BNY Mellon High Yield Strategies Fund
DHF
48 hedge funds and large institutions have $19.7M invested in BNY Mellon High Yield Strategies Fund in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 5 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
7% more capital invested
Capital invested by funds: $18.4M → $19.7M (+$1.26M)
4% more funds holding
Funds holding: 46 → 48 (+2)
0.59% less ownership
Funds ownership: 11.15% → 10.56% (-0.59%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.18M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$796K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$280K |
| 4 |
LPL Financial
San Diego,
California
|
+$256K |
| 5 |
Millennium Management
New York
|
+$238K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$2.59M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$541K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$502K |
| 4 |
PCM
Price Capital Management
Lafayette,
Louisiana
|
-$240K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$229K |
DHF Hedge Fund Activity: Q2 2020 in Review
48 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon High Yield Strategies Fund (DHF) for Q2 2020, worth a combined $19.7M — up 6.8% from $18.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DHF positions and 5 closed out — a net gain of 2 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was Landscape Capital Management, adding an estimated $1.18M. The largest seller was Saba Capital Management, cutting an estimated $2.59M.
- 48 institutional investors held BNY Mellon High Yield Strategies Fund (DHF) as of Q2 2020, up from 46 in Q1 2020.
- Funds reported $19.7M of BNY Mellon High Yield Strategies Fund stock for Q2 2020, up 6.8% quarter-over-quarter.
- 7 funds opened new BNY Mellon High Yield Strategies Fund positions in Q2 2020 and 5 closed out, a net change of +2 holders.
- The largest BNY Mellon High Yield Strategies Fund buyer in Q2 2020 was Landscape Capital Management, an estimated $1.18M added.
- The largest BNY Mellon High Yield Strategies Fund seller in Q2 2020 was Saba Capital Management, an estimated $2.59M sold.
Based on aggregated 13F filings for Q2 2020.