PGIM Short Duration Multi-Sector Bond ETF
PSDM
8 hedge funds and large institutions have $32.3M invested in PGIM Short Duration Multi-Sector Bond ETF in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
100% more funds holding
Funds holding: 4 → 8 (+4)
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
24% more capital invested
Capital invested by funds: $26.2M → $32.3M (+$6.17M)
6.33% less ownership
Funds ownership: 97.47% → 91.14% (-6.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFG
Team Financial Group
Temecula,
California
|
+$5.13M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.35M |
| 3 |
Jane Street
New York
|
+$509K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$477K |
| 5 |
JP Morgan Chase
New York
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$2.84M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Prudential Financial
Newark,
New Jersey
| $21.5M | -$2.84M | -56,000 | -12% |
|
|
TFG
2
Team Financial Group
Temecula,
California
| $5.24M | +$5.13M | +101,302 | +4,796% |
|
|
3
Envestnet Asset Management
Chicago,
Illinois
| $4.09M | +$2.35M | +46,340 | +135% |
|
|
4
Jane Street
New York
| $510K | +$509K | +10,053 | New |
|
|
5
Citadel Advisors
Miami,
Florida
| $477K | +$477K | +9,416 | New |
|
|
6
JP Morgan Chase
New York
| $257K | +$257K | +5,078 | New |
|
|
BPA
7
Beacon Pointe Advisors
Newport Beach,
California
| $216K | +$216K | +4,256 | New |
|
8
Osaic Holdings
Scottsdale,
Arizona
| $51.2K | +$51.2K | +1,010 | New |
|
|
9
Bank of America
Charlotte,
North Carolina
| – | -$3.4K | -67 | Closed |
|
PSDM Hedge Fund Activity: Q1 2024 in Review
8 of the 6,946 institutional investors tracked by Wall St. Rank reported a position in PGIM Short Duration Multi-Sector Bond ETF (PSDM) for Q1 2024, worth a combined $32.3M — up 24% from $26.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PSDM positions and 1 closed out — a net gain of 4 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Team Financial Group, adding an estimated $5.13M. The largest seller was Prudential Financial, cutting an estimated $2.84M.
- 8 institutional investors held PGIM Short Duration Multi-Sector Bond ETF (PSDM) as of Q1 2024, up from 4 in Q4 2023.
- Funds reported $32.3M of PGIM Short Duration Multi-Sector Bond ETF stock for Q1 2024, up 24% quarter-over-quarter.
- 5 funds opened new PGIM Short Duration Multi-Sector Bond ETF positions in Q1 2024 and 1 closed out, a net change of +4 holders.
- The largest PGIM Short Duration Multi-Sector Bond ETF buyer in Q1 2024 was Team Financial Group, an estimated $5.13M added.
- The largest PGIM Short Duration Multi-Sector Bond ETF seller in Q1 2024 was Prudential Financial, an estimated $2.84M sold.
Based on aggregated 13F filings for Q1 2024.