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ISD

PGIM High Yield Bond Fund

71 hedge funds and large institutions have $183M invested in PGIM High Yield Bond Fund in 2019 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 26 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

8% more funds holding

Funds holding: 6671 (+5)

6% more capital invested

Capital invested by funds: $173M → $183M (+$10.6M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.77% less ownership

Funds ownership: 38.47%35.7% (-2.8%)

23% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 26

Holders
71
Holders Change
+5
Holders Change %
+7.58%
% of All Funds
1.4%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
12
Increased
20
Reduced
26
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
26
Advisors Asset Management
Colorado
$1.22M -$16.9K -1,132 -1%
CP
27
Camelot Portfolios
Ohio
$1.2M -$14.1K -941 -1%
Ameriprise
28
Ameriprise
Minnesota
$1.11M -$163K -10,930 -13%
DC
29
Davenport & Co
Virginia
$1.03M +$1M +67,045 New
HCM
30
Hilton Capital Management
New York
$924K +$150K +10,000 +20%
LPL Financial
31
LPL Financial
California
$821K -$179K -11,998 -18%
ACH
32
ArrowMark Colorado Holdings
Colorado
$796K
PAG
33
Private Advisor Group
New Jersey
$748K +$350K +23,410 +93%
22CM
34
20/20 Capital Management
California
$729K +$698K +46,673 New
PFO
35
Pathstone Family Office
New Jersey
$665K +$64.5K +4,315 New
ACP
36
Aviance Capital Partners
Florida
$500K +$88.4K +5,915 +22%
Commonwealth Equity Services
37
Commonwealth Equity Services
Massachusetts
$384K +$41.3K +2,759 +12%
RBC
38
Roble Belko & Company
Pennsylvania
$376K +$12.6K +842 +4%
CWM
39
Cornerstone Wealth Management
Missouri
$335K +$15.6K +1,040 +5%
SPIA
40
Steward Partners Investment Advisory
New York
$295K +$34.7K +2,323 +14%
Truist Financial
41
Truist Financial
North Carolina
$295K +$286K +19,129 New
PIA
42
Powell Investment Advisors
Florida
$294K +$284K +18,967 New
Bank of Montreal
43
Bank of Montreal
Ontario, Canada
$293K
IAA
44
Independent Advisor Alliance
North Carolina
$277K +$269K +18,000 New
RJT
45
Raymond James Trust
Florida
$266K -$25.7K -1,719 -9%
First Trust Advisors
46
First Trust Advisors
Illinois
$251K -$51.3K -3,430 -17%
MAFM
47
Mid Atlantic Financial Management
Pennsylvania
$237K +$230K +15,400 New
FIA
48
FNY Investment Advisers
New York
$228K +$126K +8,449 +132%
Northwestern Mutual Wealth Management
49
Northwestern Mutual Wealth Management
Wisconsin
$227K +$8.78K +587 +4%
FFN
50
Focus Financial Network
Minnesota
$213K

ISD Hedge Fund Activity: Q4 2019 in Review

71 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q4 2019, worth a combined $183M — up 6.1% from $173M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new ISD positions and 6 closed out — a net gain of 6 holders — while 20 added to existing stakes and 26 trimmed.

The largest buyer was Penserra Capital Management, opening a new position worth an estimated $10.3M. The largest seller was Vident Investment Advisory, exiting entirely with an estimated $9.82M sold.

  • 71 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q4 2019, up from 66 in Q3 2019.
  • Funds reported $183M of PGIM High Yield Bond Fund stock for Q4 2019, up 6.1% quarter-over-quarter.
  • 12 funds opened new PGIM High Yield Bond Fund positions in Q4 2019 and 6 closed out, a net change of +6 holders.
  • The largest PGIM High Yield Bond Fund buyer in Q4 2019 was Penserra Capital Management, an estimated $10.3M added.
  • The largest PGIM High Yield Bond Fund seller in Q4 2019 was Vident Investment Advisory, an estimated $9.82M sold.

Based on aggregated 13F filings for Q4 2019.