PGIM Global High Yield Fund
GHY
63 hedge funds and large institutions have $199M invested in PGIM Global High Yield Fund in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 9 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
2% more capital invested
Capital invested by funds: $195M → $199M (+$3.9M)
0.48% more ownership
Funds ownership: 32% → 32.48% (+0.48%)
0% more funds holding
Funds holding: 63 → 63 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.23M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.05M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.29M |
| 4 |
SCM
Saba Capital Management
New York
|
+$1.32M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$855K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$4.47M |
| 2 |
Morgan Stanley
New York
|
-$3.18M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.57M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.41M |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$911K |
GHY Hedge Fund Activity: Q3 2017 in Review
63 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q3 2017, worth a combined $199M — up 2% from $195M a quarter earlier.
Fund positioning in GHY was balanced in Q3 2017: 9 funds opened new positions, 9 closed out, 26 added to existing stakes and 21 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $5.23M. The largest seller was Bessemer Group, cutting an estimated $4.47M.
- 63 institutional investors held PGIM Global High Yield Fund (GHY) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $199M of PGIM Global High Yield Fund stock for Q3 2017, up 2% quarter-over-quarter.
- 9 funds opened new PGIM Global High Yield Fund positions in Q3 2017 and 9 closed out, a net change of 0 holders.
- The largest PGIM Global High Yield Fund buyer in Q3 2017 was Royal Bank of Canada, an estimated $5.23M added.
- The largest PGIM Global High Yield Fund seller in Q3 2017 was Bessemer Group, an estimated $4.47M sold.
Based on aggregated 13F filings for Q3 2017.