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GHY

PGIM Global High Yield Fund

67 hedge funds and large institutions have $267M invested in PGIM Global High Yield Fund in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 18

14% more capital invested

Capital invested by funds: $233M → $267M (+$33.6M)

0.01% less ownership

Funds ownership: 51.18%51.17% (-0.01%)

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

1% less funds holding

Funds holding: 6867 (-1)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
67
Holders Change
-1
Holders Change %
-1.47%
% of All Funds
1.37%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
10
Increased
26
Reduced
18
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$41.8M +$2.35M +194,204 +6%
PPA
2
Parametric Portfolio Associates
Washington
$35.3M +$2.12M +174,953 +7%
RCM
3
Rivernorth Capital Management
Florida
$31.2M -$315K -26,025 -1%
SIA
4
Sit Investment Associates
Minnesota
$26M -$1.52M -125,538 -6%
Morgan Stanley
5
Morgan Stanley
New York
$11.6M -$2.42M -200,292 -18%
EVM
6
Eaton Vance Management
Massachusetts
$10.9M +$1.66M +137,016 +19%
JP Morgan Chase
7
JP Morgan Chase
New York
$10.8M
AAM
8
Advisors Asset Management
Colorado
$9.81M -$632K -52,309 -6%
Nomura Holdings
9
Nomura Holdings
Japan
$9.5M -$3.16M -261,155 -26%
Invesco
10
Invesco
Georgia
$9.39M -$430K -35,528 -5%
PCM
11
Penserra Capital Management
California
$9.2M +$360K +29,739 +4%
TJHA
12
Thomas J. Herzfeld Advisors
Florida
$8.77M +$1.37M +113,490 +21%
Wells Fargo
13
Wells Fargo
California
$5.13M -$256K -21,148 -5%
UBS Group
14
UBS Group
Switzerland
$5M +$2.03M +167,906 +75%
COLIM
15
City of London Investment Management
United Kingdom
$3.91M +$544K +45,000 +17%
VCM
16
Vivaldi Capital Management
Illinois
$3.87M +$202K +16,718 +6%
RJA
17
Raymond James & Associates
Florida
$3.62M +$89.3K +7,383 +3%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$3.04M -$266K -21,998 -8%
First Trust Advisors
19
First Trust Advisors
Illinois
$2.9M -$84.3K -6,969 -3%
PMAM
20
Penn Mutual Asset Management
Pennsylvania
$2.1M
RA
21
RFG Advisory
Alabama
$1.93M +$83.1K +6,870 +5%
Ameriprise
22
Ameriprise
Minnesota
$1.93M +$31.9K +2,642 +2%
Thrivent Financial for Lutherans
23
Thrivent Financial for Lutherans
Minnesota
$1.79M +$1.4M +115,879 +468%
Rockefeller Capital Management
24
Rockefeller Capital Management
New York
$1.66M +$127K +10,500 +9%
Bank of America
25
Bank of America
North Carolina
$1.53M -$315K -26,050 -18%

GHY Hedge Fund Activity: Q2 2020 in Review

67 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q2 2020, worth a combined $267M — up 14% from $233M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of GHY and 10 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 26 added.

The largest buyer was Saba Capital Management, adding an estimated $2.35M. The largest seller was Nomura Holdings, cutting an estimated $3.16M.

  • 67 institutional investors held PGIM Global High Yield Fund (GHY) as of Q2 2020, down from 68 in Q1 2020.
  • Funds reported $267M of PGIM Global High Yield Fund stock for Q2 2020, up 14% quarter-over-quarter.
  • 10 funds opened new PGIM Global High Yield Fund positions in Q2 2020 and 11 closed out, a net change of -1 holder.
  • The largest PGIM Global High Yield Fund buyer in Q2 2020 was Saba Capital Management, an estimated $2.35M added.
  • The largest PGIM Global High Yield Fund seller in Q2 2020 was Nomura Holdings, an estimated $3.16M sold.

Based on aggregated 13F filings for Q2 2020.