Credit Suisse High Yield Credit Fund
DHY
55 hedge funds and large institutions have $30.3M invested in Credit Suisse High Yield Credit Fund in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 21 reducing their positions, and 6 closing their positions.
1.25% less ownership
Funds ownership: 13.09% → 11.84% (-1.2%)
5% less funds holding
Funds holding: 58 → 55 (-3)
11% less capital invested
Capital invested by funds: $34M → $30.3M (-$3.77M)
33% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 21
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$210K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$105K |
| 3 |
FF
FourThought Financial
Venice,
Florida
|
+$101K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$97.8K |
| 5 |
PAS
Park Avenue Securities
New York
|
+$82.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.79M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$743K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$328K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$289K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$201K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Barclays
London,
United Kingdom
| $10K | – | – | – |
|
|
HCM
52
Highlander Capital Management
Short Hills,
New Jersey
| $4K | – | – | – |
|
|
KFI
53
Key Financial Inc
West Chester,
Pennsylvania
| $2K | – | – | – |
|
54
Jane Street
New York
| – | -$99K | -39,480 | Closed |
|
|
TSS
55
Two Sigma Securities
New York
| – | -$44K | -17,410 | Closed |
|
56
HighTower Advisors
Chicago,
Illinois
| – | -$28K | -11,095 | Closed |
|
57
Mercer Global Advisors
Denver,
Colorado
| – | -$26K | -10,438 | Closed |
|
|
NFG
58
Next Financial Group
Houston,
Texas
| – | -$5K | -1,948 | Closed |
|
59
Rockefeller Capital Management
New York
| – | +$5 | +2 | New |
|
DHY Hedge Fund Activity: Q3 2021 in Review
55 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse High Yield Credit Fund (DHY) for Q3 2021, worth a combined $30.3M — down 11% from $34M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DHY and 3 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 14 added.
The largest buyer was LPL Financial, adding an estimated $210K. The largest seller was Morgan Stanley, cutting an estimated $1.79M.
- 55 institutional investors held Credit Suisse High Yield Credit Fund (DHY) as of Q3 2021, down from 58 in Q2 2021.
- Funds reported $30.3M of Credit Suisse High Yield Credit Fund stock for Q3 2021, down 11% quarter-over-quarter.
- 3 funds opened new Credit Suisse High Yield Credit Fund positions in Q3 2021 and 6 closed out, a net change of -3 holders.
- The largest Credit Suisse High Yield Credit Fund buyer in Q3 2021 was LPL Financial, an estimated $210K added.
- The largest Credit Suisse High Yield Credit Fund seller in Q3 2021 was Morgan Stanley, an estimated $1.79M sold.
Based on aggregated 13F filings for Q3 2021.