Western Asset Global High Income Fund
EHI
70 hedge funds and large institutions have $131M invested in Western Asset Global High Income Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 9 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
1.4% more ownership
Funds ownership: 30.38% → 31.78% (+1.4%)
1% more capital invested
Capital invested by funds: $130M → $131M (+$1.67M)
5% less funds holding
Funds holding: 74 → 70 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$8.65M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.69M |
| 3 |
BlackRock
New York
|
+$1.78M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.03M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$738K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.71M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.65M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.44M |
| 4 |
Morgan Stanley
New York
|
-$1.05M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$959K |
EHI Hedge Fund Activity: Q2 2018 in Review
70 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q2 2018, worth a combined $131M — up 1.3% from $130M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EHI and 6 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 25 added.
The largest buyer was Saba Capital Management, adding an estimated $8.65M. The largest seller was Guggenheim Capital, cutting an estimated $2.71M.
- 70 institutional investors held Western Asset Global High Income Fund (EHI) as of Q2 2018, down from 74 in Q1 2018.
- Funds reported $131M of Western Asset Global High Income Fund stock for Q2 2018, up 1.3% quarter-over-quarter.
- 6 funds opened new Western Asset Global High Income Fund positions in Q2 2018 and 9 closed out, a net change of -3 holders.
- The largest Western Asset Global High Income Fund buyer in Q2 2018 was Saba Capital Management, an estimated $8.65M added.
- The largest Western Asset Global High Income Fund seller in Q2 2018 was Guggenheim Capital, an estimated $2.71M sold.
Based on aggregated 13F filings for Q2 2018.