reported $49M of Barings Global Short Duration High Yield Fund stock for Q1 2015, down 15% quarter-over-quarter.
- 9 funds opened new Barings Global Short Duration High Yield Fund positions in Q1 2015 and 10 closed out, a net change of -1 holder.
- The largest Barings Global Short Duration High Yield Fund buyer in Q1 2015 was Cheyne Capital Management (UK), an estimated $23.1M added.
- The largest Barings Global Short Duration High Yield Fund seller in Q1 2015 was Rivernorth Capital Management, an estimated $9.53M sold.
Based on aggregated 13F filings for Q1 2015.