PGIM High Yield Bond Fund
ISD
82 hedge funds and large institutions have $163M invested in PGIM High Yield Bond Fund in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
19% more capital invested
Capital invested by funds: $137M → $163M (+$25.4M)
11% more funds holding
Funds holding: 74 → 82 (+8)
4.74% more ownership
Funds ownership: 34.95% → 39.69% (+4.7%)
8% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.3M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.41M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.32M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.13M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$644K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$3.36M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.16M |
| 3 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$963K |
| 4 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$919K |
| 5 |
AIM
AHL Investment Management
Winter Park,
Florida
|
-$617K |
ISD Hedge Fund Activity: Q4 2023 in Review
82 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q4 2023, worth a combined $163M — up 19% from $137M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ISD positions and 4 closed out — a net gain of 10 holders — while 28 added to existing stakes and 26 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $12.3M. The largest seller was Allspring Global Investments, exiting entirely with an estimated $3.36M sold.
- 82 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q4 2023, up from 74 in Q3 2023.
- Funds reported $163M of PGIM High Yield Bond Fund stock for Q4 2023, up 19% quarter-over-quarter.
- 14 funds opened new PGIM High Yield Bond Fund positions in Q4 2023 and 4 closed out, a net change of +10 holders.
- The largest PGIM High Yield Bond Fund buyer in Q4 2023 was Morgan Stanley, an estimated $12.3M added.
- The largest PGIM High Yield Bond Fund seller in Q4 2023 was Allspring Global Investments, an estimated $3.36M sold.
Based on aggregated 13F filings for Q4 2023.