PGIM Short Duration High Yield Opportunities Fund
SDHY
63 hedge funds and large institutions have $175M invested in PGIM Short Duration High Yield Opportunities Fund in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 12 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
117% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 12
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
19% more funds holding
Funds holding: 53 → 63 (+10)
4% more capital invested
Capital invested by funds: $169M → $175M (+$6.44M)
0.12% more ownership
Funds ownership: 47.27% → 47.39% (+0.12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$4.99M |
| 2 |
RVPG
Relative Value Partners Group
|
+$2.4M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.61M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.47M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$18.5M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.61M |
| 3 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$3.74M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.32M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$540K |
SDHY Hedge Fund Activity: Q4 2023 in Review
63 of the 6,869 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 $175M — up 3.8% 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 26 added to existing stakes and 12 trimmed.
The largest buyer was Almitas Capital, adding an estimated $4.99M. The largest seller was Morgan Stanley, cutting an estimated $18.5M.
- 63 institutional investors held PGIM Short Duration High Yield Opportunities Fund (SDHY) as of Q4 2023, up from 53 in Q3 2023.
- Funds reported $175M of PGIM Short Duration High Yield Opportunities Fund stock for Q4 2023, up 3.8% 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 Almitas Capital, an estimated $4.99M added.
- The largest PGIM Short Duration High Yield Opportunities Fund seller in Q4 2023 was Morgan Stanley, an estimated $18.5M sold.
Based on aggregated 13F filings for Q4 2023.