BNY Mellon High Yield Strategies Fund
DHF
43 hedge funds and large institutions have $13M invested in BNY Mellon High Yield Strategies Fund in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 10 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
1.22% less ownership
Funds ownership: 6.61% → 5.39% (-1.2%)
9% less funds holding
Funds holding: 47 → 43 (-4)
14% less capital invested
Capital invested by funds: $15.1M → $13M (-$2.11M)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$143K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$95K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$56.3K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$51.6K |
| 5 |
SI
SII Investments
Appleton,
Wisconsin
|
+$32.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$955K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$759K |
| 3 |
JP Morgan Chase
New York
|
-$595K |
| 4 |
LPL Financial
San Diego,
California
|
-$309K |
| 5 |
Morgan Stanley
New York
|
-$242K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$26K | -8,223 | Closed |
|
|
AIG
52
American International Group
New York
| – | -$25K | -8,000 | Closed |
|
53
Citigroup
New York
| – | -$1K | -473 | Closed |
|
DHF Hedge Fund Activity: Q2 2016 in Review
43 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon High Yield Strategies Fund (DHF) for Q2 2016, worth a combined $13M — down 14% from $15.1M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DHF and 6 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 15 added.
The largest buyer was Wells Fargo, adding an estimated $143K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $955K sold.
- 43 institutional investors held BNY Mellon High Yield Strategies Fund (DHF) as of Q2 2016, down from 47 in Q1 2016.
- Funds reported $13M of BNY Mellon High Yield Strategies Fund stock for Q2 2016, down 14% quarter-over-quarter.
- 6 funds opened new BNY Mellon High Yield Strategies Fund positions in Q2 2016 and 10 closed out, a net change of -4 holders.
- The largest BNY Mellon High Yield Strategies Fund buyer in Q2 2016 was Wells Fargo, an estimated $143K added.
- The largest BNY Mellon High Yield Strategies Fund seller in Q2 2016 was Laurion Capital Management, an estimated $955K sold.
Based on aggregated 13F filings for Q2 2016.