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NHS

Neuberger High Yield Strategies Fund Inc

34 hedge funds and large institutions have $47.4M invested in Neuberger High Yield Strategies Fund Inc in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more capital invested

Capital invested by funds: $35.2M → $47.4M (+$12.2M)

4.48% more ownership

Funds ownership: 13.79%18.27% (+4.5%)

6% less funds holding

Funds holding: 3634 (-2)

17% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 12

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

Holders
34
Holders Change
-2
Holders Change %
-5.56%
% of All Funds
0.99%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
10
Reduced
12
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$8.41M -$124K -9,384 -1%
SCM
2
Saba Capital Management
New York
$7.42M +$4.99M +377,551 +207%
TAM
3
Third Avenue Management
New York
$4.75M +$1.7M +128,881 +56%
AAM
4
Advisors Asset Management
Colorado
$3.89M -$52.1K -3,940 -1%
PRCM
5
Pine River Capital Management
Minnesota
$3.28M +$392K +29,663 +14%
RCM
6
Rivernorth Capital Management
Florida
$3.24M +$1.44M +108,782 +80%
CS
7
Credit Suisse
Switzerland
$3.08M +$1.03M +77,710 +50%
Invesco
8
Invesco
Georgia
$2.74M +$1.18M +89,417 +76%
Morgan Stanley
9
Morgan Stanley
New York
$2.26M -$179K -13,568 -7%
RCM
10
Robinson Capital Management
Michigan
$1.65M +$1.6M +121,013 New
SFS
11
Shaker Financial Services
Virginia
$1.28M -$241K -18,214 -16%
CIA
12
Capital Investment Advisors
Georgia
$1.07M +$1.07M +80,989 New
CA
13
Cornerstone Advisors
North Carolina
$993K -$590K -44,598 -37%
SB
14
Suntrust Banks
Georgia
$747K +$373K +28,200 +100%
COLIM
15
City of London Investment Management
United Kingdom
$373K
Bank of America
16
Bank of America
North Carolina
$353K -$51.7K -3,910 -13%
Wells Fargo
17
Wells Fargo
California
$297K -$26.5K -2,002 -8%
OC
18
Oppenheimer & Co
New York
$254K +$13.2K +1,000 +6%
LPL Financial
19
LPL Financial
California
$244K -$15.3K -1,158 -6%
SG Americas Securities
20
SG Americas Securities
New York
$220K +$219K +16,588 New
U
21
UBS
Switzerland
$211K +$94.9K +7,178 +82%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$157K -$94.5K -7,149 -38%
LCM
23
Landscape Capital Management
New Jersey
$143K +$143K +10,786 New
Ameriprise
24
Ameriprise
Minnesota
$124K +$28.7K +2,173 +30%
US Bancorp
25
US Bancorp
Minnesota
$49K

NHS Hedge Fund Activity: Q4 2013 in Review

34 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Neuberger High Yield Strategies Fund Inc (NHS) for Q4 2013, worth a combined $47.4M — up 35% from $35.2M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of NHS and 5 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 10 added.

The largest buyer was Saba Capital Management, adding an estimated $4.99M. The largest seller was Cornerstone Advisors, cutting an estimated $590K.

  • 34 institutional investors held Neuberger High Yield Strategies Fund Inc (NHS) as of Q4 2013, down from 36 in Q3 2013.
  • Funds reported $47.4M of Neuberger High Yield Strategies Fund Inc stock for Q4 2013, up 35% quarter-over-quarter.
  • 5 funds opened new Neuberger High Yield Strategies Fund Inc positions in Q4 2013 and 7 closed out, a net change of -2 holders.
  • The largest Neuberger High Yield Strategies Fund Inc buyer in Q4 2013 was Saba Capital Management, an estimated $4.99M added.
  • The largest Neuberger High Yield Strategies Fund Inc seller in Q4 2013 was Cornerstone Advisors, an estimated $590K sold.

Based on aggregated 13F filings for Q4 2013.