Western Asset Global High Income Fund
EHI
61 hedge funds and large institutions have $76M invested in Western Asset Global High Income Fund in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
15% more capital invested
Capital invested by funds: $65.9M → $76M (+$10.2M)
9% more funds holding
Funds holding: 56 → 61 (+5)
2.84% more ownership
Funds ownership: 14.25% → 17.1% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.27M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.85M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$1.78M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.29M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$788K |
| 2 |
SCM
Saba Capital Management
New York
|
-$352K |
| 3 |
Morgan Stanley
New York
|
-$328K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
-$121K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$105K |
EHI Hedge Fund Activity: Q4 2016 in Review
61 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q4 2016, worth a combined $76M — up 15% from $65.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EHI positions and 4 closed out — a net gain of 5 holders — while 23 added to existing stakes and 17 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.27M. The largest seller was Yorktown Management & Research Company, exiting entirely with an estimated $788K sold.
- 61 institutional investors held Western Asset Global High Income Fund (EHI) as of Q4 2016, up from 56 in Q3 2016.
- Funds reported $76M of Western Asset Global High Income Fund stock for Q4 2016, up 15% quarter-over-quarter.
- 9 funds opened new Western Asset Global High Income Fund positions in Q4 2016 and 4 closed out, a net change of +5 holders.
- The largest Western Asset Global High Income Fund buyer in Q4 2016 was Sit Investment Associates, an estimated $2.27M added.
- The largest Western Asset Global High Income Fund seller in Q4 2016 was Yorktown Management & Research Company, an estimated $788K sold.
Based on aggregated 13F filings for Q4 2016.