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GHY

PGIM Global High Yield Fund

55 hedge funds and large institutions have $181M invested in PGIM Global High Yield Fund in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 18

9% more capital invested

Capital invested by funds: $166M → $181M (+$14.9M)

0.46% more ownership

Funds ownership: 28.59%29.05% (+0.46%)

8% less funds holding

Funds holding: 6055 (-5)

23% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 13

Holders
55
Holders Change
-5
Holders Change %
-8.33%
% of All Funds
1.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
21
Reduced
18
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CS
26
Credit Suisse
Switzerland
$1.03M
HNB
27
Huntington National Bank
Ohio
$873K
Royal Bank of Canada
28
Royal Bank of Canada
Ontario, Canada
$782K -$56.6K -3,999 -7%
RJA
29
Raymond James & Associates
Florida
$668K -$32K -2,259 -5%
AA
30
AQR Arbitrage
Connecticut
$507K -$863K -60,990 -64%
TC
31
Telemus Capital
Michigan
$446K +$425K +30,000 New
Baird Financial Group
32
Baird Financial Group
Wisconsin
$440K +$10.8K +764 +3%
Commonwealth Equity Services
33
Commonwealth Equity Services
Massachusetts
$421K +$99.7K +7,045 +33%
ICAS
34
Investors Capital Advisory Services
Massachusetts
$382K -$56.6K -4,000 -13%
NFA
35
Nationwide Fund Advisors
Ohio
$373K +$355K +25,085 New
WAM
36
Wolverine Asset Management
Illinois
$344K -$1.14M -80,542 -78%
PA
37
Pinnacle Associates
New York
$314K +$5.83K +412 +2%
Cambridge Investment Research Advisors
38
Cambridge Investment Research Advisors
Iowa
$253K +$36.2K +2,555 +18%
SFS
39
Shaker Financial Services
Virginia
$234K +$222K +15,696 New
HW
40
Hedeker Wealth
Illinois
$233K +$222K +15,680 New
PFS
41
Prospera Financial Services
Texas
$171K +$163K +11,500 New
BTS
42
BB&T Securities
Virginia
$166K +$8.71K +615 +6%
AIG
43
American International Group
New York
$106K +$57.2K +4,041 +130%
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$104K +$49.3K +3,485 +100%
Citigroup
45
Citigroup
New York
$76K -$217K -15,341 -75%
MFS
46
MSI Financial Services
Massachusetts
$45K +$8.69K +614 +26%
NMC
47
Nine Masts Capital
Hong Kong
$37K -$267K -18,884 -88%
EWM
48
Edge Wealth Management
New York
$18K
PNC Financial Services Group
49
PNC Financial Services Group
Pennsylvania
$15K -$35.4K -2,500 -71%
CGT
50
Capital Guardian Trust
California
$15K +$14.6K +1,028 New

GHY Hedge Fund Activity: Q1 2016 in Review

55 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q1 2016, worth a combined $181M — up 9% from $166M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of GHY and 10 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 21 added.

The largest buyer was Vident Investment Advisory, adding an estimated $3.38M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.64M.

  • 55 institutional investors held PGIM Global High Yield Fund (GHY) as of Q1 2016, down from 60 in Q4 2015.
  • Funds reported $181M of PGIM Global High Yield Fund stock for Q1 2016, up 9% quarter-over-quarter.
  • 10 funds opened new PGIM Global High Yield Fund positions in Q1 2016 and 13 closed out, a net change of -3 holders.
  • The largest PGIM Global High Yield Fund buyer in Q1 2016 was Vident Investment Advisory, an estimated $3.38M added.
  • The largest PGIM Global High Yield Fund seller in Q1 2016 was Rivernorth Capital Management, an estimated $3.64M sold.

Based on aggregated 13F filings for Q1 2016.