PGIM High Yield Bond Fund
ISD
61 hedge funds and large institutions have $128M invested in PGIM High Yield Bond Fund in 2017 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
9% more funds holding
Funds holding: 56 → 61 (+5)
0% more capital invested
Capital invested by funds: $128M → $128M (+$48K)
0.04% more ownership
Funds ownership: 25.03% → 25.06% (+0.04%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.08M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.72M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.93M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.13M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.95M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$3.49M |
| 3 |
AMH
Apollo Management Holdings
New York
|
-$2.44M |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$1.77M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.53M |
ISD Hedge Fund Activity: Q3 2017 in Review
61 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q3 2017, worth a combined $128M — up 0.04% from $128M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ISD positions and 6 closed out — a net gain of 7 holders — while 24 added to existing stakes and 19 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $4.08M. The largest seller was Morgan Stanley, cutting an estimated $3.95M.
- 61 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q3 2017, up from 56 in Q2 2017.
- Funds reported $128M of PGIM High Yield Bond Fund stock for Q3 2017, up 0.04% quarter-over-quarter.
- 13 funds opened new PGIM High Yield Bond Fund positions in Q3 2017 and 6 closed out, a net change of +7 holders.
- The largest PGIM High Yield Bond Fund buyer in Q3 2017 was Royal Bank of Canada, an estimated $4.08M added.
- The largest PGIM High Yield Bond Fund seller in Q3 2017 was Morgan Stanley, an estimated $3.95M sold.
Based on aggregated 13F filings for Q3 2017.