Neuberger High Yield Strategies Fund Inc
NHS
49 hedge funds and large institutions have $72.6M invested in Neuberger High Yield Strategies Fund Inc in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 18 reducing their positions, and 12 closing their positions.
2.27% more ownership
Funds ownership: 36.14% → 38.41% (+2.3%)
6% less capital invested
Capital invested by funds: $77.3M → $72.6M (-$4.68M)
8% less funds holding
Funds holding: 53 → 49 (-4)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
39% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$8.39M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.67M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.57M |
| 4 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
+$1.3M |
| 5 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.19M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.36M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.01M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$768K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$601K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
51
Doliver Advisors
Houston,
Texas
| – | -$581K | -53,023 | Closed |
|
|
WCM
52
Wunderlich Capital Managemnt
Memphis,
Tennessee
| – | -$289K | -26,387 | Closed |
|
53
Citadel Advisors
Miami,
Florida
| – | -$200K | -18,231 | Closed |
|
|
AIP
54
Ahrens Investment Partners
Lafayette,
Louisiana
| – | -$120K | -11,000 | Closed |
|
|
PCP
55
Proficio Capital Partners
Newton,
Massachusetts
| – | -$101K | -9,805 | Closed |
|
|
APA
56
American Portfolios Advisors
Holbrook,
New York
| – | -$9.97K | -911 | Closed |
|
|
SPIA
57
Steward Partners Investment Advisory
New York
| – | -$5K | -461 | Closed |
|
|
AA
58
Ancora Advisors
Cleveland,
Ohio
| – | -$3K | -277 | Closed |
|
|
PFO
59
Pathstone Family Office
Englewood,
New Jersey
| – | -$3K | -246 | Closed |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| – | -$2K | -191 | Closed |
|
61
Fidelity Investments
Boston,
Massachusetts
| – | +$10 | +1 | New |
|
NHS Hedge Fund Activity: Q4 2018 in Review
49 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Neuberger High Yield Strategies Fund Inc (NHS) for Q4 2018, worth a combined $72.6M — down 6% from $77.3M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of NHS and 8 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 11 added.
The largest buyer was Saba Capital Management, adding an estimated $8.39M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $3.19M sold.
- 49 institutional investors held Neuberger High Yield Strategies Fund Inc (NHS) as of Q4 2018, down from 53 in Q3 2018.
- Funds reported $72.6M of Neuberger High Yield Strategies Fund Inc stock for Q4 2018, down 6% quarter-over-quarter.
- 8 funds opened new Neuberger High Yield Strategies Fund Inc positions in Q4 2018 and 12 closed out, a net change of -4 holders.
- The largest Neuberger High Yield Strategies Fund Inc buyer in Q4 2018 was Saba Capital Management, an estimated $8.39M added.
- The largest Neuberger High Yield Strategies Fund Inc seller in Q4 2018 was Shaker Financial Services, an estimated $3.19M sold.
Based on aggregated 13F filings for Q4 2018.