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EHI

Western Asset Global High Income Fund

41 hedge funds and large institutions have $72M invested in Western Asset Global High Income Fund in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

11% more funds holding

Funds holding: 3741 (+4)

0.1% more ownership

Funds ownership: 18.83%18.94% (+0.1%)

0% less capital invested

Capital invested by funds: $72.2M → $72M (-$214K)

8% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 13

Holders
41
Holders Change
+4
Holders Change %
+10.81%
% of All Funds
1.19%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
12
Reduced
13
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$19.6M -$2M -162,291 -9%
Morgan Stanley
2
Morgan Stanley
New York
$15.3M -$279K -22,683 -2%
Invesco
3
Invesco
Georgia
$8.13M -$1,000K -81,165 -11%
SCM
4
Saba Capital Management
New York
$6.09M +$1.26M +102,247 +26%
CIA
5
Capital Investment Advisors
Georgia
$4.72M +$4.75M +385,595 New
TFMS
6
Trust & Fiduciary Management Services
Massachusetts
$2.85M +$460K +37,365 +19%
PPA
7
Parametric Portfolio Associates
Washington
$2.24M +$10.2K +828 +0.5%
Bank of America
8
Bank of America
North Carolina
$1.81M +$175K +14,176 +11%
GBA
9
Garrison Bradford & Associates
New York
$1.78M -$42.3K -3,435 -2%
U
10
UBS
Switzerland
$1.39M +$293K +23,783 +26%
Cohen & Steers
11
Cohen & Steers
New York
$1.33M -$1.89M -153,607 -59%
LPL Financial
12
LPL Financial
California
$995K +$24.6K +1,995 +3%
First Trust Advisors
13
First Trust Advisors
Illinois
$794K -$58.5K -4,754 -7%
AAM
14
Advisors Asset Management
Colorado
$667K +$116K +9,401 +21%
Goldman Sachs
15
Goldman Sachs
New York
$410K +$40.1K +3,259 +11%
Citigroup
16
Citigroup
New York
$408K +$10.5K +856 +3%
PP
17
Paloma Partners
Connecticut
$400K +$403K +32,708 New
RJA
18
Raymond James & Associates
Florida
$374K -$47.2K -3,836 -11%
B
19
Baird
Wisconsin
$303K -$17.6K -1,429 -5%
SG Americas Securities
20
SG Americas Securities
New York
$298K +$300K +24,354 New
Wells Fargo
21
Wells Fargo
California
$294K +$837 +68 +0.3%
WEC
22
Winslow Evans & Crocker
Massachusetts
$258K +$260K +21,078 New
GEM
23
Global Endowment Management
North Carolina
$202K
US Bancorp
24
US Bancorp
Minnesota
$170K
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$167K -$62 -5 -0%

EHI Hedge Fund Activity: Q4 2013 in Review

41 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q4 2013, worth a combined $72M — down 0.3% from $72.2M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new EHI positions and 7 closed out — a net gain of 4 holders — while 12 added to existing stakes and 13 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $1.26M. The largest seller was Guggenheim Capital, cutting an estimated $2M.

  • 41 institutional investors held Western Asset Global High Income Fund (EHI) as of Q4 2013, up from 37 in Q3 2013.
  • Funds reported $72M of Western Asset Global High Income Fund stock for Q4 2013, down 0.3% quarter-over-quarter.
  • 11 funds opened new Western Asset Global High Income Fund positions in Q4 2013 and 7 closed out, a net change of +4 holders.
  • The largest Western Asset Global High Income Fund buyer in Q4 2013 was Saba Capital Management, an estimated $1.26M added.
  • The largest Western Asset Global High Income Fund seller in Q4 2013 was Guggenheim Capital, an estimated $2M sold.

Based on aggregated 13F filings for Q4 2013.