PGIM Global High Yield Fund
GHY
44 hedge funds and large institutions have $132M invested in PGIM Global High Yield Fund in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 5 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
2.82% more ownership
Funds ownership: 20.2% → 23.02% (+2.8%)
4% more capital invested
Capital invested by funds: $127M → $132M (+$5.05M)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
2% less funds holding
Funds holding: 45 → 44 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.85M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$5.73M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$5.56M |
| 4 |
SCM
Saba Capital Management
New York
|
+$1.81M |
| 5 |
Goldman Sachs
New York
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$3.02M |
| 2 |
Morgan Stanley
New York
|
-$2.05M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.02M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.4M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$408K |
GHY Hedge Fund Activity: Q3 2015 in Review
44 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q3 2015, worth a combined $132M — up 4% from $127M a quarter earlier.
Fund positioning in GHY was balanced in Q3 2015: 5 funds opened new positions, 5 closed out, 18 added to existing stakes and 15 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $7.85M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $3.02M sold.
- 44 institutional investors held PGIM Global High Yield Fund (GHY) as of Q3 2015, down from 45 in Q2 2015.
- Funds reported $132M of PGIM Global High Yield Fund stock for Q3 2015, up 4% quarter-over-quarter.
- 5 funds opened new PGIM Global High Yield Fund positions in Q3 2015 and 5 closed out, a net change of 0 holders.
- The largest PGIM Global High Yield Fund buyer in Q3 2015 was Rivernorth Capital Management, an estimated $7.85M added.
- The largest PGIM Global High Yield Fund seller in Q3 2015 was Curi RMB Capital, an estimated $3.02M sold.
Based on aggregated 13F filings for Q3 2015.