Credit Suisse High Yield Credit Fund
DHY
31 hedge funds and large institutions have $8.49M invested in Credit Suisse High Yield Credit Fund in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 4 closing their positions.
0.07% more ownership
Funds ownership: 2.73% → 2.8% (+0.07%)
2% less capital invested
Capital invested by funds: $8.7M → $8.49M (-$214K)
6% less funds holding
Funds holding: 33 → 31 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$475K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$434K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$52.9K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$37.8K |
| 5 |
AAM
American Asset Management
Boca Raton,
Florida
|
+$3.18K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$190K |
| 2 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$182K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$85K |
| 4 |
Morgan Stanley
New York
|
-$79.1K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$65.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $6K | – | – | – |
|
|
NFG
27
Next Financial Group
Houston,
Texas
| $6K | – | – | – |
|
|
HCM
28
Highlander Capital Management
Short Hills,
New Jersey
| $4.63K | – | – | – |
|
|
AAM
29
American Asset Management
Boca Raton,
Florida
| $3K | +$3.18K | +1,000 | New |
|
|
BRWM
30
B. Riley Wealth Management
Memphis,
Tennessee
| $1K | – | – | – |
|
|
WAS
31
Winch Advisory Services
Appleton,
Wisconsin
| $1K | – | – | – |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$85K | -26,206 | Closed |
|
|
HCMT
33
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$51K | -15,575 | Closed |
|
|
NES
34
New England Securities
New York
| – | -$16K | -5,009 | Closed |
|
|
BRWA
35
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$6.5K | -2,000 | Closed |
|
DHY Hedge Fund Activity: Q3 2014 in Review
31 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse High Yield Credit Fund (DHY) for Q3 2014, worth a combined $8.49M — down 2.5% from $8.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DHY and 2 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 5 added.
The largest buyer was LPL Financial, adding an estimated $475K. The largest seller was Credit Suisse, cutting an estimated $190K.
- 31 institutional investors held Credit Suisse High Yield Credit Fund (DHY) as of Q3 2014, down from 33 in Q2 2014.
- Funds reported $8.49M of Credit Suisse High Yield Credit Fund stock for Q3 2014, down 2.5% quarter-over-quarter.
- 2 funds opened new Credit Suisse High Yield Credit Fund positions in Q3 2014 and 4 closed out, a net change of -2 holders.
- The largest Credit Suisse High Yield Credit Fund buyer in Q3 2014 was LPL Financial, an estimated $475K added.
- The largest Credit Suisse High Yield Credit Fund seller in Q3 2014 was Credit Suisse, an estimated $190K sold.
Based on aggregated 13F filings for Q3 2014.