PGIM High Yield Bond Fund
ISD
31 hedge funds and large institutions have $92.5M invested in PGIM High Yield Bond Fund in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
11% more capital invested
Capital invested by funds: $83.1M → $92.5M (+$9.47M)
1.13% more ownership
Funds ownership: 13.68% → 14.81% (+1.1%)
0% more funds holding
Funds holding: 31 → 31 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$6.4M |
| 2 |
Morgan Stanley
New York
|
+$2.33M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.38M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$673K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$617K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.59M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.03M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$903K |
| 4 |
SG Americas Securities
New York
|
-$629K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$604K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $90K | -$4.8K | -270 | -5% |
|
|
BRWM
27
B. Riley Wealth Management
Memphis,
Tennessee
| $32K | +$31.1K | +1,749 | New |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $4K | -$35.6K | -2,005 | -91% |
|
|
MA
29
MUFG Americas
New York
| $3K | +$2.01K | +113 | +166% |
|
30
Creative Planning
Overland Park,
Kansas
| $2K | – | – | – |
|
31
Citigroup
New York
| $1K | -$49.2K | -2,766 | -98% |
|
|
SFS
32
Shaker Financial Services
Arlington,
Virginia
| – | -$1.59M | -91,408 | Closed |
|
|
RCM
33
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$1.03M | -59,099 | Closed |
|
|
WAM
34
Wolverine Asset Management
Chicago,
Illinois
| – | -$903K | -51,977 | Closed |
|
|
35
SG Americas Securities
New York
| – | -$629K | -36,170 | Closed |
|
|
PP
36
Paloma Partners
Greenwich,
Connecticut
| – | -$604K | -34,747 | Closed |
|
|
VKH
37
Virtu KCG Holdings
New York
| – | -$436K | -25,051 | Closed |
|
38
Jane Street
New York
| – | -$329K | -18,923 | Closed |
|
ISD Hedge Fund Activity: Q1 2014 in Review
31 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q1 2014, worth a combined $92.5M — up 11% from $83.1M a quarter earlier.
Fund positioning in ISD was balanced in Q1 2014: 7 funds opened new positions, 7 closed out, 12 added to existing stakes and 9 trimmed.
The largest buyer was Guggenheim Capital, opening a new position worth an estimated $6.4M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.59M sold.
- 31 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $92.5M of PGIM High Yield Bond Fund stock for Q1 2014, up 11% quarter-over-quarter.
- 7 funds opened new PGIM High Yield Bond Fund positions in Q1 2014 and 7 closed out, a net change of 0 holders.
- The largest PGIM High Yield Bond Fund buyer in Q1 2014 was Guggenheim Capital, an estimated $6.4M added.
- The largest PGIM High Yield Bond Fund seller in Q1 2014 was Shaker Financial Services, an estimated $1.59M sold.
Based on aggregated 13F filings for Q1 2014.