PGIM Global High Yield Fund
GHY
75 hedge funds and large institutions have $174M invested in PGIM Global High Yield Fund in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 36 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
6% more funds holding
Funds holding: 71 → 75 (+4)
0.52% less ownership
Funds ownership: 39.72% → 39.2% (-0.52%)
3% less capital invested
Capital invested by funds: $179M → $174M (-$5.16M)
50% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
API
Advisor Partners II
Walnut Creek,
California
|
+$4.39M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.41M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$954K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$516K |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$501K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.17M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.68M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$783K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$726K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$424K |
GHY Hedge Fund Activity: Q3 2023 in Review
75 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q3 2023, worth a combined $174M — down 2.9% from $179M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GHY positions and 5 closed out — a net gain of 4 holders — while 18 added to existing stakes and 36 trimmed.
The largest buyer was Advisor Partners II, opening a new position worth an estimated $4.39M. The largest seller was Morgan Stanley, cutting an estimated $5.17M.
- 75 institutional investors held PGIM Global High Yield Fund (GHY) as of Q3 2023, up from 71 in Q2 2023.
- Funds reported $174M of PGIM Global High Yield Fund stock for Q3 2023, down 2.9% quarter-over-quarter.
- 9 funds opened new PGIM Global High Yield Fund positions in Q3 2023 and 5 closed out, a net change of +4 holders.
- The largest PGIM Global High Yield Fund buyer in Q3 2023 was Advisor Partners II, an estimated $4.39M added.
- The largest PGIM Global High Yield Fund seller in Q3 2023 was Morgan Stanley, an estimated $5.17M sold.
Based on aggregated 13F filings for Q3 2023.