Neuberger High Yield Strategies Fund Inc
NHS
39 hedge funds and large institutions have $60.6M invested in Neuberger High Yield Strategies Fund Inc in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 11 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
9% more capital invested
Capital invested by funds: $55.8M → $60.6M (+$4.81M)
1.49% more ownership
Funds ownership: 24% → 25.5% (+1.5%)
19% less funds holding
Funds holding: 48 → 39 (-9)
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.9M |
| 2 |
Morgan Stanley
New York
|
+$3.69M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$412K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$386K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$384K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$2.81M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.32M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$809K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$532K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$326K |
NHS Hedge Fund Activity: Q3 2017 in Review
39 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Neuberger High Yield Strategies Fund Inc (NHS) for Q3 2017, worth a combined $60.6M — up 8.6% from $55.8M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NHS and 3 opened new positions — a net loss of 8 holders — while 12 trimmed existing stakes and 18 added.
The largest buyer was Wells Fargo, adding an estimated $5.9M. The largest seller was Saba Capital Management, cutting an estimated $2.81M.
- 39 institutional investors held Neuberger High Yield Strategies Fund Inc (NHS) as of Q3 2017, down from 48 in Q2 2017.
- Funds reported $60.6M of Neuberger High Yield Strategies Fund Inc stock for Q3 2017, up 8.6% quarter-over-quarter.
- 3 funds opened new Neuberger High Yield Strategies Fund Inc positions in Q3 2017 and 11 closed out, a net change of -8 holders.
- The largest Neuberger High Yield Strategies Fund Inc buyer in Q3 2017 was Wells Fargo, an estimated $5.9M added.
- The largest Neuberger High Yield Strategies Fund Inc seller in Q3 2017 was Saba Capital Management, an estimated $2.81M sold.
Based on aggregated 13F filings for Q3 2017.