Western Asset Global High Income Fund
EHI
73 hedge funds and large institutions have $140M invested in Western Asset Global High Income Fund in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 28 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
3% more funds holding
Funds holding: 71 → 73 (+2)
1.67% more ownership
Funds ownership: 31.85% → 33.52% (+1.7%)
4% more capital invested
Capital invested by funds: $135M → $140M (+$5.38M)
36% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.75M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.02M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$870K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$697K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$330K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$793K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$506K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$347K |
| 4 |
ICM
Ionic Capital Management
New York
|
-$323K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$276K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SEI Investments
Oaks,
Pennsylvania
| – | -$31K | -3,390 | Closed |
|
|
CF
77
Centaurus Financial
Anaheim,
California
| – | -$26K | -2,870 | Closed |
|
|
PA
78
Parallel Advisors
San Francisco,
California
| – | -$20.5K | -2,240 | -100% |
|
|
PCM
79
Prelude Capital Management
New York
| – | -$3K | -300 | Closed |
|
80
Fidelity Investments
Boston,
Massachusetts
| – | +$9 | +1 | New |
|
EHI Hedge Fund Activity: Q3 2018 in Review
73 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q3 2018, worth a combined $140M — up 4% from $135M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EHI positions and 7 closed out — a net gain of 2 holders — while 18 added to existing stakes and 28 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $5.75M. The largest seller was Morgan Stanley, cutting an estimated $793K.
- 73 institutional investors held Western Asset Global High Income Fund (EHI) as of Q3 2018, up from 71 in Q2 2018.
- Funds reported $140M of Western Asset Global High Income Fund stock for Q3 2018, up 4% quarter-over-quarter.
- 9 funds opened new Western Asset Global High Income Fund positions in Q3 2018 and 7 closed out, a net change of +2 holders.
- The largest Western Asset Global High Income Fund buyer in Q3 2018 was Saba Capital Management, an estimated $5.75M added.
- The largest Western Asset Global High Income Fund seller in Q3 2018 was Morgan Stanley, an estimated $793K sold.
Based on aggregated 13F filings for Q3 2018.