PGIM Global High Yield Fund
GHY
52 hedge funds and large institutions have $182M invested in PGIM Global High Yield Fund in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 10 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
1% more capital invested
Capital invested by funds: $180M → $182M (+$2.48M)
0.89% more ownership
Funds ownership: 27.7% → 28.59% (+0.89%)
4% less funds holding
Funds holding: 54 → 52 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.76M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.86M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.6M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.49M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
EnTrustPermal Management
New York
|
-$2.43M |
| 2 |
TAM
Trust Asset Management
Houston,
Texas
|
-$2.34M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.09M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.04M |
| 5 |
LPL Financial
San Diego,
California
|
-$997K |
GHY Hedge Fund Activity: Q3 2016 in Review
52 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q3 2016, worth a combined $182M — up 1.4% from $180M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of GHY and 9 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 22 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $3.76M. The largest seller was EnTrustPermal Management, exiting entirely with an estimated $2.43M sold.
- 52 institutional investors held PGIM Global High Yield Fund (GHY) as of Q3 2016, down from 54 in Q2 2016.
- Funds reported $182M of PGIM Global High Yield Fund stock for Q3 2016, up 1.4% quarter-over-quarter.
- 9 funds opened new PGIM Global High Yield Fund positions in Q3 2016 and 10 closed out, a net change of -1 holder.
- The largest PGIM Global High Yield Fund buyer in Q3 2016 was Parametric Portfolio Associates, an estimated $3.76M added.
- The largest PGIM Global High Yield Fund seller in Q3 2016 was EnTrustPermal Management, an estimated $2.43M sold.
Based on aggregated 13F filings for Q3 2016.