Western Asset Global High Income Fund
EHI
42 hedge funds and large institutions have $70M invested in Western Asset Global High Income Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 3 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% more funds holding
Funds holding: 41 → 42 (+1)
0.61% less ownership
Funds ownership: 18.94% → 18.32% (-0.61%)
3% less capital invested
Capital invested by funds: $72M → $70M (-$2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFMS
Trust & Fiduciary Management Services
Boston,
Massachusetts
|
+$388K |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$334K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$322K |
| 4 |
AIG
American International Group
New York
|
+$237K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.2M |
| 2 |
Morgan Stanley
New York
|
-$571K |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$400K |
| 4 |
SG Americas Securities
New York
|
-$298K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$276K |
EHI Hedge Fund Activity: Q1 2014 in Review
42 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q1 2014, worth a combined $70M — down 2.8% from $72M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new EHI positions and 3 closed out — a net gain of 1 holder — while 16 added to existing stakes and 11 trimmed.
The largest buyer was Trust & Fiduciary Management Services, adding an estimated $388K. The largest seller was Guggenheim Capital, cutting an estimated $2.2M.
- 42 institutional investors held Western Asset Global High Income Fund (EHI) as of Q1 2014, up from 41 in Q4 2013.
- Funds reported $70M of Western Asset Global High Income Fund stock for Q1 2014, down 2.8% quarter-over-quarter.
- 4 funds opened new Western Asset Global High Income Fund positions in Q1 2014 and 3 closed out, a net change of +1 holder.
- The largest Western Asset Global High Income Fund buyer in Q1 2014 was Trust & Fiduciary Management Services, an estimated $388K added.
- The largest Western Asset Global High Income Fund seller in Q1 2014 was Guggenheim Capital, an estimated $2.2M sold.
Based on aggregated 13F filings for Q1 2014.