Credit Suisse High Yield Credit Fund
DHY
54 hedge funds and large institutions have $20.5M invested in Credit Suisse High Yield Credit Fund in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
10% more funds holding
Funds holding: 49 → 54 (+5)
10% more capital invested
Capital invested by funds: $18.7M → $20.5M (+$1.85M)
0.06% more ownership
Funds ownership: 9.86% → 9.92% (+0.06%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.3M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.16M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$931K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$473K |
| 5 |
LPL Financial
San Diego,
California
|
+$325K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$3.66M |
| 2 |
Goldman Sachs
New York
|
-$553K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$536K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$320K |
| 5 |
PCM
Price Capital Management
Lafayette,
Louisiana
|
-$243K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | – | – | – |
|
|
WAS
52
Winch Advisory Services
Appleton,
Wisconsin
| $2K | +$241 | +127 | +13% |
|
|
OPS
53
Orion Portfolio Solutions
Omaha,
Nebraska
| $1K | +$505 | +266 | New |
|
|
SCM
54
Saba Capital Management
New York
| – | -$3.66M | -1,998,202 | Closed |
|
|
PCM
55
Price Capital Management
Lafayette,
Louisiana
| – | -$243K | -132,519 | Closed |
|
|
CRC
56
Curi RMB Capital
Chicago,
Illinois
| – | -$52K | -28,641 | Closed |
|
|
FMC
57
First Merchants Corp
Muncie,
Indiana
| – | -$20K | -10,909 | Closed |
|
|
WAP
58
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$2K | -958 | Closed |
|
59
Fidelity Investments
Boston,
Massachusetts
| – | +$4 | +2 | New |
|
DHY Hedge Fund Activity: Q2 2020 in Review
54 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse High Yield Credit Fund (DHY) for Q2 2020, worth a combined $20.5M — up 9.9% from $18.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DHY positions and 5 closed out — a net gain of 5 holders — while 20 added to existing stakes and 12 trimmed.
The largest buyer was Landscape Capital Management, adding an estimated $1.3M. The largest seller was Saba Capital Management, exiting entirely with an estimated $3.66M sold.
- 54 institutional investors held Credit Suisse High Yield Credit Fund (DHY) as of Q2 2020, up from 49 in Q1 2020.
- Funds reported $20.5M of Credit Suisse High Yield Credit Fund stock for Q2 2020, up 9.9% quarter-over-quarter.
- 10 funds opened new Credit Suisse High Yield Credit Fund positions in Q2 2020 and 5 closed out, a net change of +5 holders.
- The largest Credit Suisse High Yield Credit Fund buyer in Q2 2020 was Landscape Capital Management, an estimated $1.3M added.
- The largest Credit Suisse High Yield Credit Fund seller in Q2 2020 was Saba Capital Management, an estimated $3.66M sold.
Based on aggregated 13F filings for Q2 2020.