PGIM Active High Yield Bond ETF
PHYL
92 hedge funds and large institutions have $308M invested in PGIM Active High Yield Bond ETF in 2025 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 38 increasing their positions, 30 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
27% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 30
25% more capital invested
Capital invested by funds: $246M → $308M (+$62.3M)
9.65% more ownership
Funds ownership: 90.81% → 100.46% (+9.7%)
8% more funds holding
Funds holding: 85 → 92 (+7)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$16.3M |
| 2 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$11.3M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$10.4M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$10M |
| 5 |
IA
Inspire Advisors
Meridian,
Idaho
|
+$9.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFS
Hughes Financial Services
Herndon,
Virginia
|
-$7.78M |
| 2 |
CMF
Counterpoint Mutual Funds
San Diego,
California
|
-$3.48M |
| 3 |
TC
TownSquare Capital
Provo,
Utah
|
-$2.98M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.28M |
| 5 |
FC
Fjell Capital
Fargo,
North Dakota
|
-$1.36M |
PHYL Hedge Fund Activity: Q2 2025 in Review
92 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in PGIM Active High Yield Bond ETF (PHYL) for Q2 2025, worth a combined $308M — up 25% from $246M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PHYL positions and 11 closed out — a net gain of 7 holders — while 38 added to existing stakes and 30 trimmed.
The largest buyer was Prudential Financial, adding an estimated $16.3M. The largest seller was Hughes Financial Services, cutting an estimated $7.78M.
- 92 institutional investors held PGIM Active High Yield Bond ETF (PHYL) as of Q2 2025, up from 85 in Q1 2025.
- Funds reported $308M of PGIM Active High Yield Bond ETF stock for Q2 2025, up 25% quarter-over-quarter.
- 18 funds opened new PGIM Active High Yield Bond ETF positions in Q2 2025 and 11 closed out, a net change of +7 holders.
- The largest PGIM Active High Yield Bond ETF buyer in Q2 2025 was Prudential Financial, an estimated $16.3M added.
- The largest PGIM Active High Yield Bond ETF seller in Q2 2025 was Hughes Financial Services, an estimated $7.78M sold.
Based on aggregated 13F filings for Q2 2025.