PGIM High Yield Bond Fund
ISD
87 hedge funds and large institutions have $164M invested in PGIM High Yield Bond Fund in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 22 reducing their positions, and 9 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 22
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
5% more funds holding
Funds holding: 83 → 87 (+4)
2.03% less ownership
Funds ownership: 42.11% → 40.08% (-2%)
44% less capital inflows, than outflows
Capital inflows: $10.6M | Capital outflows: $18.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
City of London Investment Management
London,
United Kingdom
|
+$3.52M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$842K |
| 3 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$714K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$653K |
| 5 |
Cetera Advisors
Denver,
Colorado
|
+$421K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Penserra Capital Management
Orinda,
California
|
-$9.08M |
| 2 |
VisionPoint Advisory Group
Dallas,
Texas
|
-$2.26M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.88M |
| 4 |
Morgan Stanley
New York
|
-$1.59M |
| 5 |
Continuum Advisory
Eagle,
Idaho
|
-$664K |
ISD Hedge Fund Activity: Q3 2022 in Review
87 of the 5,832 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q3 2022, worth a combined $164M — down 10% from $182M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ISD positions and 9 closed out — a net gain of 4 holders — while 34 added to existing stakes and 22 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $3.52M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $9.08M sold.
- 87 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q3 2022, up from 83 in Q2 2022.
- Funds reported $164M of PGIM High Yield Bond Fund stock for Q3 2022, down 10% quarter-over-quarter.
- 13 funds opened new PGIM High Yield Bond Fund positions in Q3 2022 and 9 closed out, a net change of +4 holders.
- The largest PGIM High Yield Bond Fund buyer in Q3 2022 was City of London Investment Management, an estimated $3.52M added.
- The largest PGIM High Yield Bond Fund seller in Q3 2022 was Penserra Capital Management, an estimated $9.08M sold.
Based on aggregated 13F filings for Q3 2022.