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ISD

PGIM High Yield Bond Fund

93 hedge funds and large institutions have $160M invested in PGIM High Yield Bond Fund in 2022 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 10

7% more funds holding

Funds holding: 8793 (+6)

4% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 27

4% more capital invested

Capital invested by funds: $154M → $160M (+$5.5M)

0.64% more ownership

Funds ownership: 40.07%40.72% (+0.64%)

Holders
93
Holders Change
+6
Holders Change %
+6.9%
% of All Funds
1.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
17
Increased
28
Reduced
27
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$38.3M -$1.16M -96,554 -3%
Cohen & Steers
2
Cohen & Steers
New York
$9.9M
SIA
3
Sit Investment Associates
Minnesota
$9.4M -$1.67M -138,868 -15%
RCM
4
Rivernorth Capital Management
Florida
$8.86M +$70.6K +5,858 +0.8%
COLIM
5
City of London Investment Management
United Kingdom
$7.09M +$301K +25,000 +4%
Invesco
6
Invesco
Georgia
$6.77M -$197K -16,323 -3%
CIA
7
Capital Investment Advisors
Georgia
$6.77M -$392K -32,505 -5%
VCM
8
Vivaldi Capital Management
Illinois
$5.97M +$395K +32,730 +7%
AAM
9
Advisors Asset Management
Colorado
$5.77M +$421K +34,957 +8%
Allspring Global Investments
10
Allspring Global Investments
North Carolina
$4.15M +$1.63M +135,131 +63%
Wells Fargo
11
Wells Fargo
California
$3.25M -$582K -48,257 -15%
GC
12
Guggenheim Capital
Illinois
$3.14M +$426K +35,360 +15%
RJA
13
Raymond James & Associates
Florida
$2.96M -$1.17M -96,769 -28%
Thrivent Financial for Lutherans
14
Thrivent Financial for Lutherans
Minnesota
$2.89M -$231K -19,200 -7%
Osaic Holdings
15
Osaic Holdings
Arizona
$2.84M -$108K -8,940 -4%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$2.76M +$2.61M +216,642 +1,331%
UBS Group
17
UBS Group
Switzerland
$2.64M +$232K +19,275 +9%
Baird Financial Group
18
Baird Financial Group
Wisconsin
$2.54M +$26.7K +2,216 +1%
GA
19
GraniteShares Advisors
New York
$2.23M +$106K +8,777 +5%
SPIA
20
Steward Partners Investment Advisory
New York
$1.98M +$74.6K +6,187 +4%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$1.75M +$246K +20,383 +16%
Brown Advisory
22
Brown Advisory
Maryland
$1.52M +$1.55M +128,302 New
HCM
23
Hilton Capital Management
New York
$1.44M
AIM
24
AHL Investment Management
Florida
$1.4M +$1.42M +117,835 New
RJFSA
25
Raymond James Financial Services Advisors
Florida
$1.31M -$40.3K -3,344 -3%

ISD Hedge Fund Activity: Q4 2022 in Review

93 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q4 2022, worth a combined $160M — up 3.6% from $154M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new ISD positions and 10 closed out — a net gain of 7 holders — while 28 added to existing stakes and 27 trimmed.

The largest buyer was Commonwealth Equity Services, adding an estimated $2.61M. The largest seller was Sit Investment Associates, cutting an estimated $1.67M.

  • 93 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q4 2022, up from 87 in Q3 2022.
  • Funds reported $160M of PGIM High Yield Bond Fund stock for Q4 2022, up 3.6% quarter-over-quarter.
  • 17 funds opened new PGIM High Yield Bond Fund positions in Q4 2022 and 10 closed out, a net change of +7 holders.
  • The largest PGIM High Yield Bond Fund buyer in Q4 2022 was Commonwealth Equity Services, an estimated $2.61M added.
  • The largest PGIM High Yield Bond Fund seller in Q4 2022 was Sit Investment Associates, an estimated $1.67M sold.

Based on aggregated 13F filings for Q4 2022.