PGIM Short Duration High Yield Opportunities Fund
SDHY
63 hedge funds and large institutions have $176M invested in PGIM Short Duration High Yield Opportunities Fund in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 14 reducing their positions, and 9 closing their positions.
136% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 14
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2% more funds holding
Funds holding: 62 → 63 (+1)
10.17% less ownership
Funds ownership: 56.61% → 46.44% (-10%)
16% less capital invested
Capital invested by funds: $210M → $176M (-$33.4M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.59M |
| 2 |
PI
PFG Investments
Woodbury,
New York
|
+$2.37M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.18M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.03M |
| 5 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$982K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$37.1M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$9.76M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.33M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.66M |
| 5 |
SCM
Saba Capital Management
New York
|
-$1.36M |
SDHY Hedge Fund Activity: Q1 2024 in Review
63 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PGIM Short Duration High Yield Opportunities Fund (SDHY) for Q1 2024, worth a combined $176M — down 16% from $210M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SDHY positions and 9 closed out — a net gain of 1 holder — while 33 added to existing stakes and 14 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.59M. The largest seller was Morgan Stanley, cutting an estimated $37.1M.
- 63 institutional investors held PGIM Short Duration High Yield Opportunities Fund (SDHY) as of Q1 2024, up from 62 in Q4 2023.
- Funds reported $176M of PGIM Short Duration High Yield Opportunities Fund stock for Q1 2024, down 16% quarter-over-quarter.
- 10 funds opened new PGIM Short Duration High Yield Opportunities Fund positions in Q1 2024 and 9 closed out, a net change of +1 holder.
- The largest PGIM Short Duration High Yield Opportunities Fund buyer in Q1 2024 was Rivernorth Capital Management, an estimated $3.59M added.
- The largest PGIM Short Duration High Yield Opportunities Fund seller in Q1 2024 was Morgan Stanley, an estimated $37.1M sold.
Based on aggregated 13F filings for Q1 2024.