Western Asset Global High Income Fund
EHI
74 hedge funds and large institutions have $130M invested in Western Asset Global High Income Fund in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
13% more capital invested
Capital invested by funds: $115M → $130M (+$14.6M)
7% more funds holding
Funds holding: 69 → 74 (+5)
5.47% more ownership
Funds ownership: 24.91% → 30.38% (+5.5%)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$15.3M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$6.67M |
| 3 |
SCM
Saba Capital Management
New York
|
+$2.21M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.24M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.07M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.25M |
| 3 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$947K |
| 4 |
Morgan Stanley
New York
|
-$931K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$783K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCM
76
Vivaldi Capital Management
Chicago,
Illinois
| – | -$947K | -92,634 | Closed |
|
|
AGM
77
Alpine Global Management
New York
| – | -$614K | -60,063 | Closed |
|
|
LNC
78
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$193K | -18,924 | Closed |
|
79
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$128K | -12,519 | Closed |
|
80
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$117K | -11,450 | Closed |
|
|
WTB
81
Washington Trust Bank
Spokane,
Washington
| – | -$27K | -2,650 | Closed |
|
|
GWM
82
Geneos Wealth Management
Englewood,
Colorado
| – | -$3K | -386 | Closed |
|
|
CA
83
Calton & Associates
Tampa,
Florida
| – | -$2K | -282 | Closed |
|
EHI Hedge Fund Activity: Q1 2018 in Review
74 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q1 2018, worth a combined $130M — up 13% from $115M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new EHI positions and 8 closed out — a net gain of 5 holders — while 24 added to existing stakes and 22 trimmed.
The largest buyer was UBS Group, adding an estimated $15.3M. The largest seller was Millennium Management, cutting an estimated $2.07M.
- 74 institutional investors held Western Asset Global High Income Fund (EHI) as of Q1 2018, up from 69 in Q4 2017.
- Funds reported $130M of Western Asset Global High Income Fund stock for Q1 2018, up 13% quarter-over-quarter.
- 13 funds opened new Western Asset Global High Income Fund positions in Q1 2018 and 8 closed out, a net change of +5 holders.
- The largest Western Asset Global High Income Fund buyer in Q1 2018 was UBS Group, an estimated $15.3M added.
- The largest Western Asset Global High Income Fund seller in Q1 2018 was Millennium Management, an estimated $2.07M sold.
Based on aggregated 13F filings for Q1 2018.