Credit Suisse High Yield Credit Fund
DHY
55 hedge funds and large institutions have $22M invested in Credit Suisse High Yield Credit Fund in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
7% more capital invested
Capital invested by funds: $20.5M → $22M (+$1.47M)
2% more funds holding
Funds holding: 54 → 55 (+1)
0.13% more ownership
Funds ownership: 9.92% → 10.05% (+0.13%)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.27M |
| 2 |
SCM
Saba Capital Management
New York
|
+$504K |
| 3 |
LPL Financial
San Diego,
California
|
+$501K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$128K |
| 5 |
TC
TownSquare Capital
Provo,
Utah
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$2.2M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.27M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$616K |
| 4 |
Goldman Sachs
New York
|
-$395K |
| 5 |
Millennium Management
New York
|
-$310K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Jane Street
New York
| $22K | +$21.7K | +10,356 | New |
|
52
Osaic Holdings
Scottsdale,
Arizona
| $15K | -$2.81K | -1,341 | -16% |
|
53
Barclays
London,
United Kingdom
| $4K | +$3.47K | +1,659 | New |
|
|
HCM
54
Highlander Capital Management
Short Hills,
New Jersey
| $3K | – | – | – |
|
|
WAS
55
Winch Advisory Services
Appleton,
Wisconsin
| $2K | +$19 | +9 | +0.8% |
|
|
SFS
56
Shaker Financial Services
Arlington,
Virginia
| – | -$1.27M | -634,077 | Closed |
|
|
57
Goldman Sachs
New York
| – | -$395K | -197,505 | Closed |
|
|
58
Millennium Management
New York
| – | -$310K | -155,101 | Closed |
|
|
DA
59
Doliver Advisors
Houston,
Texas
| – | -$270K | -135,180 | Closed |
|
|
GC
60
Guggenheim Capital
Chicago,
Illinois
| – | -$30K | -15,041 | Closed |
|
|
CAN
61
Cetera Advisor Networks
El Segundo,
California
| – | -$19K | -9,600 | Closed |
|
62
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -900 | Closed |
|
|
OPS
63
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$1K | -266 | Closed |
|
DHY Hedge Fund Activity: Q3 2020 in Review
55 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse High Yield Credit Fund (DHY) for Q3 2020, worth a combined $22M — up 7.1% from $20.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DHY positions and 9 closed out — a net gain of 1 holder — while 15 added to existing stakes and 17 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $4.27M. The largest seller was Landscape Capital Management, cutting an estimated $2.2M.
- 55 institutional investors held Credit Suisse High Yield Credit Fund (DHY) as of Q3 2020, up from 54 in Q2 2020.
- Funds reported $22M of Credit Suisse High Yield Credit Fund stock for Q3 2020, up 7.1% quarter-over-quarter.
- 10 funds opened new Credit Suisse High Yield Credit Fund positions in Q3 2020 and 9 closed out, a net change of +1 holder.
- The largest Credit Suisse High Yield Credit Fund buyer in Q3 2020 was Sit Investment Associates, an estimated $4.27M added.
- The largest Credit Suisse High Yield Credit Fund seller in Q3 2020 was Landscape Capital Management, an estimated $2.2M sold.
Based on aggregated 13F filings for Q3 2020.