PGIM High Yield Bond Fund
ISD
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.
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: 31 → 31 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$6.4M |
| 2 |
Morgan Stanley
New York
|
+$2.33M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.38M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$673K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$617K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.59M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.03M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$903K |
| 4 |
SG Americas Securities
New York
|
-$629K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$604K |
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.