PGIM Global High Yield Fund
GHY
54 hedge funds and large institutions have $180M invested in PGIM Global High Yield Fund in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 10 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
1% less capital invested
Capital invested by funds: $181M → $180M (-$1.36M)
1.34% less ownership
Funds ownership: 29.05% → 27.7% (-1.3%)
2% less funds holding
Funds holding: 55 → 54 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$717K |
| 2 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$615K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$531K |
| 4 |
RP
Raiff Partners
New York
|
+$522K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$521K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$3.04M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.14M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.63M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$1.62M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.32M |
GHY Hedge Fund Activity: Q2 2016 in Review
54 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q2 2016, worth a combined $180M — down 0.75% from $181M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of GHY and 9 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 20 added.
The largest buyer was Wells Fargo, adding an estimated $717K. The largest seller was Vident Investment Advisory, cutting an estimated $3.04M.
- 54 institutional investors held PGIM Global High Yield Fund (GHY) as of Q2 2016, down from 55 in Q1 2016.
- Funds reported $180M of PGIM Global High Yield Fund stock for Q2 2016, down 0.75% quarter-over-quarter.
- 9 funds opened new PGIM Global High Yield Fund positions in Q2 2016 and 10 closed out, a net change of -1 holder.
- The largest PGIM Global High Yield Fund buyer in Q2 2016 was Wells Fargo, an estimated $717K added.
- The largest PGIM Global High Yield Fund seller in Q2 2016 was Vident Investment Advisory, an estimated $3.04M sold.
Based on aggregated 13F filings for Q2 2016.