Credit Suisse High Yield Credit Fund
DHY
44 hedge funds and large institutions have $11.1M invested in Credit Suisse High Yield Credit Fund in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 6 reducing their positions, and 10 closing their positions.
183% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 6
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
2% more funds holding
Funds holding: 43 → 44 (+1)
0.66% less ownership
Funds ownership: 4.45% → 3.79% (-0.66%)
13% less capital invested
Capital invested by funds: $12.8M → $11.1M (-$1.72M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
+$205K |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$82K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$77.1K |
| 4 |
Morgan Stanley
New York
|
+$77K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$64.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.96M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$161K |
| 3 |
VF
Virtu Financial
New York
|
-$139K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$65.5K |
| 5 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$38K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citadel Advisors
Miami,
Florida
| – | -$33K | -11,577 | Closed |
|
|
IA
52
IFP Advisors
Tampa,
Florida
| – | -$27K | -9,220 | Closed |
|
|
WAP
53
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$5K | -1,881 | Closed |
|
|
PCM
54
Penserra Capital Management
Orinda,
California
| – | -$3K | -1,320 | Closed |
|
DHY Hedge Fund Activity: Q4 2017 in Review
44 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse High Yield Credit Fund (DHY) for Q4 2017, worth a combined $11.1M — down 13% from $12.8M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DHY positions and 10 closed out — a net gain of 1 holder — while 17 added to existing stakes and 6 trimmed.
The largest buyer was Mariner, opening a new position worth an estimated $205K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $1.96M sold.
- 44 institutional investors held Credit Suisse High Yield Credit Fund (DHY) as of Q4 2017, up from 43 in Q3 2017.
- Funds reported $11.1M of Credit Suisse High Yield Credit Fund stock for Q4 2017, down 13% quarter-over-quarter.
- 11 funds opened new Credit Suisse High Yield Credit Fund positions in Q4 2017 and 10 closed out, a net change of +1 holder.
- The largest Credit Suisse High Yield Credit Fund buyer in Q4 2017 was Mariner, an estimated $205K added.
- The largest Credit Suisse High Yield Credit Fund seller in Q4 2017 was Sit Investment Associates, an estimated $1.96M sold.
Based on aggregated 13F filings for Q4 2017.