We are live on ! Find out more
ISD

PGIM High Yield Bond Fund
ISD

56 hedge funds and large institutions have $128M invested in PGIM High Yield Bond Fund in 2017 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 10 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

170% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 10

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

6% more funds holding

Funds holding: 53 → 56 (+3)

0.98% more ownership

Funds ownership: 24.05% → 25.03% (+0.98%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

6% less capital invested

Capital invested by funds: $136M → $128M (-$8.55M)

Holders
56
Holders Change
+3
Holders Change %
+5.66%
% 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
11
Increased
27
Reduced
10
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$2.03M
2
RCM
Rivernorth Capital Management
Florida
+$1.66M
3
UBS Group
UBS Group
Switzerland
+$1.55M
4
Bank of America
Bank of America
North Carolina
+$1.54M
5
CRC
Curi RMB Capital
Illinois
+$1.38M

Top Sellers

Rank Fund Capital Flow
1
LCM
Laurion Capital Management
New York
-$3.98M
2
YMRC
Yorktown Management & Research Company
Virginia
-$3.83M
3
Bessemer Group
Bessemer Group
New Jersey
-$2.07M
4
LPL Financial
LPL Financial
California
-$740K
5
Baird Financial Group
Baird Financial Group
Wisconsin
-$441K
Name Holding Trade Value Shares
Change 		Change in
Stake
RBC
51
Roble Belko & Company
Pennsylvania
$24K – – –
MCIA
52
Mountain Capital Investment Advisors
Colorado
$20K +$19.8K +1,285 New
Envestnet Asset Management
53
Envestnet Asset Management
Illinois
$17K – – –
PCM
54
Penserra Capital Management
California
$13K +$1.24K +80 +10%
BCI
55
Brinker Capital Investments
Pennsylvania
$11K +$11.2K +725 New
Creative Planning
56
Creative Planning
Kansas
$9K +$4.94K +320 +114%
SPIA
57
Steward Partners Investment Advisory
New York
$7K – – –
LCM
58
Laurion Capital Management
New York
– -$3.98M -258,464 Closed
YMRC
59
Yorktown Management & Research Company
Virginia
– -$3.83M -248,800 Closed
LPL Financial
60
LPL Financial
California
– -$740K -47,944 Closed
IPC
61
Independent Portfolio Consultants
Florida
– -$360K -23,410 Closed
PFS
62
Prospera Financial Services
Texas
– -$351K -22,850 Closed
BKA
63
Brick & Kyle Associates
Pennsylvania
– -$18K -1,160 Closed
SEI Investments
64
SEI Investments
Pennsylvania
– -$9K -600 Closed
1 2
3

ISD Hedge Fund Activity: Q2 2017 in Review

56 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q2 2017, worth a combined $128M — down 6.3% from $136M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new ISD positions and 7 closed out — a net gain of 4 holders — while 27 added to existing stakes and 10 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $2.03M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $3.98M sold.

  • 56 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q2 2017, up from 53 in Q1 2017.
  • Funds reported $128M of PGIM High Yield Bond Fund stock for Q2 2017, down 6.3% quarter-over-quarter.
  • 11 funds opened new PGIM High Yield Bond Fund positions in Q2 2017 and 7 closed out, a net change of +4 holders.
  • The largest PGIM High Yield Bond Fund buyer in Q2 2017 was Morgan Stanley, an estimated $2.03M added.
  • The largest PGIM High Yield Bond Fund seller in Q2 2017 was Laurion Capital Management, an estimated $3.98M sold.

Based on aggregated 13F filings for Q2 2017.