PGIM Global High Yield Fund
GHY
71 hedge funds and large institutions have $245M invested in PGIM Global High Yield Fund in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 7 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
1% more funds holding
Funds holding: 70 → 71 (+1)
0% more capital invested
Capital invested by funds: $244M → $245M (+$583K)
0% more ownership
Funds ownership: 47.58% → 47.58% (+0%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$4.21M |
| 2 |
Morgan Stanley
New York
|
+$2.99M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.79M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.19M |
| 5 |
TSS
Two Sigma Securities
New York
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.59M |
| 2 |
SCM
Saba Capital Management
New York
|
-$4.57M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.36M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.89M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$54K | -3,776 | Closed |
|
77
Rockefeller Capital Management
New York
| – | -$52K | -3,579 | Closed |
|
78
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$16K | -1,087 | Closed |
|
GHY Hedge Fund Activity: Q3 2019 in Review
71 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q3 2019, worth a combined $245M — up 0.24% from $244M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GHY positions and 7 closed out — a net gain of 1 holder — while 28 added to existing stakes and 23 trimmed.
The largest buyer was Eaton Vance Management, adding an estimated $4.21M. The largest seller was Ameriprise, cutting an estimated $4.59M.
- 71 institutional investors held PGIM Global High Yield Fund (GHY) as of Q3 2019, up from 70 in Q2 2019.
- Funds reported $245M of PGIM Global High Yield Fund stock for Q3 2019, up 0.24% quarter-over-quarter.
- 8 funds opened new PGIM Global High Yield Fund positions in Q3 2019 and 7 closed out, a net change of +1 holder.
- The largest PGIM Global High Yield Fund buyer in Q3 2019 was Eaton Vance Management, an estimated $4.21M added.
- The largest PGIM Global High Yield Fund seller in Q3 2019 was Ameriprise, an estimated $4.59M sold.
Based on aggregated 13F filings for Q3 2019.