BNY Mellon High Yield Strategies Fund
DHF
49 hedge funds and large institutions have $23.3M invested in BNY Mellon High Yield Strategies Fund in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 9 reducing their positions, and 10 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 9
4% less funds holding
Funds holding: 51 → 49 (-2)
4.85% less ownership
Funds ownership: 13.62% → 8.77% (-4.9%)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
24% less capital invested
Capital invested by funds: $30.6M → $23.3M (-$7.33M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$207K |
| 2 |
NFG
Next Financial Group
Houston,
Texas
|
+$200K |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$172K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$153K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$130K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.97M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.71M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.4M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
51
FNY Investment Advisers
New York
| – | -$216K | -70,014 | Closed |
|
|
MHS
52
M Holdings Securities
Portland,
Oregon
| – | -$38K | -12,225 | Closed |
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$33K | -10,812 | Closed |
|
|
SFS
54
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$34K | -10,614 | Closed |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| – | -$1K | -400 | Closed |
|
56
Fidelity Investments
Boston,
Massachusetts
| – | +$3 | +1 | New |
|
DHF Hedge Fund Activity: Q2 2021 in Review
49 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon High Yield Strategies Fund (DHF) for Q2 2021, worth a combined $23.3M — down 24% from $30.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DHF and 8 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 18 added.
The largest buyer was Truist Financial, opening a new position worth an estimated $207K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $5M sold.
- 49 institutional investors held BNY Mellon High Yield Strategies Fund (DHF) as of Q2 2021, down from 51 in Q1 2021.
- Funds reported $23.3M of BNY Mellon High Yield Strategies Fund stock for Q2 2021, down 24% quarter-over-quarter.
- 8 funds opened new BNY Mellon High Yield Strategies Fund positions in Q2 2021 and 10 closed out, a net change of -2 holders.
- The largest BNY Mellon High Yield Strategies Fund buyer in Q2 2021 was Truist Financial, an estimated $207K added.
- The largest BNY Mellon High Yield Strategies Fund seller in Q2 2021 was Rivernorth Capital Management, an estimated $5M sold.
Based on aggregated 13F filings for Q2 2021.