PGIM High Yield Bond Fund
ISD
53 hedge funds and large institutions have $136M invested in PGIM High Yield Bond Fund in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 10 reducing their positions, and 5 closing their positions.
110% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 10
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
8% more funds holding
Funds holding: 49 → 53 (+4)
0.4% less ownership
Funds ownership: 24.45% → 24.05% (-0.4%)
2% less capital invested
Capital invested by funds: $140M → $136M (-$3.11M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.61M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.29M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$879K |
| 4 |
Morgan Stanley
New York
|
+$669K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$659K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$8.06M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.11M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$734K |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$632K |
| 5 |
Citigroup
New York
|
-$427K |
ISD Hedge Fund Activity: Q1 2017 in Review
53 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q1 2017, worth a combined $136M — down 2.2% from $140M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ISD positions and 5 closed out — a net gain of 5 holders — while 21 added to existing stakes and 10 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.61M. The largest seller was Wells Fargo, cutting an estimated $8.06M.
- 53 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q1 2017, up from 49 in Q4 2016.
- Funds reported $136M of PGIM High Yield Bond Fund stock for Q1 2017, down 2.2% quarter-over-quarter.
- 10 funds opened new PGIM High Yield Bond Fund positions in Q1 2017 and 5 closed out, a net change of +5 holders.
- The largest PGIM High Yield Bond Fund buyer in Q1 2017 was Shaker Financial Services, an estimated $1.61M added.
- The largest PGIM High Yield Bond Fund seller in Q1 2017 was Wells Fargo, an estimated $8.06M sold.
Based on aggregated 13F filings for Q1 2017.