PGIM High Yield Bond Fund
ISD
82 hedge funds and large institutions have $180M invested in PGIM High Yield Bond Fund in 2020 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
15% more funds holding
Funds holding: 71 → 82 (+11)
10% more capital invested
Capital invested by funds: $164M → $180M (+$15.9M)
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
0.37% more ownership
Funds ownership: 35.74% → 36.11% (+0.37%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.88M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.02M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$814K |
| 4 |
VAG
VisionPoint Advisory Group
Dallas,
Texas
|
+$793K |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$766K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$7.25M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$762K |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$720K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$291K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$200K |
ISD Hedge Fund Activity: Q4 2020 in Review
82 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q4 2020, worth a combined $180M — up 9.6% from $164M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ISD positions and 5 closed out — a net gain of 11 holders — while 27 added to existing stakes and 26 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $1.88M. The largest seller was Saba Capital Management, cutting an estimated $7.25M.
- 82 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q4 2020, up from 71 in Q3 2020.
- Funds reported $180M of PGIM High Yield Bond Fund stock for Q4 2020, up 9.6% quarter-over-quarter.
- 16 funds opened new PGIM High Yield Bond Fund positions in Q4 2020 and 5 closed out, a net change of +11 holders.
- The largest PGIM High Yield Bond Fund buyer in Q4 2020 was Parametric Portfolio Associates, an estimated $1.88M added.
- The largest PGIM High Yield Bond Fund seller in Q4 2020 was Saba Capital Management, an estimated $7.25M sold.
Based on aggregated 13F filings for Q4 2020.