Neuberger High Yield Strategies Fund Inc
NHS
33 hedge funds and large institutions have $52.1M invested in Neuberger High Yield Strategies Fund Inc in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 5 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
10% more capital invested
Capital invested by funds: $47.4M → $52.1M (+$4.74M)
1.31% more ownership
Funds ownership: 18.27% → 19.58% (+1.3%)
3% less funds holding
Funds holding: 34 → 33 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.7M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$2.06M |
| 3 |
TAM
Third Avenue Management
New York
|
+$1.99M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$713K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$215K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.65M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.28M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$682K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$373K |
| 5 |
Morgan Stanley
New York
|
-$228K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TJHA
26
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $24K | – | – | – |
|
27
Citigroup
New York
| $21K | – | – | – |
|
|
NES
28
New England Securities
New York
| $11K | – | – | – |
|
|
HCM
29
Highlander Capital Management
Short Hills,
New Jersey
| $7.86K | – | – | – |
|
|
DADC
30
D.A. Davidson & Co
Great Falls,
Montana
| $5K | – | – | – |
|
31
Creative Planning
Overland Park,
Kansas
| $4K | +$3.23K | +238 | +992% |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | +$4.03K | +297 | New |
|
|
RCM
33
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$1.65M | -121,013 | Closed |
|
|
SFS
34
Shaker Financial Services
Arlington,
Virginia
| – | -$1.28M | -96,302 | Closed |
|
|
COLIM
35
City of London Investment Management
London,
United Kingdom
| – | -$373K | -28,030 | Closed |
|
36
SG Americas Securities
New York
| – | -$220K | -16,588 | Closed |
|
|
LCM
37
Landscape Capital Management
Englewood,
New Jersey
| – | -$143K | -10,786 | Closed |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| – | -$4.17K | -308 | -92% |
|
NHS Hedge Fund Activity: Q1 2014 in Review
33 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Neuberger High Yield Strategies Fund Inc (NHS) for Q1 2014, worth a combined $52.1M — up 10% from $47.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NHS and 4 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 14 added.
The largest buyer was Saba Capital Management, adding an estimated $2.7M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.65M sold.
- 33 institutional investors held Neuberger High Yield Strategies Fund Inc (NHS) as of Q1 2014, down from 34 in Q4 2013.
- Funds reported $52.1M of Neuberger High Yield Strategies Fund Inc stock for Q1 2014, up 10% quarter-over-quarter.
- 4 funds opened new Neuberger High Yield Strategies Fund Inc positions in Q1 2014 and 5 closed out, a net change of -1 holder.
- The largest Neuberger High Yield Strategies Fund Inc buyer in Q1 2014 was Saba Capital Management, an estimated $2.7M added.
- The largest Neuberger High Yield Strategies Fund Inc seller in Q1 2014 was Robinson Capital Management, an estimated $1.65M sold.
Based on aggregated 13F filings for Q1 2014.