PGIM Short Duration High Yield Opportunities Fund
SDHY
62 hedge funds and large institutions have $210M invested in PGIM Short Duration High Yield Opportunities Fund in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 27 increasing their positions, 10 reducing their positions, and 7 closing their positions.
170% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 10
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
24% more capital invested
Capital invested by funds: $169M → $210M (+$40.7M)
19% more funds holding
Funds holding: 52 → 62 (+10)
9.38% more ownership
Funds ownership: 47.23% → 56.61% (+9.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.7M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$4.99M |
| 3 |
RVPG
Relative Value Partners Group
|
+$2.4M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.61M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.61M |
| 2 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$3.74M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.32M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$540K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$424K |
SDHY Hedge Fund Activity: Q4 2023 in Review
62 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PGIM Short Duration High Yield Opportunities Fund (SDHY) for Q4 2023, worth a combined $210M — up 24% from $169M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SDHY positions and 7 closed out — a net gain of 11 holders — while 27 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.7M. The largest seller was Sit Investment Associates, cutting an estimated $5.61M.
- 62 institutional investors held PGIM Short Duration High Yield Opportunities Fund (SDHY) as of Q4 2023, up from 52 in Q3 2023.
- Funds reported $210M of PGIM Short Duration High Yield Opportunities Fund stock for Q4 2023, up 24% quarter-over-quarter.
- 18 funds opened new PGIM Short Duration High Yield Opportunities Fund positions in Q4 2023 and 7 closed out, a net change of +11 holders.
- The largest PGIM Short Duration High Yield Opportunities Fund buyer in Q4 2023 was Morgan Stanley, an estimated $14.7M added.
- The largest PGIM Short Duration High Yield Opportunities Fund seller in Q4 2023 was Sit Investment Associates, an estimated $5.61M sold.
Based on aggregated 13F filings for Q4 2023.