PGIM Global High Yield Fund
GHY
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, 30 increasing their positions, 19 reducing their positions, and 11 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 19
2% more capital invested
Capital invested by funds: $173M → $177M (+$3.77M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1.09% less ownership
Funds ownership: 37.26% → 36.17% (-1.1%)
3% less funds holding
Funds holding: 78 → 76 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.21M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.43M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.35M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.26M |
| 5 |
Morgan Stanley
New York
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$12.2M |
| 2 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$866K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$563K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$483K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$360K |
GHY Hedge Fund Activity: Q1 2024 in Review
76 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q1 2024, worth a combined $177M — up 2.2% from $173M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of GHY and 10 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 30 added.
The largest buyer was Cetera Investment Advisers, adding an estimated $2.21M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $12.2M sold.
- 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, up 2.2% 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 Penserra Capital Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q1 2024.