PGIM High Yield Bond Fund
ISD
49 hedge funds and large institutions have $140M invested in PGIM High Yield Bond Fund in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 4 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
4% more funds holding
Funds holding: 47 → 49 (+2)
1.38% more ownership
Funds ownership: 23.07% → 24.45% (+1.4%)
3% more capital invested
Capital invested by funds: $135M → $140M (+$4.44M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$3.59M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$2.22M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.72M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.68M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.43M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.15M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$958K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$770K |
| 5 |
Morgan Stanley
New York
|
-$504K |
ISD Hedge Fund Activity: Q4 2016 in Review
49 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q4 2016, worth a combined $140M — up 3.3% from $135M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ISD positions and 4 closed out — a net gain of 2 holders — while 19 added to existing stakes and 12 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $3.59M. The largest seller was Advisors Asset Management, cutting an estimated $1.43M.
- 49 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q4 2016, up from 47 in Q3 2016.
- Funds reported $140M of PGIM High Yield Bond Fund stock for Q4 2016, up 3.3% quarter-over-quarter.
- 6 funds opened new PGIM High Yield Bond Fund positions in Q4 2016 and 4 closed out, a net change of +2 holders.
- The largest PGIM High Yield Bond Fund buyer in Q4 2016 was Laurion Capital Management, an estimated $3.59M added.
- The largest PGIM High Yield Bond Fund seller in Q4 2016 was Advisors Asset Management, an estimated $1.43M sold.
Based on aggregated 13F filings for Q4 2016.