PGIM High Yield Bond Fund
ISD
82 hedge funds and large institutions have $140M invested in PGIM High Yield Bond Fund in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 27 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
11% more funds holding
Funds holding: 74 → 82 (+8)
1% more capital inflows, than outflows
Capital inflows: $19.1M | Capital outflows: $18.9M
0% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 27
0.73% less ownership
Funds ownership: 34.95% → 34.22% (-0.73%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.41M |
| 2 |
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.32M |
| 3 |
Landscape Capital Management
Englewood,
New Jersey
|
+$1.13M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$644K |
| 5 |
City of London Investment Management
London,
United Kingdom
|
+$581K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.1M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$3.36M |
| 3 |
Advisors Asset Management
Monument,
Colorado
|
-$1.16M |
| 4 |
Hilton Capital Management
Garden City,
New York
|
-$963K |
| 5 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$919K |
ISD Hedge Fund Activity: Q4 2023 in Review
82 of the 6,878 institutional investors tracked by Wall St. Rank reported a position in PGIM High Yield Bond Fund (ISD) for Q4 2023, worth a combined $140M — up 2.2% from $137M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ISD positions and 4 closed out — a net gain of 10 holders — while 27 added to existing stakes and 27 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.41M. The largest seller was Morgan Stanley, cutting an estimated $9.1M.
- 82 institutional investors held PGIM High Yield Bond Fund (ISD) as of Q4 2023, up from 74 in Q3 2023.
- Funds reported $140M of PGIM High Yield Bond Fund stock for Q4 2023, up 2.2% quarter-over-quarter.
- 14 funds opened new PGIM High Yield Bond Fund positions in Q4 2023 and 4 closed out, a net change of +10 holders.
- The largest PGIM High Yield Bond Fund buyer in Q4 2023 was Sit Investment Associates, an estimated $1.41M added.
- The largest PGIM High Yield Bond Fund seller in Q4 2023 was Morgan Stanley, an estimated $9.1M sold.
Based on aggregated 13F filings for Q4 2023.