BNY Mellon High Yield Strategies Fund
DHF
47 hedge funds and large institutions have $17M invested in BNY Mellon High Yield Strategies Fund in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 3 reducing their positions, and 7 closing their positions.
467% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 3
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
3% more capital invested
Capital invested by funds: $16.6M → $17M (+$465K)
0.14% more ownership
Funds ownership: 6.5% → 6.65% (+0.14%)
2% less funds holding
Funds holding: 48 → 47 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$421K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$260K |
| 3 |
JP Morgan Chase
New York
|
+$145K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$102K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$85.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$222K |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$183K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$125K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$72.1K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$59.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citadel Advisors
Miami,
Florida
| – | -$57K | -16,211 | Closed |
|
|
WAM
52
Weiss Asset Management
Boston,
Massachusetts
| – | -$49K | -13,951 | Closed |
|
53
Creative Planning
Overland Park,
Kansas
| – | -$30K | -8,476 | Closed |
|
|
DADC
54
D.A. Davidson & Co
Great Falls,
Montana
| – | -$11K | -3,284 | Closed |
|
DHF Hedge Fund Activity: Q3 2017 in Review
47 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon High Yield Strategies Fund (DHF) for Q3 2017, worth a combined $17M — up 2.8% from $16.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DHF positions and 7 closed out — a net gain of 1 holder — while 17 added to existing stakes and 3 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $421K. The largest seller was Investment Centers of America, exiting entirely with an estimated $222K sold.
- 47 institutional investors held BNY Mellon High Yield Strategies Fund (DHF) as of Q3 2017, down from 48 in Q2 2017.
- Funds reported $17M of BNY Mellon High Yield Strategies Fund stock for Q3 2017, up 2.8% quarter-over-quarter.
- 8 funds opened new BNY Mellon High Yield Strategies Fund positions in Q3 2017 and 7 closed out, a net change of +1 holder.
- The largest BNY Mellon High Yield Strategies Fund buyer in Q3 2017 was Sit Investment Associates, an estimated $421K added.
- The largest BNY Mellon High Yield Strategies Fund seller in Q3 2017 was Investment Centers of America, an estimated $222K sold.
Based on aggregated 13F filings for Q3 2017.