Neuberger High Yield Strategies Fund Inc
NHS
41 hedge funds and large institutions have $31M invested in Neuberger High Yield Strategies Fund Inc in 2020 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 10 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
5% more funds holding
Funds holding: 39 → 41 (+2)
24.5% less ownership
Funds ownership: 38.06% → 13.56% (-25%)
62% less capital invested
Capital invested by funds: $82.5M → $31M (-$51.5M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$7.51M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.15M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$483K |
| 4 |
LPL Financial
San Diego,
California
|
+$364K |
| 5 |
Millennium Management
New York
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$54.1M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.87M |
| 3 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$1.47M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$644K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$336K |
NHS Hedge Fund Activity: Q4 2020 in Review
41 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Neuberger High Yield Strategies Fund Inc (NHS) for Q4 2020, worth a combined $31M — down 62% from $82.5M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NHS positions and 10 closed out — a net gain of 2 holders — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Bramshill Investments, opening a new position worth an estimated $7.51M. The largest seller was Saba Capital Management, exiting entirely with an estimated $54.1M sold.
- 41 institutional investors held Neuberger High Yield Strategies Fund Inc (NHS) as of Q4 2020, up from 39 in Q3 2020.
- Funds reported $31M of Neuberger High Yield Strategies Fund Inc stock for Q4 2020, down 62% quarter-over-quarter.
- 12 funds opened new Neuberger High Yield Strategies Fund Inc positions in Q4 2020 and 10 closed out, a net change of +2 holders.
- The largest Neuberger High Yield Strategies Fund Inc buyer in Q4 2020 was Bramshill Investments, an estimated $7.51M added.
- The largest Neuberger High Yield Strategies Fund Inc seller in Q4 2020 was Saba Capital Management, an estimated $54.1M sold.
Based on aggregated 13F filings for Q4 2020.