Credit Suisse High Yield Credit Fund
DHY
30 hedge funds and large institutions have $7.11M invested in Credit Suisse High Yield Credit Fund in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
17% more capital invested
Capital invested by funds: $6.1M → $7.11M (+$1.02M)
11% more funds holding
Funds holding: 27 → 30 (+3)
0.25% more ownership
Funds ownership: 2.03% → 2.28% (+0.25%)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$334K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$322K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$318K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$287K |
| 5 |
AIG
American International Group
New York
|
+$282K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$595K |
| 2 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$157K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$132K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$37K |
| 5 |
IH
IFC Holdings
Tampa,
Florida
|
-$36.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Envestnet Asset Management
Chicago,
Illinois
| $14K | -$9.04K | -2,864 | -40% |
|
27
Citigroup
New York
| $6K | -$8.52K | -2,700 | -60% |
|
|
HCM
28
Highlander Capital Management
Short Hills,
New Jersey
| $4.79K | – | – | – |
|
|
WAS
29
Winch Advisory Services
Appleton,
Wisconsin
| $1K | +$1.14K | +360 | New |
|
|
BRWM
30
B. Riley Wealth Management
Memphis,
Tennessee
| $1K | +$1.42K | +450 | New |
|
|
31
SG Americas Securities
New York
| – | -$595K | -193,933 | Closed |
|
|
CAN
32
Cetera Advisor Networks
El Segundo,
California
| – | -$37K | -11,888 | Closed |
|
33
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$9K | -2,906 | Closed |
|
DHY Hedge Fund Activity: Q1 2014 in Review
30 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse High Yield Credit Fund (DHY) for Q1 2014, worth a combined $7.11M — up 17% from $6.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DHY positions and 4 closed out — a net gain of 3 holders — while 9 added to existing stakes and 9 trimmed.
The largest buyer was LPL Financial, adding an estimated $334K. The largest seller was SG Americas Securities, exiting entirely with an estimated $595K sold.
- 30 institutional investors held Credit Suisse High Yield Credit Fund (DHY) as of Q1 2014, up from 27 in Q4 2013.
- Funds reported $7.11M of Credit Suisse High Yield Credit Fund stock for Q1 2014, up 17% quarter-over-quarter.
- 7 funds opened new Credit Suisse High Yield Credit Fund positions in Q1 2014 and 4 closed out, a net change of +3 holders.
- The largest Credit Suisse High Yield Credit Fund buyer in Q1 2014 was LPL Financial, an estimated $334K added.
- The largest Credit Suisse High Yield Credit Fund seller in Q1 2014 was SG Americas Securities, an estimated $595K sold.
Based on aggregated 13F filings for Q1 2014.