PGIM Global High Yield Fund
GHY
83 hedge funds and large institutions have $299M invested in PGIM Global High Yield Fund in 2021 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 31 increasing their positions, 25 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
24% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 25
2% more funds holding
Funds holding: 81 → 83 (+2)
2.11% less ownership
Funds ownership: 49.52% → 47.41% (-2.1%)
7% less capital invested
Capital invested by funds: $323M → $299M (-$24.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.88M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.92M |
| 3 |
Cohen & Steers
New York
|
+$1.47M |
| 4 |
Morgan Stanley
New York
|
+$1.26M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$683K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$9.6M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$6.34M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.48M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.49M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citigroup
New York
| $54K | -$386K | -24,539 | -87% |
|
|
HI
77
Harbour Investments
Madison,
Wisconsin
| $44K | – | – | – |
|
|
GEA
78
Glen Eagle Advisors
Kingston,
New Jersey
| $29.3K | – | – | – |
|
79
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $28K | – | – | – |
|
|
PFGIA
80
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $14K | +$157 | +10 | +1% |
|
|
SWA
81
SOA Wealth Advisors
New York
| $7K | +$157 | +10 | +2% |
|
|
AWA
82
Arkadios Wealth Advisors
Atlanta,
Georgia
| $4K | -$2.42K | -154 | -32% |
|
|
RCM
83
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| $3K | – | – | – |
|
|
ASN
84
Advisory Services Network
Atlanta,
Georgia
| – | -$24K | -1,500 | Closed |
|
|
FF
85
FourThought Financial
Venice,
Florida
| – | -$11K | -742 | Closed |
|
|
NFSG
86
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$9K | -567 | Closed |
|
|
PAM
87
Panagora Asset Management
Boston,
Massachusetts
| – | -$1K | -71 | Closed |
|
88
Fidelity Investments
Boston,
Massachusetts
| – | +$16 | +1 | New |
|
GHY Hedge Fund Activity: Q3 2021 in Review
83 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q3 2021, worth a combined $299M — down 7.5% from $323M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GHY positions and 4 closed out — a net gain of 3 holders — while 31 added to existing stakes and 25 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $3.88M. The largest seller was Saba Capital Management, cutting an estimated $9.6M.
- 83 institutional investors held PGIM Global High Yield Fund (GHY) as of Q3 2021, up from 81 in Q2 2021.
- Funds reported $299M of PGIM Global High Yield Fund stock for Q3 2021, down 7.5% quarter-over-quarter.
- 7 funds opened new PGIM Global High Yield Fund positions in Q3 2021 and 4 closed out, a net change of +3 holders.
- The largest PGIM Global High Yield Fund buyer in Q3 2021 was Parametric Portfolio Associates, an estimated $3.88M added.
- The largest PGIM Global High Yield Fund seller in Q3 2021 was Saba Capital Management, an estimated $9.6M sold.
Based on aggregated 13F filings for Q3 2021.