PGIM Global High Yield Fund
GHY
78 hedge funds and large institutions have $184M invested in PGIM Global High Yield Fund in 2022 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 25 reducing their positions, and 11 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 25
2.28% less ownership
Funds ownership: 44.79% → 42.51% (-2.3%)
3% less funds holding
Funds holding: 80 → 78 (-2)
13% less capital invested
Capital invested by funds: $210M → $184M (-$26.4M)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$3.62M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$904K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$801K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$798K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$755K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$4.94M |
| 2 |
Morgan Stanley
New York
|
-$4.04M |
| 3 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$3.63M |
| 4 |
SCM
Saba Capital Management
New York
|
-$1.33M |
| 5 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$1.14M |
GHY Hedge Fund Activity: Q3 2022 in Review
78 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q3 2022, worth a combined $184M — down 13% from $210M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of GHY and 9 opened new positions — a net loss of 2 holders — while 25 trimmed existing stakes and 28 added.
The largest buyer was City of London Investment Management, adding an estimated $3.62M. The largest seller was Eaton Vance Management, exiting entirely with an estimated $4.94M sold.
- 78 institutional investors held PGIM Global High Yield Fund (GHY) as of Q3 2022, down from 80 in Q2 2022.
- Funds reported $184M of PGIM Global High Yield Fund stock for Q3 2022, down 13% quarter-over-quarter.
- 9 funds opened new PGIM Global High Yield Fund positions in Q3 2022 and 11 closed out, a net change of -2 holders.
- The largest PGIM Global High Yield Fund buyer in Q3 2022 was City of London Investment Management, an estimated $3.62M added.
- The largest PGIM Global High Yield Fund seller in Q3 2022 was Eaton Vance Management, an estimated $4.94M sold.
Based on aggregated 13F filings for Q3 2022.