Pacholder High Yield
PHF
PHF was delisted on the 10th of July, 2017.
27 hedge funds and large institutions have $21.7M invested in Pacholder High Yield in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
21% more capital invested
Capital invested by funds: $17.9M → $21.7M (+$3.8M)
8% more funds holding
Funds holding: 25 → 27 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$5.21M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.79M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$627K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$282K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.71M |
| 2 |
AIG
American International Group
New York
|
-$2.25M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$337K |
| 4 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$178K |
| 5 |
JCM
JD Capital Management
Darien,
Connecticut
|
-$85K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
AIG
27
American International Group
New York
| – | -$2.25M | -353,534 | Closed |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| – | -$337K | -53,168 | Closed |
|
|
PAM
29
PVG Asset Management
Golden,
Colorado
| – | -$178K | -27,975 | Closed |
|
|
JCM
30
JD Capital Management
Darien,
Connecticut
| – | -$85K | -13,425 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | +$475 | +70 | New |
|
PHF Hedge Fund Activity: Q2 2016 in Review
27 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Pacholder High Yield (PHF) for Q2 2016, worth a combined $21.7M — up 21% from $17.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PHF positions and 4 closed out — a net gain of 2 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Bulldog Investors, adding an estimated $5.21M. The largest seller was Karpus Investment Management, cutting an estimated $6.71M.
- 27 institutional investors held Pacholder High Yield (PHF) as of Q2 2016, up from 25 in Q1 2016.
- Funds reported $21.7M of Pacholder High Yield stock for Q2 2016, up 21% quarter-over-quarter.
- 6 funds opened new Pacholder High Yield positions in Q2 2016 and 4 closed out, a net change of +2 holders.
- The largest Pacholder High Yield buyer in Q2 2016 was Bulldog Investors, an estimated $5.21M added.
- The largest Pacholder High Yield seller in Q2 2016 was Karpus Investment Management, an estimated $6.71M sold.
Based on aggregated 13F filings for Q2 2016.