Western Asset Global High Income Fund
EHI
51 hedge funds and large institutions have $175M invested in Western Asset Global High Income Fund in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 15 closing their positions.
31% more capital invested
Capital invested by funds: $133M → $175M (+$41.6M)
2.48% more ownership
Funds ownership: 40.35% → 42.83% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
18% less funds holding
Funds holding: 62 → 51 (-11)
22% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 18
73% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.62M |
| 2 |
SCM
Saba Capital Management
New York
|
+$5.26M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$782K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$655K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$445K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.32M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$877K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$515K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$503K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$489K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CRC
51
Curi RMB Capital
Chicago,
Illinois
| – | -$229K | -30,621 | Closed |
|
|
WAM
52
Wolverine Asset Management
Chicago,
Illinois
| – | -$190K | -25,460 | Closed |
|
|
UCFA
53
United Capital Financial Advisors
Irving,
Texas
| – | -$135K | -18,083 | Closed |
|
54
Jane Street
New York
| – | -$119K | -15,926 | Closed |
|
55
Walleye Capital
New York
| – | -$93K | -12,426 | Closed |
|
|
AA
56
AQR Arbitrage
Greenwich,
Connecticut
| – | -$82K | -10,989 | Closed |
|
|
LNC
57
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$77K | -10,371 | Closed |
|
|
ICA
58
Infrastructure Capital Advisors
New York
| – | -$55K | -7,365 | Closed |
|
|
FIA
59
FNY Investment Advisers
New York
| – | -$49K | -6,659 | Closed |
|
|
AIC
60
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$31K | -4,099 | Closed |
|
|
AF
61
Allworth Financial
Folsom,
California
| – | -$15K | -2,050 | Closed |
|
|
ASN
62
Advisory Services Network
Atlanta,
Georgia
| – | -$15K | -2,013 | Closed |
|
EHI Hedge Fund Activity: Q2 2020 in Review
51 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q2 2020, worth a combined $175M — up 31% from $133M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of EHI and 4 opened new positions — a net loss of 11 holders — while 18 trimmed existing stakes and 14 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $7.62M. The largest seller was Sit Investment Associates, cutting an estimated $1.32M.
- 51 institutional investors held Western Asset Global High Income Fund (EHI) as of Q2 2020, down from 62 in Q1 2020.
- Funds reported $175M of Western Asset Global High Income Fund stock for Q2 2020, up 31% quarter-over-quarter.
- 4 funds opened new Western Asset Global High Income Fund positions in Q2 2020 and 15 closed out, a net change of -11 holders.
- The largest Western Asset Global High Income Fund buyer in Q2 2020 was Rivernorth Capital Management, an estimated $7.62M added.
- The largest Western Asset Global High Income Fund seller in Q2 2020 was Sit Investment Associates, an estimated $1.32M sold.
Based on aggregated 13F filings for Q2 2020.