PGIM Global High Yield Fund
GHY
86 hedge funds and large institutions have $251M invested in PGIM Global High Yield Fund in 2022 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 22 reducing their positions, and 10 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 22
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
0% more funds holding
Funds holding: 86 → 86 (0)
0.35% less ownership
Funds ownership: 46.35% → 46.01% (-0.35%)
12% less capital invested
Capital invested by funds: $287M → $251M (-$35.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.49M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.47M |
| 3 |
Cohen & Steers
New York
|
+$1.26M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$922K |
| 5 |
IAA
Ironsides Asset Advisors
Rocky Mount,
North Carolina
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$3.07M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.35M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.05M |
| 4 |
Morgan Stanley
New York
|
-$1.58M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.23M |
GHY Hedge Fund Activity: Q1 2022 in Review
86 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q1 2022, worth a combined $251M — down 12% from $287M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GHY positions and 10 closed out — a net gain of 3 holders — while 34 added to existing stakes and 22 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $3.49M. The largest seller was Saba Capital Management, cutting an estimated $3.07M.
- 86 institutional investors held PGIM Global High Yield Fund (GHY) as of Q1 2022, unchanged from Q4 2021.
- Funds reported $251M of PGIM Global High Yield Fund stock for Q1 2022, down 12% quarter-over-quarter.
- 13 funds opened new PGIM Global High Yield Fund positions in Q1 2022 and 10 closed out, a net change of +3 holders.
- The largest PGIM Global High Yield Fund buyer in Q1 2022 was Parametric Portfolio Associates, an estimated $3.49M added.
- The largest PGIM Global High Yield Fund seller in Q1 2022 was Saba Capital Management, an estimated $3.07M sold.
Based on aggregated 13F filings for Q1 2022.