BNY Mellon High Yield Strategies Fund
DHF
54 hedge funds and large institutions have $29.7M invested in BNY Mellon High Yield Strategies Fund in 2020 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
25% more capital invested
Capital invested by funds: $23.7M → $29.7M (+$6M)
17% more funds holding
Funds holding: 46 → 54 (+8)
1.42% more ownership
Funds ownership: 12.2% → 13.62% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.69M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$458K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$355K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$276K |
| 5 |
FIA
FNY Investment Advisers
New York
|
+$96.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$2.1M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$453K |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$305K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$192K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$115K |
DHF Hedge Fund Activity: Q4 2020 in Review
54 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon High Yield Strategies Fund (DHF) for Q4 2020, worth a combined $29.7M — up 25% from $23.7M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DHF positions and 4 closed out — a net gain of 9 holders — while 17 added to existing stakes and 10 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $4.69M. The largest seller was Saba Capital Management, cutting an estimated $2.1M.
- 54 institutional investors held BNY Mellon High Yield Strategies Fund (DHF) as of Q4 2020, up from 46 in Q3 2020.
- Funds reported $29.7M of BNY Mellon High Yield Strategies Fund stock for Q4 2020, up 25% quarter-over-quarter.
- 13 funds opened new BNY Mellon High Yield Strategies Fund positions in Q4 2020 and 4 closed out, a net change of +9 holders.
- The largest BNY Mellon High Yield Strategies Fund buyer in Q4 2020 was Rivernorth Capital Management, an estimated $4.69M added.
- The largest BNY Mellon High Yield Strategies Fund seller in Q4 2020 was Saba Capital Management, an estimated $2.1M sold.
Based on aggregated 13F filings for Q4 2020.