Credit Suisse High Yield Credit Fund
DHY
47 hedge funds and large institutions have $13.4M invested in Credit Suisse High Yield Credit Fund in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 12 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
7% more capital invested
Capital invested by funds: $12.4M → $13.4M (+$920K)
0.11% less ownership
Funds ownership: 5.58% → 5.47% (-0.11%)
4% less funds holding
Funds holding: 49 → 47 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$895K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$420K |
| 3 |
OC
Oppenheimer & Co
New York
|
+$260K |
| 4 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
+$233K |
| 5 |
Jane Street
New York
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$667K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$556K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$512K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$394K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$313K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AGM
51
Alpine Global Management
New York
| – | -$97K | -44,645 | Closed |
|
52
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$67K | -30,668 | Closed |
|
|
SCM
53
Saba Capital Management
New York
| – | -$55K | -25,500 | Closed |
|
54
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$55K | -25,125 | Closed |
|
|
SFS
55
Shaker Financial Services
Arlington,
Virginia
| – | -$35K | -16,000 | Closed |
|
56
Millennium Management
New York
| – | -$31K | -14,421 | Closed |
|
|
AIC
57
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$5K | -2,222 | Closed |
|
|
AF
58
Allworth Financial
Folsom,
California
| – | -$2K | -700 | Closed |
|
DHY Hedge Fund Activity: Q1 2019 in Review
47 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse High Yield Credit Fund (DHY) for Q1 2019, worth a combined $13.4M — up 7.4% from $12.4M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of DHY and 10 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 15 added.
The largest buyer was Sit Investment Associates, adding an estimated $895K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $667K sold.
- 47 institutional investors held Credit Suisse High Yield Credit Fund (DHY) as of Q1 2019, down from 49 in Q4 2018.
- Funds reported $13.4M of Credit Suisse High Yield Credit Fund stock for Q1 2019, up 7.4% quarter-over-quarter.
- 10 funds opened new Credit Suisse High Yield Credit Fund positions in Q1 2019 and 12 closed out, a net change of -2 holders.
- The largest Credit Suisse High Yield Credit Fund buyer in Q1 2019 was Sit Investment Associates, an estimated $895K added.
- The largest Credit Suisse High Yield Credit Fund seller in Q1 2019 was Curi RMB Capital, an estimated $667K sold.
Based on aggregated 13F filings for Q1 2019.