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ISD

PGIM High Yield Bond Fund

45 hedge funds and large institutions have $114M invested in PGIM High Yield Bond Fund in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

0% more funds holding

Funds holding: 4545 (0)

0.67% less ownership

Funds ownership: 24.03%23.37% (-0.67%)

8% less capital invested

Capital invested by funds: $124M → $114M (-$9.75M)

35% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 17

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
45
Holders Change
Holders Change %
0%
% of All Funds
1.26%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
10
Increased
11
Reduced
17
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BTS
26
BB&T Securities
Virginia
$514K -$31.9K -2,135 -6%
HNB
27
Huntington National Bank
Ohio
$510K
EVM
28
Eaton Vance Management
Massachusetts
$487K +$497K +33,257 New
MIG
29
Mariner Investment Group
New York
$480K +$489K +32,762 New
AA
30
Ancora Advisors
Ohio
$415K +$423K +28,318 New
YMRC
31
Yorktown Management & Research Company
Virginia
$396K +$403K +27,000 New
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$381K -$3.76K -252 -1%
SCM
33
Saba Capital Management
New York
$381K
CP
34
Camelot Portfolios
Ohio
$293K +$74.7K +5,000 +33%
Commonwealth Equity Services
35
Commonwealth Equity Services
Massachusetts
$292K -$11.4K -764 -4%
ICAS
36
Investors Capital Advisory Services
Massachusetts
$197K -$25.4K -1,700 -11%
TJHA
37
Thomas J. Herzfeld Advisors
Florida
$87K -$16K -1,070 -15%
Bank of Montreal
38
Bank of Montreal
Ontario, Canada
$87K +$88.6K +5,932 New
Envestnet Asset Management
39
Envestnet Asset Management
Illinois
$68K +$69.1K +4,630 New
PNC Financial Services Group
40
PNC Financial Services Group
Pennsylvania
$51K
MFS
41
MSI Financial Services
Massachusetts
$45K -$10.5K -700 -18%
RBC
42
Roble Belko & Company
Pennsylvania
$23K
BFEC
43
Benjamin F. Edwards & Company
Missouri
$9K
Creative Planning
44
Creative Planning
Kansas
$4K +$4.18K +280 New
US Bancorp
45
US Bancorp
Minnesota
$1K
Citigroup
46
Citigroup
New York
$1K +$45 +3 +4%
CRC
47
Curi RMB Capital
Illinois
-$2.52M -163,183 Closed
SFS
48
Shaker Financial Services
Virginia
-$1.29M -83,563 Closed
LCM
49
Laurion Capital Management
New York
-$901K -58,267 Closed
FFA
50
Fragasso Financial Advisors
Pennsylvania
-$398K -25,775 Closed

ISD Hedge Fund Activity: Q3 2015 in Review

45 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q3 2015, worth a combined $114M — down 7.9% from $124M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new ISD positions and 9 closed out — a net gain of 1 holder — while 11 added to existing stakes and 17 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $2.27M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $2.52M sold.

  • 45 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q3 2015, unchanged from Q2 2015.
  • Funds reported $114M of PGIM High Yield Bond Fund stock for Q3 2015, down 7.9% quarter-over-quarter.
  • 10 funds opened new PGIM High Yield Bond Fund positions in Q3 2015 and 9 closed out, a net change of +1 holder.
  • The largest PGIM High Yield Bond Fund buyer in Q3 2015 was Rivernorth Capital Management, an estimated $2.27M added.
  • The largest PGIM High Yield Bond Fund seller in Q3 2015 was Curi RMB Capital, an estimated $2.52M sold.

Based on aggregated 13F filings for Q3 2015.