PGIM Global High Yield Fund
GHY
86 hedge funds and large institutions have $194M invested in PGIM Global High Yield Fund in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 25 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
12% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 25
10% more funds holding
Funds holding: 78 → 86 (+8)
5% more capital invested
Capital invested by funds: $184M → $194M (+$9.69M)
1.09% more ownership
Funds ownership: 42.51% → 43.6% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.7M |
| 2 |
Morgan Stanley
New York
|
+$3.53M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$2.46M |
| 4 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$1.05M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$10.8M |
| 2 |
BlackRock
New York
|
-$1.31M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.06M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$730K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$699K |
GHY Hedge Fund Activity: Q4 2022 in Review
86 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q4 2022, worth a combined $194M — up 5.3% from $184M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new GHY positions and 6 closed out — a net gain of 9 holders — while 28 added to existing stakes and 25 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $5.7M. The largest seller was Sit Investment Associates, cutting an estimated $10.8M.
- 86 institutional investors held PGIM Global High Yield Fund (GHY) as of Q4 2022, up from 78 in Q3 2022.
- Funds reported $194M of PGIM Global High Yield Fund stock for Q4 2022, up 5.3% quarter-over-quarter.
- 15 funds opened new PGIM Global High Yield Fund positions in Q4 2022 and 6 closed out, a net change of +9 holders.
- The largest PGIM Global High Yield Fund buyer in Q4 2022 was Saba Capital Management, an estimated $5.7M added.
- The largest PGIM Global High Yield Fund seller in Q4 2022 was Sit Investment Associates, an estimated $10.8M sold.
Based on aggregated 13F filings for Q4 2022.