Credit Suisse High Yield Credit Fund
DHY
68 hedge funds and large institutions have $32M invested in Credit Suisse High Yield Credit Fund in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 21 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
30% more capital invested
Capital invested by funds: $24.6M → $32M (+$7.45M)
6% more funds holding
Funds holding: 64 → 68 (+4)
2.95% more ownership
Funds ownership: 13.47% → 16.42% (+2.9%)
38% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.32M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.45M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.16M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.04M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$394K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$177K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$165K |
| 4 |
ICMP
Integrated Capital Management (Pennsylvania)
Jessup,
Pennsylvania
|
-$108K |
| 5 |
Neuberger Berman Group
New York
|
-$104K |
DHY Hedge Fund Activity: Q1 2023 in Review
68 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse High Yield Credit Fund (DHY) for Q1 2023, worth a combined $32M — up 30% from $24.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DHY positions and 9 closed out — a net gain of 5 holders — while 13 added to existing stakes and 21 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.32M. The largest seller was 1607 Capital Partners, cutting an estimated $394K.
- 68 institutional investors held Credit Suisse High Yield Credit Fund (DHY) as of Q1 2023, up from 64 in Q4 2022.
- Funds reported $32M of Credit Suisse High Yield Credit Fund stock for Q1 2023, up 30% quarter-over-quarter.
- 14 funds opened new Credit Suisse High Yield Credit Fund positions in Q1 2023 and 9 closed out, a net change of +5 holders.
- The largest Credit Suisse High Yield Credit Fund buyer in Q1 2023 was Sit Investment Associates, an estimated $2.32M added.
- The largest Credit Suisse High Yield Credit Fund seller in Q1 2023 was 1607 Capital Partners, an estimated $394K sold.
Based on aggregated 13F filings for Q1 2023.