PGIM High Yield Bond Fund
ISD
81 hedge funds and large institutions have $155M invested in PGIM High Yield Bond Fund in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 37 reducing their positions, and 17 closing their positions.
3% less capital invested
Capital invested by funds: $160M → $155M (-$4.21M)
1.59% less ownership
Funds ownership: 40.72% → 39.13% (-1.6%)
13% less funds holding
Funds holding: 93 → 81 (-12)
38% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 37
65% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$965K |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$605K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$552K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$542K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$519K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
GraniteShares Advisors
New York
|
-$2.23M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$998K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$897K |
| 4 |
FIM
FWL Investment Management
Dallas,
Texas
|
-$693K |
| 5 |
Cohen & Steers
New York
|
-$587K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -123 | Closed |
|
ISD Hedge Fund Activity: Q1 2023 in Review
81 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q1 2023, worth a combined $155M — down 2.6% from $160M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of ISD and 6 opened new positions — a net loss of 11 holders — while 37 trimmed existing stakes and 23 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $965K. The largest seller was GraniteShares Advisors, exiting entirely with an estimated $2.23M sold.
- 81 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q1 2023, down from 93 in Q4 2022.
- Funds reported $155M of PGIM High Yield Bond Fund stock for Q1 2023, down 2.6% quarter-over-quarter.
- 6 funds opened new PGIM High Yield Bond Fund positions in Q1 2023 and 17 closed out, a net change of -11 holders.
- The largest PGIM High Yield Bond Fund buyer in Q1 2023 was Commonwealth Equity Services, an estimated $965K added.
- The largest PGIM High Yield Bond Fund seller in Q1 2023 was GraniteShares Advisors, an estimated $2.23M sold.
Based on aggregated 13F filings for Q1 2023.