PGIM Global High Yield Fund
GHY
71 hedge funds and large institutions have $156M invested in PGIM Global High Yield Fund in 2024 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 29 reducing their positions, and 9 closing their positions.
4% less capital invested
Capital invested by funds: $163M → $156M (-$6.6M)
1% less funds holding
Funds holding: 72 → 71 (-1)
3.6% less ownership
Funds ownership: 33.49% → 29.89% (-3.6%)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
34% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$4.76M |
| 2 |
AC
Avestar Capital
New York
|
+$560K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$467K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$256K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$253K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.25M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$5.85M |
| 3 |
Morgan Stanley
New York
|
-$3.54M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.98M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Jane Street
New York
| – | -$186K | -15,620 | Closed |
|
|
NAS
77
NWF Advisory Services
Los Angeles,
California
| – | -$131K | -11,000 | Closed |
|
|
PWPS
78
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$124K | -10,468 | Closed |
|
|
RJFSA
79
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$119K | -10,016 | Closed |
|
|
CP
80
Camelot Portfolios
Maumee,
Ohio
| – | -$35.6K | -3,000 | Closed |
|
|
BBPWM
81
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$3.33K | -280 | Closed |
|
GHY Hedge Fund Activity: Q3 2024 in Review
71 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q3 2024, worth a combined $156M — down 4.1% from $163M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of GHY and 8 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 19 added.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $4.76M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $6.25M sold.
- 71 institutional investors held PGIM Global High Yield Fund (GHY) as of Q3 2024, down from 72 in Q2 2024.
- Funds reported $156M of PGIM Global High Yield Fund stock for Q3 2024, down 4.1% quarter-over-quarter.
- 8 funds opened new PGIM Global High Yield Fund positions in Q3 2024 and 9 closed out, a net change of -1 holder.
- The largest PGIM Global High Yield Fund buyer in Q3 2024 was Penserra Capital Management, an estimated $4.76M added.
- The largest PGIM Global High Yield Fund seller in Q3 2024 was Rivernorth Capital Management, an estimated $6.25M sold.
Based on aggregated 13F filings for Q3 2024.