PGIM Short Duration High Yield Opportunities Fund
SDHY
43 hedge funds and large institutions have $160M invested in PGIM Short Duration High Yield Opportunities Fund in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 9 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
3% more capital invested
Capital invested by funds: $155M → $160M (+$4.41M)
0.88% more ownership
Funds ownership: 42.75% → 43.63% (+0.88%)
9% less funds holding
Funds holding: 47 → 43 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.88M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.66M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.36M |
| 4 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$1.24M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$786K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$1.69M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.43M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.42M |
| 4 |
SCM
Saba Capital Management
New York
|
-$1.27M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$499K |
SDHY Hedge Fund Activity: Q1 2023 in Review
43 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in PGIM Short Duration High Yield Opportunities Fund (SDHY) for Q1 2023, worth a combined $160M — up 2.8% from $155M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SDHY and 5 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 16 added.
The largest buyer was Morgan Stanley, adding an estimated $1.88M. The largest seller was RFG Advisory, cutting an estimated $1.69M.
- 43 institutional investors held PGIM Short Duration High Yield Opportunities Fund (SDHY) as of Q1 2023, down from 47 in Q4 2022.
- Funds reported $160M of PGIM Short Duration High Yield Opportunities Fund stock for Q1 2023, up 2.8% quarter-over-quarter.
- 5 funds opened new PGIM Short Duration High Yield Opportunities Fund positions in Q1 2023 and 9 closed out, a net change of -4 holders.
- The largest PGIM Short Duration High Yield Opportunities Fund buyer in Q1 2023 was Morgan Stanley, an estimated $1.88M added.
- The largest PGIM Short Duration High Yield Opportunities Fund seller in Q1 2023 was RFG Advisory, an estimated $1.69M sold.
Based on aggregated 13F filings for Q1 2023.