Neuberger High Yield Strategies Fund Inc
NHS
43 hedge funds and large institutions have $60.5M invested in Neuberger High Yield Strategies Fund Inc in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 5 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
1.35% more ownership
Funds ownership: 22.64% → 23.99% (+1.4%)
1% less capital invested
Capital invested by funds: $61.3M → $60.5M (-$738K)
7% less funds holding
Funds holding: 46 → 43 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.53M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.07M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$432K |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$297K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$281K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EML
Eos Management LP
New York
|
-$983K |
| 2 |
SG Americas Securities
New York
|
-$680K |
| 3 |
Morgan Stanley
New York
|
-$372K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$257K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$201K |
NHS Hedge Fund Activity: Q3 2014 in Review
43 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Neuberger High Yield Strategies Fund Inc (NHS) for Q3 2014, worth a combined $60.5M — down 1.2% from $61.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NHS and 2 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 17 added.
The largest buyer was Saba Capital Management, adding an estimated $3.53M. The largest seller was Eos Management LP, cutting an estimated $983K.
- 43 institutional investors held Neuberger High Yield Strategies Fund Inc (NHS) as of Q3 2014, down from 46 in Q2 2014.
- Funds reported $60.5M of Neuberger High Yield Strategies Fund Inc stock for Q3 2014, down 1.2% quarter-over-quarter.
- 2 funds opened new Neuberger High Yield Strategies Fund Inc positions in Q3 2014 and 5 closed out, a net change of -3 holders.
- The largest Neuberger High Yield Strategies Fund Inc buyer in Q3 2014 was Saba Capital Management, an estimated $3.53M added.
- The largest Neuberger High Yield Strategies Fund Inc seller in Q3 2014 was Eos Management LP, an estimated $983K sold.
Based on aggregated 13F filings for Q3 2014.