Western Asset Global High Income Fund
EHI
55 hedge funds and large institutions have $145M invested in Western Asset Global High Income Fund in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 8 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
2.3% more ownership
Funds ownership: 40.09% → 42.39% (+2.3%)
2% more capital invested
Capital invested by funds: $141M → $145M (+$3.24M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 58 → 55 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.2M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.65M |
| 3 |
Morgan Stanley
New York
|
+$1.16M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$769K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$338K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.76M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$442K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$342K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$250K |
| 5 |
Millennium Management
New York
|
-$250K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFS
51
Sowell Financial Services
North Little Rock,
Arkansas
| $1K | +$543 | +55 | New |
|
|
BCWM
52
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| $20 | – | – | – |
|
|
53
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$442K | -44,528 | Closed |
|
|
WS
54
Wedbush Securities
Los Angeles,
California
| – | -$102K | -10,231 | Closed |
|
|
TPWA
55
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$61K | -6,190 | Closed |
|
|
CFGS
56
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$17.7K | -1,790 | Closed |
|
|
DSC
57
Duncker Streett & Co
St. Louis,
Missouri
| – | -$7K | -728 | Closed |
|
|
JFA
58
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$5K | -455 | Closed |
|
59
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -150 | Closed |
|
|
POIA
60
Pin Oak Investment Advisors
Houston,
Texas
| – | -$1K | -68 | Closed |
|
EHI Hedge Fund Activity: Q3 2019 in Review
55 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q3 2019, worth a combined $145M — up 2.3% from $141M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EHI and 5 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 17 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $4.2M. The largest seller was Advisors Asset Management, cutting an estimated $1.76M.
- 55 institutional investors held Western Asset Global High Income Fund (EHI) as of Q3 2019, down from 58 in Q2 2019.
- Funds reported $145M of Western Asset Global High Income Fund stock for Q3 2019, up 2.3% quarter-over-quarter.
- 5 funds opened new Western Asset Global High Income Fund positions in Q3 2019 and 8 closed out, a net change of -3 holders.
- The largest Western Asset Global High Income Fund buyer in Q3 2019 was Rivernorth Capital Management, an estimated $4.2M added.
- The largest Western Asset Global High Income Fund seller in Q3 2019 was Advisors Asset Management, an estimated $1.76M sold.
Based on aggregated 13F filings for Q3 2019.