PGIM Global High Yield Fund
GHY
80 hedge funds and large institutions have $210M invested in PGIM Global High Yield Fund in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 18 reducing their positions, and 16 closing their positions.
94% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 18
1.22% less ownership
Funds ownership: 46.01% → 44.79% (-1.2%)
7% less funds holding
Funds holding: 86 → 80 (-6)
16% less capital invested
Capital invested by funds: $251M → $210M (-$41.1M)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$64.7M |
| 2 |
BlackRock
New York
|
+$1.53M |
| 3 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$1.53M |
| 4 |
ARC
Advisor Resource Council
Dallas,
Texas
|
+$1.09M |
| 5 |
QC
Quantedge Capital
Singapore
|
+$491K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$5.32M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.33M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.29M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$922K |
| 5 |
H6H
Hightower 6M Holding
Wichita,
Kansas
|
-$760K |
GHY Hedge Fund Activity: Q2 2022 in Review
80 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q2 2022, worth a combined $210M — down 16% from $251M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of GHY and 11 opened new positions — a net loss of 5 holders — while 18 trimmed existing stakes and 35 added.
The largest buyer was Morgan Stanley, adding an estimated $64.7M. The largest seller was Eaton Vance Management, cutting an estimated $5.32M.
- 80 institutional investors held PGIM Global High Yield Fund (GHY) as of Q2 2022, down from 86 in Q1 2022.
- Funds reported $210M of PGIM Global High Yield Fund stock for Q2 2022, down 16% quarter-over-quarter.
- 11 funds opened new PGIM Global High Yield Fund positions in Q2 2022 and 16 closed out, a net change of -5 holders.
- The largest PGIM Global High Yield Fund buyer in Q2 2022 was Morgan Stanley, an estimated $64.7M added.
- The largest PGIM Global High Yield Fund seller in Q2 2022 was Eaton Vance Management, an estimated $5.32M sold.
Based on aggregated 13F filings for Q2 2022.