PGIM High Yield Bond Fund
ISD
44 hedge funds and large institutions have $122M invested in PGIM High Yield Bond Fund in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 8 reducing their positions, and 8 closing their positions.
163% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 8
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
5% more funds holding
Funds holding: 42 → 44 (+2)
0.77% more ownership
Funds ownership: 20.67% → 21.44% (+0.77%)
1% more capital invested
Capital invested by funds: $121M → $122M (+$695K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.23M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.87M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.7M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.15M |
| 5 |
HNB
Huntington National Bank
Columbus,
Ohio
|
+$887K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$2.76M |
| 2 |
Morgan Stanley
New York
|
-$2.41M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.53M |
| 4 |
Citigroup
New York
|
-$981K |
| 5 |
KSCM
Kamunting Street Capital Management
Miami Beach,
Florida
|
-$544K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NPC
51
National Planning Corporation
El Segundo,
California
| – | -$9.75K | -600 | Closed |
|
52
Creative Planning
Overland Park,
Kansas
| – | +$82 | +5 | New |
|
ISD Hedge Fund Activity: Q1 2015 in Review
44 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q1 2015, worth a combined $122M — up 0.57% from $121M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ISD positions and 8 closed out — a net gain of 2 holders — while 21 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $3.23M. The largest seller was SG Americas Securities, exiting entirely with an estimated $2.76M sold.
- 44 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q1 2015, up from 42 in Q4 2014.
- Funds reported $122M of PGIM High Yield Bond Fund stock for Q1 2015, up 0.57% quarter-over-quarter.
- 10 funds opened new PGIM High Yield Bond Fund positions in Q1 2015 and 8 closed out, a net change of +2 holders.
- The largest PGIM High Yield Bond Fund buyer in Q1 2015 was Bank of America, an estimated $3.23M added.
- The largest PGIM High Yield Bond Fund seller in Q1 2015 was SG Americas Securities, an estimated $2.76M sold.
Based on aggregated 13F filings for Q1 2015.