PGIM Short Duration High Yield Opportunities Fund
SDHY
47 hedge funds and large institutions have $167M invested in PGIM Short Duration High Yield Opportunities Fund in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
9% more funds holding
Funds holding: 43 → 47 (+4)
1.87% more ownership
Funds ownership: 43.63% → 45.5% (+1.9%)
5% more capital invested
Capital invested by funds: $160M → $167M (+$7.87M)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.01M |
| 2 |
Morgan Stanley
New York
|
+$2.78M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$2.52M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.22M |
| 5 |
AIM
AHL Investment Management
Winter Park,
Florida
|
+$904K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.48M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.3M |
| 3 |
SCM
Saba Capital Management
New York
|
-$1.18M |
| 4 |
RVPG
Relative Value Partners Group
|
-$405K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$381K |
SDHY Hedge Fund Activity: Q2 2023 in Review
47 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in PGIM Short Duration High Yield Opportunities Fund (SDHY) for Q2 2023, worth a combined $167M — up 4.9% from $160M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SDHY positions and 1 closed out — a net gain of 4 holders — while 15 added to existing stakes and 20 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $3.01M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.48M.
- 47 institutional investors held PGIM Short Duration High Yield Opportunities Fund (SDHY) as of Q2 2023, up from 43 in Q1 2023.
- Funds reported $167M of PGIM Short Duration High Yield Opportunities Fund stock for Q2 2023, up 4.9% quarter-over-quarter.
- 5 funds opened new PGIM Short Duration High Yield Opportunities Fund positions in Q2 2023 and 1 closed out, a net change of +4 holders.
- The largest PGIM Short Duration High Yield Opportunities Fund buyer in Q2 2023 was Raymond James Financial Services Advisors, an estimated $3.01M added.
- The largest PGIM Short Duration High Yield Opportunities Fund seller in Q2 2023 was Rivernorth Capital Management, an estimated $2.48M sold.
Based on aggregated 13F filings for Q2 2023.