Credit Suisse High Yield Credit Fund
DHY
27 hedge funds and large institutions have $6.1M invested in Credit Suisse High Yield Credit Fund in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 4 closing their positions.
1% more capital invested
Capital invested by funds: $6.05M → $6.1M (+$50.1K)
0% more ownership
Funds ownership: 2.03% → 2.03% (+0%)
7% less funds holding
Funds holding: 29 → 27 (-2)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$605K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$209K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$128K |
| 4 |
LPL Financial
San Diego,
California
|
+$48.9K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$37.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$394K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$328K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$90K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$53.5K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$52K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
26
Highlander Capital Management
Short Hills,
New Jersey
| $4.61K | – | – | – |
|
|
27
Ameriprise
Minneapolis,
Minnesota
| – | -$328K | -107,451 | Closed |
|
|
FAAS
28
First Allied Advisory Services
San Diego,
California
| – | -$90K | -28,528 | Closed |
|
|
VKH
29
Virtu KCG Holdings
New York
| – | -$52K | -16,896 | Closed |
|
|
RFC
30
Regions Financial Corp
Birmingham,
Alabama
| – | -$45K | -14,600 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$1.91K | -614 | -86% |
|
DHY Hedge Fund Activity: Q4 2013 in Review
27 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse High Yield Credit Fund (DHY) for Q4 2013, worth a combined $6.1M — up 0.83% from $6.05M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DHY and 2 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 7 added.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $605K. The largest seller was Morgan Stanley, cutting an estimated $394K.
- 27 institutional investors held Credit Suisse High Yield Credit Fund (DHY) as of Q4 2013, down from 29 in Q3 2013.
- Funds reported $6.1M of Credit Suisse High Yield Credit Fund stock for Q4 2013, up 0.83% quarter-over-quarter.
- 2 funds opened new Credit Suisse High Yield Credit Fund positions in Q4 2013 and 4 closed out, a net change of -2 holders.
- The largest Credit Suisse High Yield Credit Fund buyer in Q4 2013 was SG Americas Securities, an estimated $605K added.
- The largest Credit Suisse High Yield Credit Fund seller in Q4 2013 was Morgan Stanley, an estimated $394K sold.
Based on aggregated 13F filings for Q4 2013.