Credit Suisse High Yield Credit Fund
DHY
49 hedge funds and large institutions have $18.7M invested in Credit Suisse High Yield Credit Fund in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 10 reducing their positions, and 10 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 10
45% more capital invested
Capital invested by funds: $12.9M → $18.7M (+$5.82M)
4.89% more ownership
Funds ownership: 4.97% → 9.86% (+4.9%)
4% less funds holding
Funds holding: 51 → 49 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.58M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.49M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.4M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.32M |
| 5 |
Goldman Sachs
New York
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$508K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$417K |
| 3 |
Millennium Management
New York
|
-$195K |
| 4 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$176K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$123K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
51
Arlington Capital Management
Arlington Heights,
Illinois
| – | -$176K | -70,594 | Closed |
|
52
Bessemer Group
Woodbridge,
New Jersey
| – | -$119K | -47,400 | Closed |
|
|
SFS
53
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$110K | -44,153 | Closed |
|
|
FIA
54
FNY Investment Advisers
New York
| – | -$60K | -24,343 | Closed |
|
|
TSS
55
Two Sigma Securities
New York
| – | -$50K | -20,037 | Closed |
|
|
FHB
56
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$45K | -17,871 | Closed |
|
|
IAN
57
Integrated Advisors Network
Dallas,
Texas
| – | -$27K | -10,663 | Closed |
|
|
SBIA
58
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
| – | -$26K | -10,566 | Closed |
|
DHY Hedge Fund Activity: Q1 2020 in Review
49 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse High Yield Credit Fund (DHY) for Q1 2020, worth a combined $18.7M — up 45% from $12.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DHY and 9 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 20 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $4.58M. The largest seller was Stratos Wealth Partners, cutting an estimated $508K.
- 49 institutional investors held Credit Suisse High Yield Credit Fund (DHY) as of Q1 2020, down from 51 in Q4 2019.
- Funds reported $18.7M of Credit Suisse High Yield Credit Fund stock for Q1 2020, up 45% quarter-over-quarter.
- 9 funds opened new Credit Suisse High Yield Credit Fund positions in Q1 2020 and 10 closed out, a net change of -1 holder.
- The largest Credit Suisse High Yield Credit Fund buyer in Q1 2020 was Saba Capital Management, an estimated $4.58M added.
- The largest Credit Suisse High Yield Credit Fund seller in Q1 2020 was Stratos Wealth Partners, an estimated $508K sold.
Based on aggregated 13F filings for Q1 2020.