PGIM High Yield Bond Fund
ISD
83 hedge funds and large institutions have $173M invested in PGIM High Yield Bond Fund in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 32 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
2% more funds holding
Funds holding: 81 → 83 (+2)
0.15% less ownership
Funds ownership: 42.25% → 42.11% (-0.15%)
9% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 32
14% less capital invested
Capital invested by funds: $201M → $173M (-$28M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$36.3M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$1.76M |
| 3 |
BlackRock
New York
|
+$1.18M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.15M |
| 5 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$641K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.35M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$834K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$622K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$586K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$554K |
ISD Hedge Fund Activity: Q2 2022 in Review
83 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q2 2022, worth a combined $173M — down 14% from $201M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ISD positions and 6 closed out — a net gain of 3 holders — while 29 added to existing stakes and 32 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $36.3M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.35M sold.
- 83 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q2 2022, up from 81 in Q1 2022.
- Funds reported $173M of PGIM High Yield Bond Fund stock for Q2 2022, down 14% quarter-over-quarter.
- 9 funds opened new PGIM High Yield Bond Fund positions in Q2 2022 and 6 closed out, a net change of +3 holders.
- The largest PGIM High Yield Bond Fund buyer in Q2 2022 was Morgan Stanley, an estimated $36.3M added.
- The largest PGIM High Yield Bond Fund seller in Q2 2022 was Shaker Financial Services, an estimated $1.35M sold.
Based on aggregated 13F filings for Q2 2022.