PGIM High Yield Bond Fund
ISD
74 hedge funds and large institutions have $137M invested in PGIM High Yield Bond Fund in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 27 reducing their positions, and 9 closing their positions.
1.42% less ownership
Funds ownership: 36.37% → 34.95% (-1.4%)
6% less funds holding
Funds holding: 79 → 74 (-5)
9% less capital invested
Capital invested by funds: $151M → $137M (-$13.4M)
19% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 27
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
API
Advisor Partners II
Walnut Creek,
California
|
+$2.57M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.36M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$780K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$745K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$423K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.97M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$3.18M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$814K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$770K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
-$663K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
76
Huntington National Bank
Columbus,
Ohio
| $24 | – | – | – |
|
|
RA
77
RFG Advisory
Birmingham,
Alabama
| – | -$499K | -40,152 | Closed |
|
|
ACH
78
ArrowMark Colorado Holdings
Denver,
Colorado
| – | -$305K | -24,589 | Closed |
|
|
AWS
79
Atria Wealth Solutions
New York
| – | -$172K | -13,841 | Closed |
|
|
CWA
80
Capital Wealth Alliance
Scottsdale,
Arizona
| – | -$125K | -10,092 | Closed |
|
81
JP Morgan Chase
New York
| – | -$98.7K | -7,945 | Closed |
|
82
Rockefeller Capital Management
New York
| – | -$71.8K | -5,781 | Closed |
|
|
TRCT
83
Tower Research Capital (TRC)
New York
| – | -$3.09K | -249 | Closed |
|
84
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$2K | -190 | Closed |
|
|
EWA
85
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$2.25K | -181 | Closed |
|
ISD Hedge Fund Activity: Q3 2023 in Review
74 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q3 2023, worth a combined $137M — down 8.9% from $151M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ISD and 5 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 22 added.
The largest buyer was Advisor Partners II, opening a new position worth an estimated $2.57M. The largest seller was Morgan Stanley, cutting an estimated $3.97M.
- 74 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q3 2023, down from 79 in Q2 2023.
- Funds reported $137M of PGIM High Yield Bond Fund stock for Q3 2023, down 8.9% quarter-over-quarter.
- 5 funds opened new PGIM High Yield Bond Fund positions in Q3 2023 and 9 closed out, a net change of -4 holders.
- The largest PGIM High Yield Bond Fund buyer in Q3 2023 was Advisor Partners II, an estimated $2.57M added.
- The largest PGIM High Yield Bond Fund seller in Q3 2023 was Morgan Stanley, an estimated $3.97M sold.
Based on aggregated 13F filings for Q3 2023.