Neuberger High Yield Strategies Fund Inc
NHS
47 hedge funds and large institutions have $60.9M invested in Neuberger High Yield Strategies Fund Inc in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
7% more funds holding
Funds holding: 44 → 47 (+3)
3.91% more ownership
Funds ownership: 32% → 35.91% (+3.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
24% less capital invested
Capital invested by funds: $80.4M → $60.9M (-$19.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$6M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.82M |
| 3 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
+$1.79M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$654K |
| 5 |
UCI
Uncommon Cents Investing
Janesville,
Wisconsin
|
+$462K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.64M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$269K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$199K |
| 4 |
Citigroup
New York
|
-$137K |
| 5 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$135K |
NHS Hedge Fund Activity: Q1 2020 in Review
47 of the 4,548 institutional investors tracked by Wall St. Rank reported a position in Neuberger High Yield Strategies Fund Inc (NHS) for Q1 2020, worth a combined $60.9M — down 24% from $80.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NHS positions and 1 closed out — a net gain of 5 holders — while 19 added to existing stakes and 13 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $6M. The largest seller was Invesco, cutting an estimated $2.64M.
- 47 institutional investors held Neuberger High Yield Strategies Fund Inc (NHS) as of Q1 2020, up from 44 in Q4 2019.
- Funds reported $60.9M of Neuberger High Yield Strategies Fund Inc stock for Q1 2020, down 24% quarter-over-quarter.
- 6 funds opened new Neuberger High Yield Strategies Fund Inc positions in Q1 2020 and 1 closed out, a net change of +5 holders.
- The largest Neuberger High Yield Strategies Fund Inc buyer in Q1 2020 was Saba Capital Management, an estimated $6M added.
- The largest Neuberger High Yield Strategies Fund Inc seller in Q1 2020 was Invesco, an estimated $2.64M sold.
Based on aggregated 13F filings for Q1 2020.