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ISD

PGIM High Yield Bond Fund

73 hedge funds and large institutions have $171M invested in PGIM High Yield Bond Fund in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 23 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 8

30% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 23

12% more funds holding

Funds holding: 6573 (+8)

3.87% more ownership

Funds ownership: 35.66%39.54% (+3.9%)

2% more capital invested

Capital invested by funds: $168M → $171M (+$3.01M)

Holders
73
Holders Change
+8
Holders Change %
+12.31%
% of All Funds
1.63%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
16
Increased
30
Reduced
23
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LHC
26
Little House Capital
Massachusetts
$1.09M +$1.12M +82,923 New
CP
27
Camelot Portfolios
Ohio
$997K +$407K +30,034 +65%
LPL Financial
28
LPL Financial
California
$781K +$95.5K +7,052 +13%
RCM
29
Robinson Capital Management
Michigan
$709K -$2.24M -165,096 -75%
Ameriprise
30
Ameriprise
Minnesota
$693K -$69.1K -5,102 -9%
ACH
31
ArrowMark Colorado Holdings
Colorado
$689K -$190K -14,000 -21%
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$656K -$617K -45,530 -47%
HCM
33
Hilton Capital Management
New York
$654K +$680K +50,200 New
AA
34
AQR Arbitrage
Connecticut
$643K +$404K +29,795 +152%
ACP
35
Aviance Capital Partners
Florida
$578K -$2.26K -167 -0.4%
WAM
36
Weiss Asset Management
Massachusetts
$565K +$588K +43,397 New
6M
37
6 Meridian
Kansas
$468K -$3.59K -265 -0.7%
BTS
38
BB&T Securities
Virginia
$455K +$118K +8,724 +33%
PAS
39
Park Avenue Securities
New York
$309K +$12.5K +920 +4%
RBC
40
Roble Belko & Company
Pennsylvania
$307K +$3.05K +225 +1%
Northwestern Mutual Wealth Management
41
Northwestern Mutual Wealth Management
Wisconsin
$297K +$31.4K +2,319 +11%
RJT
42
Raymond James Trust
Florida
$276K +$123K +9,093 +75%
GC
43
Guggenheim Capital
Illinois
$268K -$17.3K -1,278 -6%
Commonwealth Equity Services
44
Commonwealth Equity Services
Massachusetts
$256K -$16.4K -1,211 -6%
Envestnet Asset Management
45
Envestnet Asset Management
Illinois
$247K +$59.3K +4,377 +30%
Fiera Capital (Canada)
46
Fiera Capital (Canada)
Quebec, Canada
$235K +$9.42K +695 +4%
First Trust Advisors
47
First Trust Advisors
Illinois
$222K -$11.7K -864 -5%
9WM
48
9258 Wealth Management
Ohio
$196K +$203K +15,009 New
MSL
49
Mackay Shields LLC
New York
$195K +$203K +15,000 New
AAM
50
Advisors Asset Management
Colorado
$182K +$189K +13,953 New

ISD Hedge Fund Activity: Q4 2018 in Review

73 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q4 2018, worth a combined $171M — up 1.8% from $168M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new ISD positions and 8 closed out — a net gain of 8 holders — while 30 added to existing stakes and 23 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $11.5M. The largest seller was UBS Group, cutting an estimated $4.49M.

  • 73 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q4 2018, up from 65 in Q3 2018.
  • Funds reported $171M of PGIM High Yield Bond Fund stock for Q4 2018, up 1.8% quarter-over-quarter.
  • 16 funds opened new PGIM High Yield Bond Fund positions in Q4 2018 and 8 closed out, a net change of +8 holders.
  • The largest PGIM High Yield Bond Fund buyer in Q4 2018 was Saba Capital Management, an estimated $11.5M added.
  • The largest PGIM High Yield Bond Fund seller in Q4 2018 was UBS Group, an estimated $4.49M sold.

Based on aggregated 13F filings for Q4 2018.