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ISD

PGIM High Yield Bond Fund

39 hedge funds and large institutions have $89.3M invested in PGIM High Yield Bond Fund in 2014 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

267% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 3

143% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 7

26% more funds holding

Funds holding: 3139 (+8)

0.42% less ownership

Funds ownership: 14.81%14.39% (-0.42%)

3% less capital invested

Capital invested by funds: $92.5M → $89.3M (-$3.21M)

Holders
39
Holders Change
+8
Holders Change %
+25.81%
% of All Funds
1.12%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
17
Reduced
7
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$26.1M -$801K -44,822 -3%
Bank of America
2
Bank of America
North Carolina
$11.2M +$723K +40,425 +7%
GC
3
Guggenheim Capital
Illinois
$9.49M +$3M +167,773 +47%
SCM
4
Saba Capital Management
New York
$8.55M -$11.2M -629,077 -57%
Invesco
5
Invesco
Georgia
$7.23M +$21K +1,176 +0.3%
BTS
6
BB&T Securities
Virginia
$3.72M -$10K -560 -3%
PPA
7
Parametric Portfolio Associates
Washington
$3.6M +$431K +24,112 +14%
RJA
8
Raymond James & Associates
Florida
$3.15M +$221K +12,366 +8%
Wells Fargo
9
Wells Fargo
California
$2.94M +$688K +38,482 +31%
KSCM
10
Kamunting Street Capital Management
Florida
$2.25M +$2.24M +125,116 New
U
11
UBS
Switzerland
$1.57M +$80.1K +4,478 +5%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$1.21M +$113K +6,322 +10%
B
13
Baird
Wisconsin
$1.16M +$229K +12,826 +25%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$844K +$82.8K +4,630 +11%
CIA
15
Capital Investment Advisors
Georgia
$817K +$265K +14,804 +48%
LTFS
16
Ladenburg Thalmann Financial Services
Florida
$650K +$647K +36,166 New
BNP Paribas Financial Markets
17
BNP Paribas Financial Markets
France
$618K -$5.36K -300 -0.9%
DS
18
DRW Securities
Illinois
$598K
TAM
19
Trust Asset Management
Texas
$538K +$535K +29,949 New
Deutsche Bank
20
Deutsche Bank
Germany
$478K +$212K +11,839 +80%
SFS
21
Shaker Financial Services
Virginia
$436K +$434K +24,254 New
LPL Financial
22
LPL Financial
California
$428K +$30K +1,677 +8%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$313K +$21.6K +1,209 +7%
CI
24
Chartist Inc
California
$295K
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$272K -$5.09K -285 -2%

ISD Hedge Fund Activity: Q2 2014 in Review

39 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q2 2014, worth a combined $89.3M — down 3.5% from $92.5M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new ISD positions and 3 closed out — a net gain of 8 holders — while 17 added to existing stakes and 7 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $3M. The largest seller was Saba Capital Management, cutting an estimated $11.2M.

  • 39 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q2 2014, up from 31 in Q1 2014.
  • Funds reported $89.3M of PGIM High Yield Bond Fund stock for Q2 2014, down 3.5% quarter-over-quarter.
  • 11 funds opened new PGIM High Yield Bond Fund positions in Q2 2014 and 3 closed out, a net change of +8 holders.
  • The largest PGIM High Yield Bond Fund buyer in Q2 2014 was Guggenheim Capital, an estimated $3M added.
  • The largest PGIM High Yield Bond Fund seller in Q2 2014 was Saba Capital Management, an estimated $11.2M sold.

Based on aggregated 13F filings for Q2 2014.