Pacholder High Yield
PHF
PHF was delisted on the 10th of July, 2017.
25 hedge funds and large institutions have $17.9M invested in Pacholder High Yield in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 9 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
19% more capital invested
Capital invested by funds: $15M → $17.9M (+$2.91M)
22% less funds holding
Funds holding: 32 → 25 (-7)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.9M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$682K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$668K |
| 4 |
SCM
Saba Capital Management
New York
|
+$239K |
| 5 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$366K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$277K |
| 3 |
LCM
Laurion Capital Management
New York
|
-$224K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$168K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$124K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
26
Laurion Capital Management
New York
| – | -$224K | -36,933 | Closed |
|
|
GC
27
Guggenheim Capital
Chicago,
Illinois
| – | -$168K | -27,665 | Closed |
|
|
28
Invesco
Atlanta,
Georgia
| – | -$124K | -20,389 | Closed |
|
|
WAM
29
Weiss Asset Management
Boston,
Massachusetts
| – | -$73K | -12,037 | Closed |
|
30
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$70K | -11,584 | Closed |
|
31
US Bancorp
Minneapolis,
Minnesota
| – | -$17K | -2,850 | Closed |
|
|
AIA
32
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$12K | -2,000 | Closed |
|
|
LTFS
33
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$10K | -1,702 | Closed |
|
|
IA
34
IFP Advisors
Tampa,
Florida
| – | -$6K | -965 | Closed |
|
PHF Hedge Fund Activity: Q1 2016 in Review
25 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Pacholder High Yield (PHF) for Q1 2016, worth a combined $17.9M — up 19% from $15M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PHF and 2 opened new positions — a net loss of 7 holders — while 6 trimmed existing stakes and 10 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.9M. The largest seller was Wolverine Asset Management, cutting an estimated $366K.
- 25 institutional investors held Pacholder High Yield (PHF) as of Q1 2016, down from 32 in Q4 2015.
- Funds reported $17.9M of Pacholder High Yield stock for Q1 2016, up 19% quarter-over-quarter.
- 2 funds opened new Pacholder High Yield positions in Q1 2016 and 9 closed out, a net change of -7 holders.
- The largest Pacholder High Yield buyer in Q1 2016 was Karpus Investment Management, an estimated $1.9M added.
- The largest Pacholder High Yield seller in Q1 2016 was Wolverine Asset Management, an estimated $366K sold.
Based on aggregated 13F filings for Q1 2016.