PGIM Global High Yield Fund
GHY
86 hedge funds and large institutions have $287M invested in PGIM Global High Yield Fund in 2021 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 31 reducing their positions, and 11 closing their positions.
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
4% more funds holding
Funds holding: 83 → 86 (+3)
4% less capital invested
Capital invested by funds: $299M → $287M (-$12.3M)
1.05% less ownership
Funds ownership: 47.41% → 46.35% (-1.1%)
19% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$7.42M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.84M |
| 3 |
ARC
Advisor Resource Council
Dallas,
Texas
|
+$1.2M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$819K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$801K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$14.3M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$2.55M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$1.36M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$791K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$729K |
GHY Hedge Fund Activity: Q4 2021 in Review
86 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q4 2021, worth a combined $287M — down 4.1% from $299M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new GHY positions and 11 closed out — a net gain of 4 holders — while 25 added to existing stakes and 31 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $7.42M. The largest seller was Saba Capital Management, cutting an estimated $14.3M.
- 86 institutional investors held PGIM Global High Yield Fund (GHY) as of Q4 2021, up from 83 in Q3 2021.
- Funds reported $287M of PGIM Global High Yield Fund stock for Q4 2021, down 4.1% quarter-over-quarter.
- 15 funds opened new PGIM Global High Yield Fund positions in Q4 2021 and 11 closed out, a net change of +4 holders.
- The largest PGIM Global High Yield Fund buyer in Q4 2021 was Sit Investment Associates, an estimated $7.42M added.
- The largest PGIM Global High Yield Fund seller in Q4 2021 was Saba Capital Management, an estimated $14.3M sold.
Based on aggregated 13F filings for Q4 2021.