PGIM High Yield Bond Fund
ISD
70 hedge funds and large institutions have $163M invested in PGIM High Yield Bond Fund in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 23 reducing their positions, and 8 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 23
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
1% more funds holding
Funds holding: 69 → 70 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.08% less ownership
Funds ownership: 37% → 36.91% (-0.08%)
2% less capital inflows, than outflows
Capital inflows: $11.1M | Capital outflows: $11.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.41M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.39M |
| 3 |
First Foundation Advisors
Irvine,
California
|
+$1.12M |
| 4 |
Marks Group Wealth Management
Minnetonka,
Minnesota
|
+$1.1M |
| 5 |
Morgan Stanley
New York
|
+$915K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James & Associates
St Petersburg,
Florida
|
-$1.56M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.21M |
| 3 |
Goldman Sachs
New York
|
-$1.21M |
| 4 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$918K |
| 5 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$846K |
ISD Hedge Fund Activity: Q2 2020 in Review
70 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q2 2020, worth a combined $163M — up 14% from $143M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ISD positions and 8 closed out — a net gain of 1 holder — while 30 added to existing stakes and 23 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $1.41M. The largest seller was Raymond James & Associates, cutting an estimated $1.56M.
- 70 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q2 2020, up from 69 in Q1 2020.
- Funds reported $163M of PGIM High Yield Bond Fund stock for Q2 2020, up 14% quarter-over-quarter.
- 9 funds opened new PGIM High Yield Bond Fund positions in Q2 2020 and 8 closed out, a net change of +1 holder.
- The largest PGIM High Yield Bond Fund buyer in Q2 2020 was Thomas J. Herzfeld Advisors, an estimated $1.41M added.
- The largest PGIM High Yield Bond Fund seller in Q2 2020 was Raymond James & Associates, an estimated $1.56M sold.
Based on aggregated 13F filings for Q2 2020.