Western Asset Global High Income Fund
EHI
56 hedge funds and large institutions have $65.7M invested in Western Asset Global High Income Fund in 2016 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 23 increasing their positions, 7 reducing their positions, and 6 closing their positions.
233% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 6
229% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 7
33% more funds holding
Funds holding: 42 → 56 (+14)
32% more capital invested
Capital invested by funds: $49.9M → $65.7M (+$15.8M)
2.28% less ownership
Funds ownership: 16.53% → 14.25% (-2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.06M |
| 2 |
Citigroup
New York
|
+$3.33M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.84M |
| 4 |
Morgan Stanley
New York
|
+$919K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$915K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$3.32M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.62M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$261K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$223K |
| 5 |
KeyBank National Association
Cleveland,
Ohio
|
-$102K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DSC
51
Duncker Streett & Co
St. Louis,
Missouri
| $10K | +$10.3K | +1,019 | New |
|
|
WOC
52
West Oak Capital
Westlake Village,
California
| $7.13K | – | – | – |
|
|
GWM
53
Geneos Wealth Management
Englewood,
Colorado
| $6K | +$6.63K | +659 | New |
|
|
NFG
54
Next Financial Group
Houston,
Texas
| $4K | – | – | – |
|
|
PCM
55
Penserra Capital Management
Orinda,
California
| $4K | +$1.11K | +110 | +33% |
|
56
SEI Investments
Oaks,
Pennsylvania
| $1K | +$765 | +76 | New |
|
|
LCS
57
Levin Capital Strategies
New York
| $186 | +$183K | +18,206 | New |
|
|
AA
58
AQR Arbitrage
Greenwich,
Connecticut
| – | -$261K | -26,896 | Closed |
|
|
VKH
59
Virtu KCG Holdings
New York
| – | -$223K | -22,954 | Closed |
|
|
60
KeyBank National Association
Cleveland,
Ohio
| – | -$102K | -10,525 | Closed |
|
|
SCM
61
Southport Capital Management
Chattanooga,
Tennessee
| – | -$15K | -1,500 | Closed |
|
|
WTB
62
Washington Trust Bank
Spokane,
Washington
| – | -$9K | -923 | Closed |
|
|
TRCT
63
Tower Research Capital (TRC)
New York
| – | -$2K | -200 | Closed |
|
EHI Hedge Fund Activity: Q3 2016 in Review
56 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q3 2016, worth a combined $65.7M — up 32% from $49.9M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new EHI positions and 6 closed out — a net gain of 14 holders — while 23 added to existing stakes and 7 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $4.06M. The largest seller was Laurion Capital Management, cutting an estimated $3.32M.
- 56 institutional investors held Western Asset Global High Income Fund (EHI) as of Q3 2016, up from 42 in Q2 2016.
- Funds reported $65.7M of Western Asset Global High Income Fund stock for Q3 2016, up 32% quarter-over-quarter.
- 20 funds opened new Western Asset Global High Income Fund positions in Q3 2016 and 6 closed out, a net change of +14 holders.
- The largest Western Asset Global High Income Fund buyer in Q3 2016 was Saba Capital Management, an estimated $4.06M added.
- The largest Western Asset Global High Income Fund seller in Q3 2016 was Laurion Capital Management, an estimated $3.32M sold.
Based on aggregated 13F filings for Q3 2016.