Western Asset Global High Income Fund
EHI
72 hedge funds and large institutions have $137M invested in Western Asset Global High Income Fund in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 28 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
3% more funds holding
Funds holding: 70 → 72 (+2)
1.65% more ownership
Funds ownership: 31.78% → 33.44% (+1.7%)
4% more capital invested
Capital invested by funds: $131M → $137M (+$5.37M)
39% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.75M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.02M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$870K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$697K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$330K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$793K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$506K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$347K |
| 4 |
ICM
Ionic Capital Management
New York
|
-$323K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$276K |
EHI Hedge Fund Activity: Q3 2018 in Review
72 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q3 2018, worth a combined $137M — up 4.1% from $131M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EHI positions and 7 closed out — a net gain of 2 holders — while 17 added to existing stakes and 28 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $5.75M. The largest seller was Morgan Stanley, cutting an estimated $793K.
- 72 institutional investors held Western Asset Global High Income Fund (EHI) as of Q3 2018, up from 70 in Q2 2018.
- Funds reported $137M of Western Asset Global High Income Fund stock for Q3 2018, up 4.1% quarter-over-quarter.
- 9 funds opened new Western Asset Global High Income Fund positions in Q3 2018 and 7 closed out, a net change of +2 holders.
- The largest Western Asset Global High Income Fund buyer in Q3 2018 was Saba Capital Management, an estimated $5.75M added.
- The largest Western Asset Global High Income Fund seller in Q3 2018 was Morgan Stanley, an estimated $793K sold.
Based on aggregated 13F filings for Q3 2018.