BNY Mellon High Yield Strategies Fund
DHF
51 hedge funds and large institutions have $30.6M invested in BNY Mellon High Yield Strategies Fund in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 12 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
3% more capital invested
Capital invested by funds: $29.7M → $30.6M (+$917K)
0.01% more ownership
Funds ownership: 13.62% → 13.62% (+0.01%)
6% less funds holding
Funds holding: 54 → 51 (-3)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.72M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.31M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$423K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$203K |
| 5 |
Barclays
London,
United Kingdom
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.86M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$987K |
| 3 |
OC
Oppenheimer & Co
New York
|
-$961K |
| 4 |
Millennium Management
New York
|
-$465K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$290K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OC
51
Oppenheimer & Co
New York
| – | -$961K | -320,393 | Closed |
|
|
52
Millennium Management
New York
| – | -$465K | -155,115 | Closed |
|
|
LCM
53
Landscape Capital Management
Englewood,
New Jersey
| – | -$290K | -96,766 | Closed |
|
|
QC
54
Quantedge Capital
Singapore
| – | -$131K | -43,500 | Closed |
|
55
Citadel Advisors
Miami,
Florida
| – | -$77K | -25,683 | Closed |
|
|
CAM
56
Claret Asset Management
Montreal,
Quebec, Canada
| – | -$48K | -16,000 | Closed |
|
57
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$45K | -14,900 | Closed |
|
|
CFG
58
Cooper Financial Group
Irvine,
California
| – | -$44K | -14,516 | Closed |
|
|
PWPS
59
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$8K | -2,514 | Closed |
|
|
EVM
60
Eaton Vance Management
Boston,
Massachusetts
| – | +$302 | +100 | New |
|
DHF Hedge Fund Activity: Q1 2021 in Review
51 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon High Yield Strategies Fund (DHF) for Q1 2021, worth a combined $30.6M — up 3.1% from $29.7M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of DHF and 9 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 18 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $2.72M. The largest seller was Saba Capital Management, exiting entirely with an estimated $1.86M sold.
- 51 institutional investors held BNY Mellon High Yield Strategies Fund (DHF) as of Q1 2021, down from 54 in Q4 2020.
- Funds reported $30.6M of BNY Mellon High Yield Strategies Fund stock for Q1 2021, up 3.1% quarter-over-quarter.
- 9 funds opened new BNY Mellon High Yield Strategies Fund positions in Q1 2021 and 12 closed out, a net change of -3 holders.
- The largest BNY Mellon High Yield Strategies Fund buyer in Q1 2021 was Parametric Portfolio Associates, an estimated $2.72M added.
- The largest BNY Mellon High Yield Strategies Fund seller in Q1 2021 was Saba Capital Management, an estimated $1.86M sold.
Based on aggregated 13F filings for Q1 2021.