PGIM Active High Yield Bond ETF
PHYL
85 hedge funds and large institutions have $246M invested in PGIM Active High Yield Bond ETF in 2025 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 51 increasing their positions, 12 reducing their positions, and 5 closing their positions.
325% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 12
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
26% more capital invested
Capital invested by funds: $196M → $246M (+$50.3M)
15% more funds holding
Funds holding: 74 → 85 (+11)
6.41% less ownership
Funds ownership: 97.22% → 90.81% (-6.4%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.06M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$6.34M |
| 3 |
LPL Financial
San Diego,
California
|
+$6.3M |
| 4 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$5.02M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$4.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIA
Goodwin Investment Advisory
Woodstock,
Georgia
|
-$8.23M |
| 2 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
-$563K |
| 3 |
FCG
Financial Connections Group
Corte Madera,
California
|
-$563K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$354K |
| 5 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
-$250K |
PHYL Hedge Fund Activity: Q1 2025 in Review
85 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in PGIM Active High Yield Bond ETF (PHYL) for Q1 2025, worth a combined $246M — up 26% from $196M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PHYL positions and 5 closed out — a net gain of 12 holders — while 51 added to existing stakes and 12 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $8.06M. The largest seller was Goodwin Investment Advisory, exiting entirely with an estimated $8.23M sold.
- 85 institutional investors held PGIM Active High Yield Bond ETF (PHYL) as of Q1 2025, up from 74 in Q4 2024.
- Funds reported $246M of PGIM Active High Yield Bond ETF stock for Q1 2025, up 26% quarter-over-quarter.
- 17 funds opened new PGIM Active High Yield Bond ETF positions in Q1 2025 and 5 closed out, a net change of +12 holders.
- The largest PGIM Active High Yield Bond ETF buyer in Q1 2025 was Envestnet Asset Management, an estimated $8.06M added.
- The largest PGIM Active High Yield Bond ETF seller in Q1 2025 was Goodwin Investment Advisory, an estimated $8.23M sold.
Based on aggregated 13F filings for Q1 2025.