Credit Suisse High Yield Credit Fund
DHY
41 hedge funds and large institutions have $12.6M invested in Credit Suisse High Yield Credit Fund in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 10 closing their positions.
31% more capital invested
Capital invested by funds: $9.58M → $12.6M (+$3M)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
1% more ownership
Funds ownership: 3.72% → 4.72% (+1%)
9% less funds holding
Funds holding: 45 → 41 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.44M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.4M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$609K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$516K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Raiff Partners
New York
|
-$516K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$429K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$272K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$226K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$93K |
DHY Hedge Fund Activity: Q4 2016 in Review
41 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse High Yield Credit Fund (DHY) for Q4 2016, worth a combined $12.6M — up 31% from $9.58M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DHY and 6 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 14 added.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $1.44M. The largest seller was Raiff Partners, exiting entirely with an estimated $516K sold.
- 41 institutional investors held Credit Suisse High Yield Credit Fund (DHY) as of Q4 2016, down from 45 in Q3 2016.
- Funds reported $12.6M of Credit Suisse High Yield Credit Fund stock for Q4 2016, up 31% quarter-over-quarter.
- 6 funds opened new Credit Suisse High Yield Credit Fund positions in Q4 2016 and 10 closed out, a net change of -4 holders.
- The largest Credit Suisse High Yield Credit Fund buyer in Q4 2016 was Shaker Financial Services, an estimated $1.44M added.
- The largest Credit Suisse High Yield Credit Fund seller in Q4 2016 was Raiff Partners, an estimated $516K sold.
Based on aggregated 13F filings for Q4 2016.