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GHY

PGIM Global High Yield Fund

76 hedge funds and large institutions have $270M invested in PGIM Global High Yield Fund in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 24 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

225% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 4

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

13% more funds holding

Funds holding: 6776 (+9)

4% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 24

1% more capital invested

Capital invested by funds: $267M → $270M (+$3.28M)

1.17% less ownership

Funds ownership: 51.17%50% (-1.2%)

Holders
76
Holders Change
+9
Holders Change %
+13.43%
% of All Funds
1.53%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
13
Increased
25
Reduced
24
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$42M -$1.6M -120,643 -4%
PPA
2
Parametric Portfolio Associates
Washington
$37.4M +$627K +47,174 +2%
RCM
3
Rivernorth Capital Management
Florida
$28.7M -$3.81M -286,696 -12%
SIA
4
Sit Investment Associates
Minnesota
$27M -$65K -4,883 -0.2%
EVM
5
Eaton Vance Management
Massachusetts
$11.4M +$612 +46 +0%
JP Morgan Chase
6
JP Morgan Chase
New York
$11.3M
Morgan Stanley
7
Morgan Stanley
New York
$10.5M -$1.53M -115,042 -13%
PCM
8
Penserra Capital Management
California
$10.2M +$579K +43,506 +6%
Nomura Holdings
9
Nomura Holdings
Japan
$9.49M -$403K -30,308 -4%
AAM
10
Advisors Asset Management
Colorado
$8.53M -$1.7M -127,815 -17%
Invesco
11
Invesco
Georgia
$8.46M -$1.32M -99,440 -13%
TJHA
12
Thomas J. Herzfeld Advisors
Florida
$6.54M -$2.02M -152,123 -23%
Wells Fargo
13
Wells Fargo
California
$5.43M +$88.3K +6,636 +2%
UBS Group
14
UBS Group
Switzerland
$5.2M -$10.9K -817 -0.2%
COLIM
15
City of London Investment Management
United Kingdom
$4.41M +$333K +25,000 +8%
RJA
16
Raymond James & Associates
Florida
$3.6M -$173K -12,982 -5%
VCM
17
Vivaldi Capital Management
Illinois
$3.52M -$337K -25,347 -9%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$3.18M +$14.4K +1,085 +0.5%
First Trust Advisors
19
First Trust Advisors
Illinois
$3.04M +$18.3K +1,377 +0.6%
PMAM
20
Penn Mutual Asset Management
Pennsylvania
$2.19M
Thrivent Financial for Lutherans
21
Thrivent Financial for Lutherans
Minnesota
$2.15M +$288K +21,648 +15%
RA
22
RFG Advisory
Alabama
$2.14M +$131K +9,869 +6%
Ameriprise
23
Ameriprise
Minnesota
$1.96M -$49.6K -3,726 -2%
GC
24
Guggenheim Capital
Illinois
$1.79M +$661K +49,686 +58%
Osaic Holdings
25
Osaic Holdings
Arizona
$1.73M +$181K +13,621 +12%

GHY Hedge Fund Activity: Q3 2020 in Review

76 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q3 2020, worth a combined $270M — up 1.2% from $267M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new GHY positions and 4 closed out — a net gain of 9 holders — while 25 added to existing stakes and 24 trimmed.

The largest buyer was Cohen & Steers, opening a new position worth an estimated $1.62M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.81M.

  • 76 institutional investors held PGIM Global High Yield Fund (GHY) as of Q3 2020, up from 67 in Q2 2020.
  • Funds reported $270M of PGIM Global High Yield Fund stock for Q3 2020, up 1.2% quarter-over-quarter.
  • 13 funds opened new PGIM Global High Yield Fund positions in Q3 2020 and 4 closed out, a net change of +9 holders.
  • The largest PGIM Global High Yield Fund buyer in Q3 2020 was Cohen & Steers, an estimated $1.62M added.
  • The largest PGIM Global High Yield Fund seller in Q3 2020 was Rivernorth Capital Management, an estimated $3.81M sold.

Based on aggregated 13F filings for Q3 2020.