PGIM High Yield Bond Fund
ISD
72 hedge funds and large institutions have $133M invested in PGIM High Yield Bond Fund in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 25 reducing their positions, and 11 closing their positions.
4% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 25
2.37% less ownership
Funds ownership: 33.46% → 31.09% (-2.4%)
8% less capital invested
Capital invested by funds: $144M → $133M (-$11.3M)
11% less funds holding
Funds holding: 81 → 72 (-9)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
SteelPeak Wealth
Woodland Hills,
California
|
+$3.33M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.44M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.18M |
| 4 |
LPL Financial
San Diego,
California
|
+$907K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$587K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$4.24M |
| 2 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$3.55M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.36M |
| 4 |
Morgan Stanley
New York
|
-$2.21M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NW
76
NewEdge Wealth
Pittsburgh,
Pennsylvania
| – | -$745K | -59,539 | Closed |
|
|
MFIM
77
Mesirow Financial Investment Management
Chicago,
Illinois
| – | -$251K | -19,304 | Closed |
|
|
AA
78
AQR Arbitrage
Greenwich,
Connecticut
| – | -$141K | -10,864 | Closed |
|
79
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$134K | -10,290 | Closed |
|
|
SP
80
Stonebrook Private
Northville,
Michigan
| – | -$133K | -10,233 | Closed |
|
81
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$65.3K | -5,025 | Closed |
|
|
ACM
82
Anfield Capital Management
Irvine,
California
| – | -$57.7K | -4,442 | Closed |
|
|
CYG
83
Clean Yield Group
Norwich,
Vermont
| – | -$26K | -2,000 | Closed |
|
|
SWM
84
Spire Wealth Management
Mclean,
Virginia
| – | -$11.9K | -913 | Closed |
|
ISD Hedge Fund Activity: Q2 2024 in Review
72 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q2 2024, worth a combined $133M — down 7.8% from $144M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ISD and 6 opened new positions — a net loss of 5 holders — while 25 trimmed existing stakes and 24 added.
The largest buyer was SteelPeak Wealth, adding an estimated $3.33M. The largest seller was City of London Investment Management, cutting an estimated $4.24M.
- 72 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q2 2024, down from 81 in Q1 2024.
- Funds reported $133M of PGIM High Yield Bond Fund stock for Q2 2024, down 7.8% quarter-over-quarter.
- 6 funds opened new PGIM High Yield Bond Fund positions in Q2 2024 and 11 closed out, a net change of -5 holders.
- The largest PGIM High Yield Bond Fund buyer in Q2 2024 was SteelPeak Wealth, an estimated $3.33M added.
- The largest PGIM High Yield Bond Fund seller in Q2 2024 was City of London Investment Management, an estimated $4.24M sold.
Based on aggregated 13F filings for Q2 2024.