PGIM Global High Yield Fund
GHY
72 hedge funds and large institutions have $163M invested in PGIM Global High Yield Fund in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 19 reducing their positions, and 10 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 19
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
2.67% less ownership
Funds ownership: 36.17% → 33.49% (-2.7%)
5% less funds holding
Funds holding: 76 → 72 (-4)
8% less capital invested
Capital invested by funds: $177M → $163M (-$14.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAS
Insigneo Advisory Services
Miami,
Florida
|
+$1.47M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.45M |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$637K |
| 4 |
AC
Avestar Capital
New York
|
+$468K |
| 5 |
LPL Financial
San Diego,
California
|
+$371K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$5.16M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.18M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.3M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.19M |
| 5 |
Morgan Stanley
New York
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IAA
76
Ironsides Asset Advisors
Rocky Mount,
North Carolina
| – | -$255K | -21,299 | Closed |
|
|
BA
77
Bridgewater Advisors
New York
| – | -$216K | -18,100 | Closed |
|
78
Creative Planning
Overland Park,
Kansas
| – | -$190K | -15,856 | Closed |
|
|
SWM
79
Spire Wealth Management
Mclean,
Virginia
| – | -$164K | -13,682 | Closed |
|
|
ARC
80
Advisor Resource Council
Dallas,
Texas
| – | -$125K | -11,023 | Closed |
|
|
HF
81
HRT Financial
New York
| – | -$124K | -10,450 | Closed |
|
|
MOS
82
MGO One Seven
Beachwood,
Ohio
| – | -$124K | -10,351 | Closed |
|
|
FFWM
83
Future Financial Wealth Management
Cincinnati,
Ohio
| – | -$33.5K | -2,800 | Closed |
|
GHY Hedge Fund Activity: Q2 2024 in Review
72 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q2 2024, worth a combined $163M — down 8% from $177M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GHY positions and 10 closed out — a net gain of 1 holder — while 29 added to existing stakes and 19 trimmed.
The largest buyer was Insigneo Advisory Services, opening a new position worth an estimated $1.47M. The largest seller was City of London Investment Management, cutting an estimated $5.16M.
- 72 institutional investors held PGIM Global High Yield Fund (GHY) as of Q2 2024, down from 76 in Q1 2024.
- Funds reported $163M of PGIM Global High Yield Fund stock for Q2 2024, down 8% quarter-over-quarter.
- 11 funds opened new PGIM Global High Yield Fund positions in Q2 2024 and 10 closed out, a net change of +1 holder.
- The largest PGIM Global High Yield Fund buyer in Q2 2024 was Insigneo Advisory Services, an estimated $1.47M added.
- The largest PGIM Global High Yield Fund seller in Q2 2024 was City of London Investment Management, an estimated $5.16M sold.
Based on aggregated 13F filings for Q2 2024.