PGIM Global High Yield Fund
GHY
82 hedge funds and large institutions have $288M invested in PGIM Global High Yield Fund in 2020 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 30 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
8% more funds holding
Funds holding: 76 → 82 (+6)
7% more capital invested
Capital invested by funds: $270M → $288M (+$18M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.51% less ownership
Funds ownership: 50% → 48.48% (-1.5%)
13% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.38M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.06M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.16M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$794K |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$755K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$8.94M |
| 2 |
JP Morgan Chase
New York
|
-$3.65M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.74M |
| 4 |
SCM
Saba Capital Management
New York
|
-$1.71M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFSG
76
Newbridge Financial Services Group
Boca Raton,
Florida
| $7K | -$85.1K | -6,200 | -93% |
|
|
SWA
77
SOA Wealth Advisors
New York
| $7K | +$6.5K | +473 | New |
|
|
PFO
78
Pathstone Family Office
Englewood,
New Jersey
| $4K | – | – | – |
|
|
PAM
79
Panagora Asset Management
Boston,
Massachusetts
| $2K | -$8.51K | -620 | -82% |
|
|
WLPWM
80
Walled Lake Planning & Wealth Management
Winnetka,
Illinois
| $2K | -$1.65K | -120 | -49% |
|
81
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $2K | – | – | – |
|
|
SFS
82
Sowell Financial Services
North Little Rock,
Arkansas
| $2K | +$96 | +7 | +4% |
|
|
AAS
83
Avantax Advisory Services
Dallas,
Texas
| – | -$843K | -63,630 | Closed |
|
84
Jane Street
New York
| – | -$235K | -17,741 | Closed |
|
|
MOS
85
MGO One Seven
Beachwood,
Ohio
| – | -$149K | -11,269 | Closed |
|
|
CSPIA
86
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$25K | -1,900 | Closed |
|
|
EWM
87
Edge Wealth Management
New York
| – | -$16K | -1,200 | Closed |
|
88
Barclays
London,
United Kingdom
| – | -$14K | -912 | Closed |
|
GHY Hedge Fund Activity: Q4 2020 in Review
82 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q4 2020, worth a combined $288M — up 6.7% from $270M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GHY positions and 6 closed out — a net gain of 6 holders — while 26 added to existing stakes and 30 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $2.38M. The largest seller was Rivernorth Capital Management, cutting an estimated $8.94M.
- 82 institutional investors held PGIM Global High Yield Fund (GHY) as of Q4 2020, up from 76 in Q3 2020.
- Funds reported $288M of PGIM Global High Yield Fund stock for Q4 2020, up 6.7% quarter-over-quarter.
- 12 funds opened new PGIM Global High Yield Fund positions in Q4 2020 and 6 closed out, a net change of +6 holders.
- The largest PGIM Global High Yield Fund buyer in Q4 2020 was Parametric Portfolio Associates, an estimated $2.38M added.
- The largest PGIM Global High Yield Fund seller in Q4 2020 was Rivernorth Capital Management, an estimated $8.94M sold.
Based on aggregated 13F filings for Q4 2020.