UBS Asset Management High Yield Credit Fund
DHY
38 hedge funds and large institutions have $7.93M invested in UBS Asset Management High Yield Credit Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 17 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
1.06% less ownership
Funds ownership: 4.58% → 3.53% (-1.1%)
25% less funds holding
Funds holding: 51 → 38 (-13)
71% less capital inflows, than outflows
Capital inflows: $970K | Capital outflows: $3.38M
76% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$304K |
| 2 |
Sonora Investment Management
Tucson,
Arizona
|
+$191K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$153K |
| 4 |
Virtu KCG Holdings
New York
|
+$69.4K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$60.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$755K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$624K |
| 3 |
Mariner Investment Group
Harrison,
New York
|
-$510K |
| 4 |
Wolverine Asset Management
Chicago,
Illinois
|
-$431K |
| 5 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$212K |
DHY Hedge Fund Activity: Q1 2016 in Review
38 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in UBS Asset Management High Yield Credit Fund (DHY) for Q1 2016, worth a combined $7.93M — down 24% from $10.4M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of DHY and 4 opened new positions — a net loss of 13 holders — while 10 trimmed existing stakes and 14 added.
The largest buyer was Royal Bank of Canada, adding an estimated $304K. The largest seller was SG Americas Securities, exiting entirely with an estimated $755K sold.
- 38 institutional investors held UBS Asset Management High Yield Credit Fund (DHY) as of Q1 2016, down from 51 in Q4 2015.
- Funds reported $7.93M of UBS Asset Management High Yield Credit Fund stock for Q1 2016, down 24% quarter-over-quarter.
- 4 funds opened new UBS Asset Management High Yield Credit Fund positions in Q1 2016 and 17 closed out, a net change of -13 holders.
- The largest UBS Asset Management High Yield Credit Fund buyer in Q1 2016 was Royal Bank of Canada, an estimated $304K added.
- The largest UBS Asset Management High Yield Credit Fund seller in Q1 2016 was SG Americas Securities, an estimated $755K sold.
Based on aggregated 13F filings for Q1 2016.