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GHY

PGIM Global High Yield Fund

76 hedge funds and large institutions have $177M invested in PGIM Global High Yield Fund in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 20

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

3% less funds holding

Funds holding: 7876 (-2)

9.21% less ownership

Funds ownership: 45.37%36.17% (-9.2%)

16% less capital invested

Capital invested by funds: $211M → $177M (-$33.9M)

Holders
76
Holders Change
-2
Holders Change %
-2.56%
% of All Funds
1.09%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
29
Reduced
20
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$40.8M -$37.4M -3,228,244 -49%
Pathstone Holdings
2
Pathstone Holdings
New Jersey
$16.6M -$303K -26,152 -2%
SIA
3
Sit Investment Associates
Minnesota
$11.3M -$144K -12,410 -1%
COLIM
4
City of London Investment Management
United Kingdom
$10.6M +$1.35M +116,763 +15%
Cohen & Steers
5
Cohen & Steers
New York
$8.81M
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$7.95M -$292K -25,268 -4%
AAM
7
Advisors Asset Management
Colorado
$7.84M +$1.26M +108,756 +20%
Invesco
8
Invesco
Georgia
$6.29M +$412K +35,601 +7%
RCM
9
Rivernorth Capital Management
Florida
$6.29M -$360K -31,078 -6%
Ameriprise
10
Ameriprise
Minnesota
$5.32M +$594K +51,304 +13%
Osaic Holdings
11
Osaic Holdings
Arizona
$4.47M +$217K +18,768 +5%
GC
12
Guggenheim Capital
Illinois
$4M -$288K -24,903 -7%
LPL Financial
13
LPL Financial
California
$3.91M +$401K +34,683 +12%
Cetera Investment Advisers
14
Cetera Investment Advisers
Illinois
$3.01M +$2.21M +190,648 +314%
Thrivent Financial for Lutherans
15
Thrivent Financial for Lutherans
Minnesota
$2.99M
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$2.77M +$42.6K +3,685 +2%
UBS Group
17
UBS Group
Switzerland
$2.23M -$483K -41,711 -18%
SFS
18
Shaker Financial Services
Virginia
$2.12M +$1.43M +123,814 +231%
First Trust Advisors
19
First Trust Advisors
Illinois
$2.12M +$188K +16,238 +10%
RA
20
RFG Advisory
Alabama
$2.11M +$7.76K +671 +0.4%
Rockefeller Capital Management
21
Rockefeller Capital Management
New York
$1.88M -$262K -22,634 -13%
LCM
22
Landscape Capital Management
New Jersey
$1.82M +$758K +65,514 +76%
CA
23
Cetera Advisors
Colorado
$1.73M +$317K +27,377 +23%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$1.57M +$113K +9,751 +8%
Bank of America
25
Bank of America
North Carolina
$1.4M -$563K -48,636 -29%

GHY Hedge Fund Activity: Q1 2024 in Review

76 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q1 2024, worth a combined $177M — down 16% from $211M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of GHY and 10 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 29 added.

The largest buyer was Cetera Investment Advisers, adding an estimated $2.21M. The largest seller was Morgan Stanley, cutting an estimated $37.4M.

  • 76 institutional investors held PGIM Global High Yield Fund (GHY) as of Q1 2024, down from 78 in Q4 2023.
  • Funds reported $177M of PGIM Global High Yield Fund stock for Q1 2024, down 16% quarter-over-quarter.
  • 10 funds opened new PGIM Global High Yield Fund positions in Q1 2024 and 11 closed out, a net change of -1 holder.
  • The largest PGIM Global High Yield Fund buyer in Q1 2024 was Cetera Investment Advisers, an estimated $2.21M added.
  • The largest PGIM Global High Yield Fund seller in Q1 2024 was Morgan Stanley, an estimated $37.4M sold.

Based on aggregated 13F filings for Q1 2024.