Neuberger High Yield Strategies Fund Inc
NHS
39 hedge funds and large institutions have $76.9M invested in Neuberger High Yield Strategies Fund Inc in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 12 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
26% more capital invested
Capital invested by funds: $60.9M → $76.9M (+$16M)
2.1% more ownership
Funds ownership: 35.91% → 38.01% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
17% less funds holding
Funds holding: 47 → 39 (-8)
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.83M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.71M |
| 3 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
+$222K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$195K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$2.97M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$700K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$560K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$256K |
| 5 |
APW
Aurora Private Wealth
Rockaway,
New Jersey
|
-$206K |
NHS Hedge Fund Activity: Q2 2020 in Review
39 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Neuberger High Yield Strategies Fund Inc (NHS) for Q2 2020, worth a combined $76.9M — up 26% from $60.9M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of NHS and 4 opened new positions — a net loss of 8 holders — while 10 trimmed existing stakes and 15 added.
The largest buyer was Saba Capital Management, adding an estimated $5.83M. The largest seller was Bramshill Investments, exiting entirely with an estimated $2.97M sold.
- 39 institutional investors held Neuberger High Yield Strategies Fund Inc (NHS) as of Q2 2020, down from 47 in Q1 2020.
- Funds reported $76.9M of Neuberger High Yield Strategies Fund Inc stock for Q2 2020, up 26% quarter-over-quarter.
- 4 funds opened new Neuberger High Yield Strategies Fund Inc positions in Q2 2020 and 12 closed out, a net change of -8 holders.
- The largest Neuberger High Yield Strategies Fund Inc buyer in Q2 2020 was Saba Capital Management, an estimated $5.83M added.
- The largest Neuberger High Yield Strategies Fund Inc seller in Q2 2020 was Bramshill Investments, an estimated $2.97M sold.
Based on aggregated 13F filings for Q2 2020.