Western Asset Global High Income Fund
EHI
37 hedge funds and large institutions have $70.2M invested in Western Asset Global High Income Fund in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 7 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
0% more capital invested
Capital invested by funds: $70M → $70.2M (+$263K)
0.72% less ownership
Funds ownership: 18.32% → 17.6% (-0.72%)
12% less funds holding
Funds holding: 42 → 37 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.16M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$745K |
| 3 |
TFMS
Trust & Fiduciary Management Services
Boston,
Massachusetts
|
+$708K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$708K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$451K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$5.99M |
| 2 |
B
Baird
Milwaukee,
Wisconsin
|
-$434K |
| 3 |
Goldman Sachs
New York
|
-$183K |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$163K |
| 5 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
-$128K |
EHI Hedge Fund Activity: Q2 2014 in Review
37 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q2 2014, worth a combined $70.2M — up 0.38% from $70M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of EHI and 2 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 17 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $1.16M. The largest seller was Saba Capital Management, exiting entirely with an estimated $5.99M sold.
- 37 institutional investors held Western Asset Global High Income Fund (EHI) as of Q2 2014, down from 42 in Q1 2014.
- Funds reported $70.2M of Western Asset Global High Income Fund stock for Q2 2014, up 0.38% quarter-over-quarter.
- 2 funds opened new Western Asset Global High Income Fund positions in Q2 2014 and 7 closed out, a net change of -5 holders.
- The largest Western Asset Global High Income Fund buyer in Q2 2014 was Parametric Portfolio Associates, an estimated $1.16M added.
- The largest Western Asset Global High Income Fund seller in Q2 2014 was Saba Capital Management, an estimated $5.99M sold.
Based on aggregated 13F filings for Q2 2014.