Western Asset Global High Income Fund
EHI
42 hedge funds and large institutions have $49.9M invested in Western Asset Global High Income Fund in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 7 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
2% less funds holding
Funds holding: 43 → 42 (-1)
4.68% less ownership
Funds ownership: 21.22% → 16.53% (-4.7%)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
16% less capital invested
Capital invested by funds: $59.5M → $49.9M (-$9.66M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$1.6M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.23M |
| 3 |
Cohen & Steers
New York
|
+$840K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$538K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$6.77M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.5M |
| 3 |
SCM
Saba Capital Management
New York
|
-$2.47M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.31M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.12M |
EHI Hedge Fund Activity: Q2 2016 in Review
42 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q2 2016, worth a combined $49.9M — down 16% from $59.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of EHI and 6 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 14 added.
The largest buyer was Laurion Capital Management, adding an estimated $1.6M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $6.77M sold.
- 42 institutional investors held Western Asset Global High Income Fund (EHI) as of Q2 2016, down from 43 in Q1 2016.
- Funds reported $49.9M of Western Asset Global High Income Fund stock for Q2 2016, down 16% quarter-over-quarter.
- 6 funds opened new Western Asset Global High Income Fund positions in Q2 2016 and 7 closed out, a net change of -1 holder.
- The largest Western Asset Global High Income Fund buyer in Q2 2016 was Laurion Capital Management, an estimated $1.6M added.
- The largest Western Asset Global High Income Fund seller in Q2 2016 was Parametric Portfolio Associates, an estimated $6.77M sold.
Based on aggregated 13F filings for Q2 2016.