Western Asset Global High Income Fund
EHI
69 hedge funds and large institutions have $115M invested in Western Asset Global High Income Fund in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
17% more funds holding
Funds holding: 59 → 69 (+10)
7% more capital invested
Capital invested by funds: $108M → $115M (+$7.38M)
1.8% more ownership
Funds ownership: 23.1% → 24.91% (+1.8%)
18% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$6.41M |
| 2 |
Millennium Management
New York
|
+$2.29M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.93M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.38M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$3.4M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$2.54M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.02M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1M |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$752K |
EHI Hedge Fund Activity: Q4 2017 in Review
69 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q4 2017, worth a combined $115M — up 6.9% from $108M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new EHI positions and 7 closed out — a net gain of 10 holders — while 18 added to existing stakes and 22 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $6.41M. The largest seller was Citigroup, cutting an estimated $3.4M.
- 69 institutional investors held Western Asset Global High Income Fund (EHI) as of Q4 2017, up from 59 in Q3 2017.
- Funds reported $115M of Western Asset Global High Income Fund stock for Q4 2017, up 6.9% quarter-over-quarter.
- 17 funds opened new Western Asset Global High Income Fund positions in Q4 2017 and 7 closed out, a net change of +10 holders.
- The largest Western Asset Global High Income Fund buyer in Q4 2017 was Saba Capital Management, an estimated $6.41M added.
- The largest Western Asset Global High Income Fund seller in Q4 2017 was Citigroup, an estimated $3.4M sold.
Based on aggregated 13F filings for Q4 2017.