PGIM Active High Yield Bond ETF
PHYL
8 hedge funds and large institutions have $28M invested in PGIM Active High Yield Bond ETF in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
14% more capital invested
Capital invested by funds: $24.6M → $28M (+$3.36M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10.94% less ownership
Funds ownership: 98.45% → 87.51% (-11%)
20% less funds holding
Funds holding: 10 → 8 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$515K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$68.7K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$55.8K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$3.91K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$261K |
| 2 |
AWM
Adams Wealth Management
Logan,
Utah
|
-$65.5K |
| 3 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5K |
| 5 |
TC
TownSquare Capital
Provo,
Utah
|
-$930 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Prudential Financial
Newark,
New Jersey
| $24.1M | – | – | – |
|
|
AWM
2
Adams Wealth Management
Logan,
Utah
| $2.09M | -$65.5K | -1,760 | -3% |
|
|
3
LPL Financial
San Diego,
California
| $870K | +$515K | +13,847 | +158% |
|
|
4
Commonwealth Equity Services
Waltham,
Massachusetts
| $534K | +$68.7K | +1,845 | +15% |
|
|
TC
5
TownSquare Capital
Provo,
Utah
| $327K | -$930 | -25 | -0.3% |
|
|
6
Osaic Holdings
Scottsdale,
Arizona
| $69K | +$55.8K | +1,500 | +500% |
|
|
CAN
7
Cetera Advisor Networks
El Segundo,
California
| $4K | +$3.91K | +105 | New |
|
|
BWL
8
Bogart Wealth LLC
Mclean,
Virginia
| $2K | – | – | – |
|
|
9
Truist Financial
Charlotte,
North Carolina
| – | -$261K | -7,449 | Closed |
|
|
OPS
10
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$9K | -259 | Closed |
|
|
11
UBS Group
Zurich,
Switzerland
| – | -$5K | -142 | Closed |
|
PHYL Hedge Fund Activity: Q2 2020 in Review
8 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in PGIM Active High Yield Bond ETF (PHYL) for Q2 2020, worth a combined $28M — up 14% from $24.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PHYL and 1 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was LPL Financial, adding an estimated $515K. The largest seller was Truist Financial, exiting entirely with an estimated $261K sold.
- 8 institutional investors held PGIM Active High Yield Bond ETF (PHYL) as of Q2 2020, down from 10 in Q1 2020.
- Funds reported $28M of PGIM Active High Yield Bond ETF stock for Q2 2020, up 14% quarter-over-quarter.
- 1 fund opened new PGIM Active High Yield Bond ETF positions in Q2 2020 and 3 closed out, a net change of -2 holders.
- The largest PGIM Active High Yield Bond ETF buyer in Q2 2020 was LPL Financial, an estimated $515K added.
- The largest PGIM Active High Yield Bond ETF seller in Q2 2020 was Truist Financial, an estimated $261K sold.
Based on aggregated 13F filings for Q2 2020.