PGIM Global High Yield Fund
GHY
78 hedge funds and large institutions have $211M invested in PGIM Global High Yield Fund in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 30 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
21% more capital invested
Capital invested by funds: $174M → $211M (+$37M)
6.17% more ownership
Funds ownership: 39.2% → 45.37% (+6.2%)
4% more funds holding
Funds holding: 75 → 78 (+3)
20% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$16.5M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$945K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$938K |
| 4 |
ARC
Advisor Resource Council
Dallas,
Texas
|
+$936K |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$809K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advent Capital Management
New York
|
-$2.16M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.63M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.37M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$804K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$773K |
GHY Hedge Fund Activity: Q4 2023 in Review
78 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q4 2023, worth a combined $211M — up 21% from $174M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GHY positions and 9 closed out — a net gain of 4 holders — while 24 added to existing stakes and 30 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $16.5M. The largest seller was Advent Capital Management, exiting entirely with an estimated $2.16M sold.
- 78 institutional investors held PGIM Global High Yield Fund (GHY) as of Q4 2023, up from 75 in Q3 2023.
- Funds reported $211M of PGIM Global High Yield Fund stock for Q4 2023, up 21% quarter-over-quarter.
- 13 funds opened new PGIM Global High Yield Fund positions in Q4 2023 and 9 closed out, a net change of +4 holders.
- The largest PGIM Global High Yield Fund buyer in Q4 2023 was Morgan Stanley, an estimated $16.5M added.
- The largest PGIM Global High Yield Fund seller in Q4 2023 was Advent Capital Management, an estimated $2.16M sold.
Based on aggregated 13F filings for Q4 2023.