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GHY

PGIM Global High Yield Fund

63 hedge funds and large institutions have $195M invested in PGIM Global High Yield Fund in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 4

26% more funds holding

Funds holding: 5063 (+13)

12% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 17

6% more capital invested

Capital invested by funds: $184M → $195M (+$10.2M)

1.74% more ownership

Funds ownership: 30.27%32% (+1.7%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
63
Holders Change
+13
Holders Change %
+26%
% of All Funds
1.57%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
19
Reduced
17
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$24.3M +$1.41M +93,692 +6%
RCM
2
Rivernorth Capital Management
Florida
$24.1M +$1.15M +76,184 +5%
Morgan Stanley
3
Morgan Stanley
New York
$22.2M +$553K +36,715 +3%
Bessemer Group
4
Bessemer Group
New Jersey
$12M -$2.29M -152,000 -16%
JP Morgan Chase
5
JP Morgan Chase
New York
$11.2M +$221K +14,700 +2%
Wells Fargo
6
Wells Fargo
California
$9.04M -$1.65M -109,784 -15%
EVM
7
Eaton Vance Management
Massachusetts
$8.72M
PPA
8
Parametric Portfolio Associates
Washington
$8.42M +$8.54M +566,640 New
Invesco
9
Invesco
Georgia
$7.96M -$122K -8,105 -1%
Bank of America
10
Bank of America
North Carolina
$7.29M +$574K +38,071 +8%
VIA
11
Vident Investment Advisory
Georgia
$7.18M +$1.09M +72,637 +18%
Kovitz Investment Group Partners
12
Kovitz Investment Group Partners
Illinois
$6.94M -$19.7K -1,305 -0.3%
KLI
13
Kelman-Lazarov Inc
Tennessee
$4.86M +$99K +6,571 +2%
AAM
14
Advisors Asset Management
Colorado
$3.88M -$885K -58,709 -18%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$3.76M +$676K +44,847 +22%
First Trust Advisors
16
First Trust Advisors
Illinois
$3.08M +$417K +27,684 +15%
GC
17
Guggenheim Capital
Illinois
$2.78M -$878K -58,273 -24%
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$2.63M +$2.67M +177,000 New
PMLI
19
Penn Mutual Life Insurance
Pennsylvania
$2.46M
Ameriprise
20
Ameriprise
Minnesota
$2.46M +$792K +52,531 +45%
CIA
21
Capital Investment Advisors
Georgia
$1.72M -$14.2K -945 -0.8%
RJA
22
Raymond James & Associates
Florida
$1.62M -$132K -8,758 -7%
Baird Financial Group
23
Baird Financial Group
Wisconsin
$1.57M -$314K -20,864 -16%
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$1.56M -$235K -15,587 -13%
SFS
25
Shaker Financial Services
Virginia
$979K +$635K +42,161 +178%

GHY Hedge Fund Activity: Q2 2017 in Review

63 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q2 2017, worth a combined $195M — up 5.5% from $184M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new GHY positions and 4 closed out — a net gain of 14 holders — while 19 added to existing stakes and 17 trimmed.

The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $8.54M. The largest seller was Yorktown Management & Research Company, exiting entirely with an estimated $4.33M sold.

  • 63 institutional investors held PGIM Global High Yield Fund (GHY) as of Q2 2017, up from 50 in Q1 2017.
  • Funds reported $195M of PGIM Global High Yield Fund stock for Q2 2017, up 5.5% quarter-over-quarter.
  • 18 funds opened new PGIM Global High Yield Fund positions in Q2 2017 and 4 closed out, a net change of +14 holders.
  • The largest PGIM Global High Yield Fund buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $8.54M added.
  • The largest PGIM Global High Yield Fund seller in Q2 2017 was Yorktown Management & Research Company, an estimated $4.33M sold.

Based on aggregated 13F filings for Q2 2017.