Credit Suisse High Yield Credit Fund
DHY
51 hedge funds and large institutions have $12.9M invested in Credit Suisse High Yield Credit Fund in 2019 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 9 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
9% more capital invested
Capital invested by funds: $11.8M → $12.9M (+$1.06M)
4% more funds holding
Funds holding: 49 → 51 (+2)
0.5% more ownership
Funds ownership: 4.47% → 4.97% (+0.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$510K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$499K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$355K |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$202K |
| 5 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$198K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$313K |
| 2 |
LPL Financial
San Diego,
California
|
-$244K |
| 3 |
BPWA
Beacon Pointe Wealth Advisors
Newport Beach,
California
|
-$204K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$191K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$188K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BPWA
51
Beacon Pointe Wealth Advisors
Newport Beach,
California
| – | -$204K | -80,000 | Closed |
|
|
HF
52
HRT Financial
New York
| – | -$76K | -30,095 | Closed |
|
|
BAM
53
Bruderman Asset Management
Locust Valley,
New York
| – | -$69K | -26,960 | Closed |
|
54
Jane Street
New York
| – | -$59K | -23,065 | Closed |
|
55
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$50K | -19,789 | Closed |
|
|
AGM
56
Alpine Global Management
New York
| – | -$30K | -11,800 | Closed |
|
57
Citadel Advisors
Miami,
Florida
| – | -$27K | -10,416 | Closed |
|
58
Citigroup
New York
| – | -$3K | -1,121 | Closed |
|
|
AG
59
Advisor Group
Phoenix,
Arizona
| – | -$1K | -300 | Closed |
|
60
Fidelity Investments
Boston,
Massachusetts
| – | +$3 | +1 | New |
|
DHY Hedge Fund Activity: Q4 2019 in Review
51 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse High Yield Credit Fund (DHY) for Q4 2019, worth a combined $12.9M — up 8.9% from $11.8M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DHY positions and 9 closed out — a net gain of 2 holders — while 20 added to existing stakes and 11 trimmed.
The largest buyer was Invesco, adding an estimated $510K. The largest seller was Wells Fargo, cutting an estimated $313K.
- 51 institutional investors held Credit Suisse High Yield Credit Fund (DHY) as of Q4 2019, up from 49 in Q3 2019.
- Funds reported $12.9M of Credit Suisse High Yield Credit Fund stock for Q4 2019, up 8.9% quarter-over-quarter.
- 11 funds opened new Credit Suisse High Yield Credit Fund positions in Q4 2019 and 9 closed out, a net change of +2 holders.
- The largest Credit Suisse High Yield Credit Fund buyer in Q4 2019 was Invesco, an estimated $510K added.
- The largest Credit Suisse High Yield Credit Fund seller in Q4 2019 was Wells Fargo, an estimated $313K sold.
Based on aggregated 13F filings for Q4 2019.