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ISD

PGIM High Yield Bond Fund

71 hedge funds and large institutions have $183M invested in PGIM High Yield Bond Fund in 2019 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 26 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

8% more funds holding

Funds holding: 6671 (+5)

6% more capital invested

Capital invested by funds: $173M → $183M (+$10.6M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.77% less ownership

Funds ownership: 38.47%35.7% (-2.8%)

23% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 26

Holders
71
Holders Change
+5
Holders Change %
+7.58%
% 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
12
Increased
20
Reduced
26
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fiera Capital (Canada)
51
Fiera Capital (Canada)
Quebec, Canada
$207K
9WM
52
9258 Wealth Management
Ohio
$184K -$41.6K -2,785 -19%
Citigroup
53
Citigroup
New York
$169K -$124K -8,280 -43%
P
54
&Partners
Tennessee
$162K
LCM
55
Landscape Capital Management
New Jersey
$156K -$807K -53,986 -84%
Stifel Financial
56
Stifel Financial
Missouri
$154K -$4.22K -282 -3%
PFGIA
57
Patriot Financial Group Insurance Agency
Massachusetts
$147K +$2.45K +164 +2%
OIA
58
Optimum Investment Advisors
Illinois
$123K
LC
59
Lindbrook Capital
California
$92K
NSIM
60
North Star Investment Management
Illinois
$92K
PNC Financial Services Group
61
PNC Financial Services Group
Pennsylvania
$23K
BFEC
62
Benjamin F. Edwards & Company
Missouri
$21K
ASN
63
Advisory Services Network
Georgia
$17K -$30 -2 -0.2%
Rockefeller Capital Management
64
Rockefeller Capital Management
New York
$15K -$12.9K -863 -46%
PAM
65
Panagora Asset Management
Massachusetts
$9K -$11.8K -792 -58%
NFG
66
Next Financial Group
Texas
$8K +$7.48K +500 New
GWM
67
Geneos Wealth Management
Colorado
$3K
S
68
SignatureFD
Georgia
$3K +$2.99K +200 New
SFS
69
Sowell Financial Services
Arkansas
$1K -$30 -2 -2%
Carson Wealth (CWM LLC)
70
Carson Wealth (CWM LLC)
Nebraska
$1K
VIA
71
Vident Investment Advisory
Georgia
-$9.82M -657,073 Closed
Kovitz Investment Group Partners
72
Kovitz Investment Group Partners
Illinois
-$4.25M -284,490 Closed
KMWM
73
Keudell/Morrison Wealth Management
Oregon
-$152K -10,180 Closed
QCIG
74
Quad-Cities Investment Group
Iowa
-$51K -3,407 Closed
CIAS
75
Capital Investment Advisory Services
North Carolina
-$45K -3,000 Closed

ISD Hedge Fund Activity: Q4 2019 in Review

71 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q4 2019, worth a combined $183M — up 6.1% from $173M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new ISD positions and 6 closed out — a net gain of 6 holders — while 20 added to existing stakes and 26 trimmed.

The largest buyer was Penserra Capital Management, opening a new position worth an estimated $10.3M. The largest seller was Vident Investment Advisory, exiting entirely with an estimated $9.82M sold.

  • 71 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q4 2019, up from 66 in Q3 2019.
  • Funds reported $183M of PGIM High Yield Bond Fund stock for Q4 2019, up 6.1% quarter-over-quarter.
  • 12 funds opened new PGIM High Yield Bond Fund positions in Q4 2019 and 6 closed out, a net change of +6 holders.
  • The largest PGIM High Yield Bond Fund buyer in Q4 2019 was Penserra Capital Management, an estimated $10.3M added.
  • The largest PGIM High Yield Bond Fund seller in Q4 2019 was Vident Investment Advisory, an estimated $9.82M sold.

Based on aggregated 13F filings for Q4 2019.