UBS Asset Management High Yield Credit Fund
DHY
59 hedge funds and large institutions have $29.2M invested in UBS Asset Management High Yield Credit Fund in 2020 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 11 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
33% more capital invested
Capital invested by funds: $22M → $29.2M (+$7.2M)
7% more funds holding
Funds holding: 55 → 59 (+4)
2.32% more ownership
Funds ownership: 10.05% → 12.37% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.02M |
| 2 |
Morgan Stanley
New York
|
+$1.69M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$994K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$614K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$377K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$756K |
| 2 |
SCM
Saba Capital Management
New York
|
-$508K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$454K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$207K |
| 5 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$176K |
DHY Hedge Fund Activity: Q4 2020 in Review
59 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in UBS Asset Management High Yield Credit Fund (DHY) for Q4 2020, worth a combined $29.2M — up 33% from $22M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new DHY positions and 11 closed out — a net gain of 6 holders — while 20 added to existing stakes and 12 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $2.02M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $756K sold.
- 59 institutional investors held UBS Asset Management High Yield Credit Fund (DHY) as of Q4 2020, up from 55 in Q3 2020.
- Funds reported $29.2M of UBS Asset Management High Yield Credit Fund stock for Q4 2020, up 33% quarter-over-quarter.
- 17 funds opened new UBS Asset Management High Yield Credit Fund positions in Q4 2020 and 11 closed out, a net change of +6 holders.
- The largest UBS Asset Management High Yield Credit Fund buyer in Q4 2020 was Raymond James Financial Services Advisors, an estimated $2.02M added.
- The largest UBS Asset Management High Yield Credit Fund seller in Q4 2020 was Wolverine Asset Management, an estimated $756K sold.
Based on aggregated 13F filings for Q4 2020.