BNY Mellon High Yield Strategies Fund
DHF
47 hedge funds and large institutions have $15.1M invested in BNY Mellon High Yield Strategies Fund in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 12 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
1% more capital invested
Capital invested by funds: $14.9M → $15.1M (+$135K)
0.07% less ownership
Funds ownership: 6.68% → 6.61% (-0.07%)
10% less funds holding
Funds holding: 52 → 47 (-5)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$946K |
| 2 |
LCM
Laurion Capital Management
New York
|
+$902K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$265K |
| 4 |
JP Morgan Chase
New York
|
+$149K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$86K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$812K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$597K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$510K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$241K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$214K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Weiss Asset Management
Boston,
Massachusetts
| – | -$214K | -69,432 | Closed |
|
|
LCM
52
Landscape Capital Management
Englewood,
New Jersey
| – | -$169K | -54,890 | Closed |
|
53
Squarepoint
New York
| – | -$112K | -36,300 | Closed |
|
54
SG Americas Securities
New York
| – | -$101K | -32,684 | Closed |
|
|
IA
55
IFP Advisors
Tampa,
Florida
| – | -$18K | -5,750 | Closed |
|
|
FWM
56
Focused Wealth Management
Newburgh,
New York
| – | -$3K | -920 | Closed |
|
|
AWMS
57
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$1K | -450 | Closed |
|
DHF Hedge Fund Activity: Q1 2016 in Review
47 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon High Yield Strategies Fund (DHF) for Q1 2016, worth a combined $15.1M — up 0.91% from $14.9M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of DHF and 7 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 17 added.
The largest buyer was Wells Fargo, adding an estimated $946K. The largest seller was Credit Suisse, exiting entirely with an estimated $812K sold.
- 47 institutional investors held BNY Mellon High Yield Strategies Fund (DHF) as of Q1 2016, down from 52 in Q4 2015.
- Funds reported $15.1M of BNY Mellon High Yield Strategies Fund stock for Q1 2016, up 0.91% quarter-over-quarter.
- 7 funds opened new BNY Mellon High Yield Strategies Fund positions in Q1 2016 and 12 closed out, a net change of -5 holders.
- The largest BNY Mellon High Yield Strategies Fund buyer in Q1 2016 was Wells Fargo, an estimated $946K added.
- The largest BNY Mellon High Yield Strategies Fund seller in Q1 2016 was Credit Suisse, an estimated $812K sold.
Based on aggregated 13F filings for Q1 2016.