BNY Mellon High Yield Strategies Fund
DHF
61 hedge funds and large institutions have $20.1M invested in BNY Mellon High Yield Strategies Fund in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 9 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
1.84% less ownership
Funds ownership: 14.65% → 12.8% (-1.8%)
6% less funds holding
Funds holding: 65 → 61 (-4)
10% less capital invested
Capital invested by funds: $22.5M → $20.1M (-$2.35M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.14M |
| 2 |
SCM
Saba Capital Management
New York
|
+$188K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$161K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$87.7K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$40.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$850K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$674K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$569K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$540K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$433K |
DHF Hedge Fund Activity: Q4 2022 in Review
61 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon High Yield Strategies Fund (DHF) for Q4 2022, worth a combined $20.1M — down 10% from $22.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DHF and 6 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 18 added.
The largest buyer was Bank of America, adding an estimated $1.14M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $850K sold.
- 61 institutional investors held BNY Mellon High Yield Strategies Fund (DHF) as of Q4 2022, down from 65 in Q3 2022.
- Funds reported $20.1M of BNY Mellon High Yield Strategies Fund stock for Q4 2022, down 10% quarter-over-quarter.
- 6 funds opened new BNY Mellon High Yield Strategies Fund positions in Q4 2022 and 9 closed out, a net change of -3 holders.
- The largest BNY Mellon High Yield Strategies Fund buyer in Q4 2022 was Bank of America, an estimated $1.14M added.
- The largest BNY Mellon High Yield Strategies Fund seller in Q4 2022 was Wolverine Asset Management, an estimated $850K sold.
Based on aggregated 13F filings for Q4 2022.