BNY Mellon High Yield Strategies Fund
DHF
63 hedge funds and large institutions have $36.3M invested in BNY Mellon High Yield Strategies Fund in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
20% more capital invested
Capital invested by funds: $30.3M → $36.3M (+$5.97M)
7% more funds holding
Funds holding: 59 → 63 (+4)
4.54% more ownership
Funds ownership: 18.76% → 23.3% (+4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.12M |
| 2 |
Morgan Stanley
New York
|
+$2.8M |
| 3 |
API
Advisor Partners II
Walnut Creek,
California
|
+$1.76M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$389K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$610K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$365K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$258K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$92.3K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$88.9K |
DHF Hedge Fund Activity: Q3 2023 in Review
63 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon High Yield Strategies Fund (DHF) for Q3 2023, worth a combined $36.3M — up 20% from $30.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DHF positions and 4 closed out — a net gain of 4 holders — while 22 added to existing stakes and 16 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $3.12M. The largest seller was Wolverine Asset Management, cutting an estimated $610K.
- 63 institutional investors held BNY Mellon High Yield Strategies Fund (DHF) as of Q3 2023, up from 59 in Q2 2023.
- Funds reported $36.3M of BNY Mellon High Yield Strategies Fund stock for Q3 2023, up 20% quarter-over-quarter.
- 8 funds opened new BNY Mellon High Yield Strategies Fund positions in Q3 2023 and 4 closed out, a net change of +4 holders.
- The largest BNY Mellon High Yield Strategies Fund buyer in Q3 2023 was Saba Capital Management, an estimated $3.12M added.
- The largest BNY Mellon High Yield Strategies Fund seller in Q3 2023 was Wolverine Asset Management, an estimated $610K sold.
Based on aggregated 13F filings for Q3 2023.