BNY Mellon High Yield Strategies Fund
DHF
64 hedge funds and large institutions have $24.3M invested in BNY Mellon High Yield Strategies Fund in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 22 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
21% more capital invested
Capital invested by funds: $20.1M → $24.3M (+$4.18M)
5% more funds holding
Funds holding: 61 → 64 (+3)
2.52% more ownership
Funds ownership: 12.8% → 15.32% (+2.5%)
45% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.92M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.08M |
| 3 |
SCM
Saba Capital Management
New York
|
+$816K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$267K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$194K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$209K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$151K |
| 3 |
ICMP
Integrated Capital Management (Pennsylvania)
Jessup,
Pennsylvania
|
-$117K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$83.7K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$77.9K |
DHF Hedge Fund Activity: Q1 2023 in Review
64 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon High Yield Strategies Fund (DHF) for Q1 2023, worth a combined $24.3M — up 21% from $20.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DHF positions and 8 closed out — a net gain of 3 holders — while 12 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.92M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $209K sold.
- 64 institutional investors held BNY Mellon High Yield Strategies Fund (DHF) as of Q1 2023, up from 61 in Q4 2022.
- Funds reported $24.3M of BNY Mellon High Yield Strategies Fund stock for Q1 2023, up 21% quarter-over-quarter.
- 11 funds opened new BNY Mellon High Yield Strategies Fund positions in Q1 2023 and 8 closed out, a net change of +3 holders.
- The largest BNY Mellon High Yield Strategies Fund buyer in Q1 2023 was Morgan Stanley, an estimated $1.92M added.
- The largest BNY Mellon High Yield Strategies Fund seller in Q1 2023 was Robinson Capital Management, an estimated $209K sold.
Based on aggregated 13F filings for Q1 2023.