BNY Mellon High Yield Strategies Fund
DHF
59 hedge funds and large institutions have $30.3M invested in BNY Mellon High Yield Strategies Fund in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 9 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
26% more capital invested
Capital invested by funds: $24.1M → $30.3M (+$6.22M)
3.44% more ownership
Funds ownership: 15.32% → 18.76% (+3.4%)
8% less funds holding
Funds holding: 64 → 59 (-5)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.76M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.63M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$150K |
| 4 |
ICMP
Integrated Capital Management (Pennsylvania)
Jessup,
Pennsylvania
|
+$123K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$97.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$111K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$94.3K |
| 3 |
JP Morgan Chase
New York
|
-$61.6K |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$54.3K |
| 5 |
CFA
Capstone Financial Advisors
Downers Grove,
Illinois
|
-$36.9K |
DHF Hedge Fund Activity: Q2 2023 in Review
59 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon High Yield Strategies Fund (DHF) for Q2 2023, worth a combined $30.3M — up 26% from $24.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DHF and 5 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 18 added.
The largest buyer was Morgan Stanley, adding an estimated $3.76M. The largest seller was Sowell Financial Services, exiting entirely with an estimated $111K sold.
- 59 institutional investors held BNY Mellon High Yield Strategies Fund (DHF) as of Q2 2023, down from 64 in Q1 2023.
- Funds reported $30.3M of BNY Mellon High Yield Strategies Fund stock for Q2 2023, up 26% quarter-over-quarter.
- 5 funds opened new BNY Mellon High Yield Strategies Fund positions in Q2 2023 and 9 closed out, a net change of -4 holders.
- The largest BNY Mellon High Yield Strategies Fund buyer in Q2 2023 was Morgan Stanley, an estimated $3.76M added.
- The largest BNY Mellon High Yield Strategies Fund seller in Q2 2023 was Sowell Financial Services, an estimated $111K sold.
Based on aggregated 13F filings for Q2 2023.