BNY Mellon High Yield Strategies Fund
DHF
46 hedge funds and large institutions have $18.4M invested in BNY Mellon High Yield Strategies Fund in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 8 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
3.36% more ownership
Funds ownership: 7.79% → 11.15% (+3.4%)
5% more capital invested
Capital invested by funds: $17.6M → $18.4M (+$848K)
8% less funds holding
Funds holding: 50 → 46 (-4)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.18M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.01M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$681K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$338K |
| 5 |
PCM
Price Capital Management
Lafayette,
Louisiana
|
+$305K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$633K |
| 2 |
OC
Oppenheimer & Co
New York
|
-$214K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$190K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$174K |
| 5 |
Morgan Stanley
New York
|
-$133K |
DHF Hedge Fund Activity: Q1 2020 in Review
46 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon High Yield Strategies Fund (DHF) for Q1 2020, worth a combined $18.4M — up 4.8% from $17.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DHF and 6 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 15 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $4.18M. The largest seller was Wolverine Asset Management, cutting an estimated $633K.
- 46 institutional investors held BNY Mellon High Yield Strategies Fund (DHF) as of Q1 2020, down from 50 in Q4 2019.
- Funds reported $18.4M of BNY Mellon High Yield Strategies Fund stock for Q1 2020, up 4.8% quarter-over-quarter.
- 6 funds opened new BNY Mellon High Yield Strategies Fund positions in Q1 2020 and 8 closed out, a net change of -2 holders.
- The largest BNY Mellon High Yield Strategies Fund buyer in Q1 2020 was Saba Capital Management, an estimated $4.18M added.
- The largest BNY Mellon High Yield Strategies Fund seller in Q1 2020 was Wolverine Asset Management, an estimated $633K sold.
Based on aggregated 13F filings for Q1 2020.