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ISD

PGIM High Yield Bond Fund

49 hedge funds and large institutions have $140M invested in PGIM High Yield Bond Fund in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 12

50% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 4

4% more funds holding

Funds holding: 4749 (+2)

1.38% more ownership

Funds ownership: 23.07%24.45% (+1.4%)

3% more capital invested

Capital invested by funds: $135M → $140M (+$4.44M)

Holders
49
Holders Change
+2
Holders Change %
+4.26%
% of All Funds
1.23%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
19
Reduced
12
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$20.6M -$504K -32,691 -2%
Wells Fargo
2
Wells Fargo
California
$17.6M +$1.68M +109,366 +11%
UBS Group
3
UBS Group
Switzerland
$17.5M +$1.72M +111,978 +11%
Bessemer Group
4
Bessemer Group
New Jersey
$13.9M +$2.22M +144,306 +19%
HCM
5
Hilton Capital Management
New York
$13.7M
Invesco
6
Invesco
Georgia
$5.3M +$15.4K +1,002 +0.3%
YMRC
7
Yorktown Management & Research Company
Virginia
$4.95M
GC
8
Guggenheim Capital
Illinois
$4.95M -$1.15M -74,518 -19%
CIA
9
Capital Investment Advisors
Georgia
$4.3M +$17.9K +1,165 +0.4%
AAM
10
Advisors Asset Management
Colorado
$3.94M -$1.43M -93,054 -27%
RJA
11
Raymond James & Associates
Florida
$3.83M +$35.2K +2,285 +0.9%
LCM
12
Laurion Capital Management
New York
$3.6M +$3.59M +232,848 New
VIA
13
Vident Investment Advisory
Georgia
$3.57M +$252K +16,352 +8%
AMH
14
Apollo Management Holdings
New York
$3.51M -$457K -29,695 -12%
RJFSA
15
Raymond James Financial Services Advisors
Florida
$3.14M +$307K +19,914 +11%
SFS
16
Shaker Financial Services
Virginia
$2.75M +$1.56M +101,284 +132%
Bank of America
17
Bank of America
North Carolina
$2.7M -$770K -49,999 -22%
SI
18
SII Investments
Wisconsin
$906K
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$753K -$11.6K -752 -2%
Baird Financial Group
20
Baird Financial Group
Wisconsin
$712K +$17.7K +1,150 +3%
LPL Financial
21
LPL Financial
California
$693K -$295K -19,122 -30%
ACH
22
ArrowMark Colorado Holdings
Colorado
$680K +$254K +16,500 +60%
ACM
23
Arlington Capital Management
Illinois
$658K +$654K +42,480 New
DA
24
Doliver Advisors
Texas
$628K +$380K +24,681 +156%
CI
25
Cowen Inc
New York
$550K -$116K -7,500 -17%

ISD Hedge Fund Activity: Q4 2016 in Review

49 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q4 2016, worth a combined $140M — up 3.3% from $135M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new ISD positions and 4 closed out — a net gain of 2 holders — while 19 added to existing stakes and 12 trimmed.

The largest buyer was Laurion Capital Management, opening a new position worth an estimated $3.59M. The largest seller was Advisors Asset Management, cutting an estimated $1.43M.

  • 49 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q4 2016, up from 47 in Q3 2016.
  • Funds reported $140M of PGIM High Yield Bond Fund stock for Q4 2016, up 3.3% quarter-over-quarter.
  • 6 funds opened new PGIM High Yield Bond Fund positions in Q4 2016 and 4 closed out, a net change of +2 holders.
  • The largest PGIM High Yield Bond Fund buyer in Q4 2016 was Laurion Capital Management, an estimated $3.59M added.
  • The largest PGIM High Yield Bond Fund seller in Q4 2016 was Advisors Asset Management, an estimated $1.43M sold.

Based on aggregated 13F filings for Q4 2016.