PGIM Global High Yield Fund
GHY
78 hedge funds and large institutions have $173M invested in PGIM Global High Yield Fund in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 32 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
4% more funds holding
Funds holding: 75 → 78 (+3)
0% less capital invested
Capital invested by funds: $174M → $173M (-$668K)
1.94% less ownership
Funds ownership: 39.2% → 37.26% (-1.9%)
31% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$945K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$938K |
| 3 |
ARC
Advisor Resource Council
Dallas,
Texas
|
+$936K |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$809K |
| 5 |
MFIM
Mesirow Financial Investment Management
Chicago,
Illinois
|
+$625K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$19.7M |
| 2 |
ACM
Advent Capital Management
New York
|
-$2.16M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.63M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.37M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$804K |
GHY Hedge Fund Activity: Q4 2023 in Review
78 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q4 2023, worth a combined $173M — down 0.38% from $174M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GHY positions and 9 closed out — a net gain of 4 holders — while 22 added to existing stakes and 32 trimmed.
The largest buyer was Landscape Capital Management, opening a new position worth an estimated $945K. The largest seller was Morgan Stanley, cutting an estimated $19.7M.
- 78 institutional investors held PGIM Global High Yield Fund (GHY) as of Q4 2023, up from 75 in Q3 2023.
- Funds reported $173M of PGIM Global High Yield Fund stock for Q4 2023, down 0.38% quarter-over-quarter.
- 13 funds opened new PGIM Global High Yield Fund positions in Q4 2023 and 9 closed out, a net change of +4 holders.
- The largest PGIM Global High Yield Fund buyer in Q4 2023 was Landscape Capital Management, an estimated $945K added.
- The largest PGIM Global High Yield Fund seller in Q4 2023 was Morgan Stanley, an estimated $19.7M sold.
Based on aggregated 13F filings for Q4 2023.