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ISD

PGIM High Yield Bond Fund

69 hedge funds and large institutions have $132M invested in PGIM High Yield Bond Fund in 2017 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 23 increasing their positions, 25 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 10

13% more funds holding

Funds holding: 6169 (+8)

1.67% more ownership

Funds ownership: 25.06%26.74% (+1.7%)

3% more capital invested

Capital invested by funds: $128M → $132M (+$3.67M)

8% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 25

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
69
Holders Change
+8
Holders Change %
+13.11%
% of All Funds
1.56%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
23
Reduced
25
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
51
First Trust Advisors
Illinois
$260K -$20.5K -1,367 -7%
OIA
52
Optimum Investment Advisors
Illinois
$224K +$36.5K +2,437 +19%
TSS
53
Two Sigma Securities
New York
$219K +$221K +14,794 New
TJHA
54
Thomas J. Herzfeld Advisors
Florida
$199K +$202K +13,497 New
AWA
55
Arete Wealth Advisors
Illinois
$188K -$162K -10,851 -46%
Fiera Capital (Canada)
56
Fiera Capital (Canada)
Quebec, Canada
$186K -$1.21K -81 -0.6%
Bank of New York Mellon
57
Bank of New York Mellon
New York
$182K +$185K +12,336 New
SWM
58
SeaCrest Wealth Management
New York
$135K +$137K +9,154 New
NSIM
59
North Star Investment Management
Illinois
$89K +$89.8K +6,000 New
PFGIA
60
Patriot Financial Group Insurance Agency
Massachusetts
$83K +$15K +1,000 +22%
Envestnet Asset Management
61
Envestnet Asset Management
Illinois
$82K +$64.7K +4,321 +354%
PNC Financial Services Group
62
PNC Financial Services Group
Pennsylvania
$45K +$494 +33 +1%
IA
63
IFP Advisors
Florida
$32K -$80.4K -5,376 -71%
MOS
64
MGO One Seven
Ohio
$31K +$31.2K +2,084 New
SWP
65
Stratos Wealth Partners
Ohio
$23K +$23.6K +1,575 New
CA
66
Calton & Associates
Florida
$20K +$20.5K +1,367 New
SEI Investments
67
SEI Investments
Pennsylvania
$15K +$15K +1,000 New
AFNAS
68
American Financial Network Advisory Services
California
$10K
GTAM
69
Global Trust Asset Management
Florida
$4K +$4.49K +300 New
Kovitz Investment Group Partners
70
Kovitz Investment Group Partners
Illinois
$450 -$55.4K -3,705 -11%
ACM
71
Arlington Capital Management
Illinois
-$1.02M -67,075 Closed
AMH
72
Apollo Management Holdings
New York
-$1.02M -66,806 Closed
SI
73
SII Investments
Wisconsin
-$889K -58,400 Closed
VF
74
Virtu Financial
New York
-$271K -17,773 Closed
SMG
75
Spectrum Management Group
Indiana
-$237K -15,500 Closed

ISD Hedge Fund Activity: Q4 2017 in Review

69 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q4 2017, worth a combined $132M — up 2.9% from $128M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new ISD positions and 10 closed out — a net gain of 8 holders — while 23 added to existing stakes and 25 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $6.32M. The largest seller was Shaker Financial Services, cutting an estimated $3.7M.

  • 69 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q4 2017, up from 61 in Q3 2017.
  • Funds reported $132M of PGIM High Yield Bond Fund stock for Q4 2017, up 2.9% quarter-over-quarter.
  • 18 funds opened new PGIM High Yield Bond Fund positions in Q4 2017 and 10 closed out, a net change of +8 holders.
  • The largest PGIM High Yield Bond Fund buyer in Q4 2017 was Rivernorth Capital Management, an estimated $6.32M added.
  • The largest PGIM High Yield Bond Fund seller in Q4 2017 was Shaker Financial Services, an estimated $3.7M sold.

Based on aggregated 13F filings for Q4 2017.