PGIM Short Duration High Yield Opportunities Fund
SDHY
46 hedge funds and large institutions have $155M invested in PGIM Short Duration High Yield Opportunities Fund in 2022 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 9 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
4% more capital invested
Capital invested by funds: $148M → $155M (+$6.66M)
0.8% more ownership
Funds ownership: 41.94% → 42.74% (+0.8%)
8% less funds holding
Funds holding: 50 → 46 (-4)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$3.91M |
| 2 |
SCM
Saba Capital Management
New York
|
+$2.02M |
| 3 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$1.27M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$793K |
| 5 |
Morgan Stanley
New York
|
+$613K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.05M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.45M |
| 3 |
AIM
AHL Investment Management
Winter Park,
Florida
|
-$1.39M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$750K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$641K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
51
MUFG Americas
New York
| – | -$36K | -2,500 | Closed |
|
52
Bessemer Group
Woodbridge,
New Jersey
| – | -$7K | -466 | Closed |
|
|
GI
53
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -70 | Closed |
|
|
NA
54
NewEdge Advisors
New Orleans,
Louisiana
| – | +$444 | +30 | New |
|
SDHY Hedge Fund Activity: Q4 2022 in Review
46 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in PGIM Short Duration High Yield Opportunities Fund (SDHY) for Q4 2022, worth a combined $155M — up 4.5% from $148M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SDHY and 7 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 18 added.
The largest buyer was Allspring Global Investments, adding an estimated $3.91M. The largest seller was Sit Investment Associates, cutting an estimated $4.05M.
- 46 institutional investors held PGIM Short Duration High Yield Opportunities Fund (SDHY) as of Q4 2022, down from 50 in Q3 2022.
- Funds reported $155M of PGIM Short Duration High Yield Opportunities Fund stock for Q4 2022, up 4.5% quarter-over-quarter.
- 7 funds opened new PGIM Short Duration High Yield Opportunities Fund positions in Q4 2022 and 9 closed out, a net change of -2 holders.
- The largest PGIM Short Duration High Yield Opportunities Fund buyer in Q4 2022 was Allspring Global Investments, an estimated $3.91M added.
- The largest PGIM Short Duration High Yield Opportunities Fund seller in Q4 2022 was Sit Investment Associates, an estimated $4.05M sold.
Based on aggregated 13F filings for Q4 2022.