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ISD

PGIM High Yield Bond Fund

31 hedge funds and large institutions have $92.5M invested in PGIM High Yield Bond Fund in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 9

11% more capital invested

Capital invested by funds: $83.1M → $92.5M (+$9.47M)

1.13% more ownership

Funds ownership: 13.68%14.81% (+1.1%)

0% more funds holding

Funds holding: 3131 (0)

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

Holders
31
Holders Change
Holders Change %
0%
% of All Funds
0.9%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
12
Reduced
9
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$27.1M +$2.33M +130,858 +10%
SCM
2
Saba Capital Management
New York
$20M +$35.8K +2,014 +0.2%
Bank of America
3
Bank of America
North Carolina
$10.6M -$116K -6,521 -1%
Invesco
4
Invesco
Georgia
$7.26M +$167K +9,395 +2%
GC
5
Guggenheim Capital
Illinois
$6.51M +$6.4M +360,035 New
BTS
6
BB&T Securities
Virginia
$3.84M -$71.5K -4,024 -16%
PPA
7
Parametric Portfolio Associates
Washington
$3.19M +$1.38M +77,694 +79%
RJA
8
Raymond James & Associates
Florida
$2.94M -$268K -15,097 -8%
Wells Fargo
9
Wells Fargo
California
$2.27M +$673K +37,848 +43%
U
10
UBS
Switzerland
$1.5M +$109K +6,113 +8%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$1.1M +$46.9K +2,641 +5%
B
12
Baird
Wisconsin
$933K +$39.6K +2,228 +5%
Janney Montgomery Scott
13
Janney Montgomery Scott
Pennsylvania
$766K +$76.6K +4,307 +11%
CA
14
Cornerstone Advisors
North Carolina
$628K +$617K +34,731 New
BNP Paribas Financial Markets
15
BNP Paribas Financial Markets
France
$626K -$178K -9,999 -22%
DS
16
DRW Securities
Illinois
$602K
CIA
17
Capital Investment Advisors
Georgia
$555K +$545K +30,658 New
LPL Financial
18
LPL Financial
California
$401K +$67.9K +3,821 +21%
CI
19
Chartist Inc
California
$300K +$295K +16,600 New
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$293K +$1.9K +107 +0.7%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$278K -$12.4K -698 -4%
Deutsche Bank
22
Deutsche Bank
Germany
$267K
ICAS
23
Investors Capital Advisory Services
Massachusetts
$217K -$17.8K -1,000 -8%
Barclays
24
Barclays
United Kingdom
$144K +$142K +8,014 New
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
$105K +$103K +5,782 New

ISD Hedge Fund Activity: Q1 2014 in Review

31 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q1 2014, worth a combined $92.5M — up 11% from $83.1M a quarter earlier.

Fund positioning in ISD was balanced in Q1 2014: 7 funds opened new positions, 7 closed out, 12 added to existing stakes and 9 trimmed.

The largest buyer was Guggenheim Capital, opening a new position worth an estimated $6.4M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.59M sold.

  • 31 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q1 2014, unchanged from Q4 2013.
  • Funds reported $92.5M of PGIM High Yield Bond Fund stock for Q1 2014, up 11% quarter-over-quarter.
  • 7 funds opened new PGIM High Yield Bond Fund positions in Q1 2014 and 7 closed out, a net change of 0 holders.
  • The largest PGIM High Yield Bond Fund buyer in Q1 2014 was Guggenheim Capital, an estimated $6.4M added.
  • The largest PGIM High Yield Bond Fund seller in Q1 2014 was Shaker Financial Services, an estimated $1.59M sold.

Based on aggregated 13F filings for Q1 2014.