Credit Suisse High Yield Credit Fund
DHY
49 hedge funds and large institutions have $11.8M invested in Credit Suisse High Yield Credit Fund in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
4% more funds holding
Funds holding: 47 → 49 (+2)
4% more capital invested
Capital invested by funds: $11.3M → $11.8M (+$454K)
0.01% less ownership
Funds ownership: 4.48% → 4.47% (-0.01%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$205K |
| 2 |
BPWA
Beacon Pointe Wealth Advisors
Newport Beach,
California
|
+$202K |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$179K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$173K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$454K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$416K |
| 3 |
Morgan Stanley
New York
|
-$108K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$91.9K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$64.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Northern Trust
Chicago,
Illinois
| – | -$1K | -40,000 | Closed |
|
|
GAM
52
Gemmer Asset Management
Walnut Creek,
California
| – | -$2K | -910 | Closed |
|
DHY Hedge Fund Activity: Q3 2019 in Review
49 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse High Yield Credit Fund (DHY) for Q3 2019, worth a combined $11.8M — up 4% from $11.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DHY positions and 4 closed out — a net gain of 3 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Concourse Financial Group Securities, adding an estimated $205K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $454K sold.
- 49 institutional investors held Credit Suisse High Yield Credit Fund (DHY) as of Q3 2019, up from 47 in Q2 2019.
- Funds reported $11.8M of Credit Suisse High Yield Credit Fund stock for Q3 2019, up 4% quarter-over-quarter.
- 7 funds opened new Credit Suisse High Yield Credit Fund positions in Q3 2019 and 4 closed out, a net change of +3 holders.
- The largest Credit Suisse High Yield Credit Fund buyer in Q3 2019 was Concourse Financial Group Securities, an estimated $205K added.
- The largest Credit Suisse High Yield Credit Fund seller in Q3 2019 was Sit Investment Associates, an estimated $454K sold.
Based on aggregated 13F filings for Q3 2019.