Western Asset Global High Income Fund
EHI
46 hedge funds and large institutions have $72.8M invested in Western Asset Global High Income Fund in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
21% more funds holding
Funds holding: 38 → 46 (+8)
2.49% more ownership
Funds ownership: 18.64% → 21.13% (+2.5%)
3% more capital invested
Capital invested by funds: $70.6M → $72.8M (+$2.27M)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.67M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.45M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.03M |
| 4 |
SG Americas Securities
New York
|
+$763K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$753K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.92M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$851K |
| 3 |
GBA
Garrison Bradford & Associates
New York
|
-$791K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$180K |
| 5 |
TFMS
Trust & Fiduciary Management Services
Boston,
Massachusetts
|
-$167K |
EHI Hedge Fund Activity: Q4 2014 in Review
46 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q4 2014, worth a combined $72.8M — up 3.2% from $70.6M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new EHI positions and 6 closed out — a net gain of 9 holders — while 10 added to existing stakes and 15 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $6.67M. The largest seller was Morgan Stanley, cutting an estimated $1.92M.
- 46 institutional investors held Western Asset Global High Income Fund (EHI) as of Q4 2014, up from 38 in Q3 2014.
- Funds reported $72.8M of Western Asset Global High Income Fund stock for Q4 2014, up 3.2% quarter-over-quarter.
- 15 funds opened new Western Asset Global High Income Fund positions in Q4 2014 and 6 closed out, a net change of +9 holders.
- The largest Western Asset Global High Income Fund buyer in Q4 2014 was Rivernorth Capital Management, an estimated $6.67M added.
- The largest Western Asset Global High Income Fund seller in Q4 2014 was Morgan Stanley, an estimated $1.92M sold.
Based on aggregated 13F filings for Q4 2014.