BNY Mellon High Yield Strategies Fund
DHF
48 hedge funds and large institutions have $16.6M invested in BNY Mellon High Yield Strategies Fund in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 9 reducing their positions, and 10 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 9
1.81% less ownership
Funds ownership: 8.31% → 6.5% (-1.8%)
4% less funds holding
Funds holding: 50 → 48 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
18% less capital invested
Capital invested by funds: $20.3M → $16.6M (-$3.75M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$195K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$187K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$113K |
| 4 |
IH
IFC Holdings
Tampa,
Florida
|
+$74.1K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$63.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.94M |
| 2 |
Citigroup
New York
|
-$717K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$653K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$576K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$440K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
LPL Financial
San Diego,
California
| – | -$304K | -89,204 | Closed |
|
|
LCM
52
Laurion Capital Management
New York
| – | -$150K | -44,391 | Closed |
|
|
CRC
53
Curi RMB Capital
Chicago,
Illinois
| – | -$124K | -36,573 | Closed |
|
54
SG Americas Securities
New York
| – | -$74K | -21,955 | Closed |
|
55
KeyBank National Association
Cleveland,
Ohio
| – | -$41K | -12,000 | Closed |
|
56
Millennium Management
New York
| – | -$39K | -11,543 | Closed |
|
|
AAM
57
Advisors Asset Management
Monument,
Colorado
| – | -$28K | -8,147 | Closed |
|
|
BKA
58
Brick & Kyle Associates
Newtown,
Pennsylvania
| – | -$8K | -2,250 | Closed |
|
DHF Hedge Fund Activity: Q2 2017 in Review
48 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon High Yield Strategies Fund (DHF) for Q2 2017, worth a combined $16.6M — down 18% from $20.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DHF and 9 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 19 added.
The largest buyer was JP Morgan Chase, adding an estimated $195K. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.94M sold.
- 48 institutional investors held BNY Mellon High Yield Strategies Fund (DHF) as of Q2 2017, down from 50 in Q1 2017.
- Funds reported $16.6M of BNY Mellon High Yield Strategies Fund stock for Q2 2017, down 18% quarter-over-quarter.
- 9 funds opened new BNY Mellon High Yield Strategies Fund positions in Q2 2017 and 10 closed out, a net change of -1 holder.
- The largest BNY Mellon High Yield Strategies Fund buyer in Q2 2017 was JP Morgan Chase, an estimated $195K added.
- The largest BNY Mellon High Yield Strategies Fund seller in Q2 2017 was Shaker Financial Services, an estimated $1.94M sold.
Based on aggregated 13F filings for Q2 2017.