PGIM Global High Yield Fund
GHY
75 hedge funds and large institutions have $224M invested in PGIM Global High Yield Fund in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 6 closing their positions.
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
18% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 22
15% more funds holding
Funds holding: 65 → 75 (+10)
2.38% more ownership
Funds ownership: 37.66% → 40.04% (+2.4%)
5% more capital invested
Capital invested by funds: $214M → $224M (+$9.73M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.6M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$3.45M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.13M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.7M |
| 5 |
BlackRock
New York
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.2M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$4.05M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.21M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.98M |
| 5 |
KLI
Kelman-Lazarov Inc
Memphis,
Tennessee
|
-$1.14M |
GHY Hedge Fund Activity: Q2 2018 in Review
75 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q2 2018, worth a combined $224M — up 4.5% from $214M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new GHY positions and 6 closed out — a net gain of 12 holders — while 26 added to existing stakes and 22 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $4.6M. The largest seller was Morgan Stanley, cutting an estimated $5.2M.
- 75 institutional investors held PGIM Global High Yield Fund (GHY) as of Q2 2018, up from 65 in Q1 2018.
- Funds reported $224M of PGIM Global High Yield Fund stock for Q2 2018, up 4.5% quarter-over-quarter.
- 18 funds opened new PGIM Global High Yield Fund positions in Q2 2018 and 6 closed out, a net change of +12 holders.
- The largest PGIM Global High Yield Fund buyer in Q2 2018 was Parametric Portfolio Associates, an estimated $4.6M added.
- The largest PGIM Global High Yield Fund seller in Q2 2018 was Morgan Stanley, an estimated $5.2M sold.
Based on aggregated 13F filings for Q2 2018.