Western Asset Global High Income Fund
EHI
76 hedge funds and large institutions have $145M invested in Western Asset Global High Income Fund in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
6% more capital invested
Capital invested by funds: $137M → $145M (+$8.01M)
6% more funds holding
Funds holding: 72 → 76 (+4)
5.56% more ownership
Funds ownership: 33.44% → 39% (+5.6%)
16% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$18.6M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.33M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.06M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$814K |
| 5 |
WAMC
Western Asset Management Company
Pasadena,
California
|
+$493K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.14M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.09M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.16M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.14M |
| 5 |
Morgan Stanley
New York
|
-$538K |
EHI Hedge Fund Activity: Q4 2018 in Review
76 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q4 2018, worth a combined $145M — up 5.9% from $137M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new EHI positions and 9 closed out — a net gain of 4 holders — while 21 added to existing stakes and 25 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $18.6M. The largest seller was UBS Group, cutting an estimated $2.14M.
- 76 institutional investors held Western Asset Global High Income Fund (EHI) as of Q4 2018, up from 72 in Q3 2018.
- Funds reported $145M of Western Asset Global High Income Fund stock for Q4 2018, up 5.9% quarter-over-quarter.
- 13 funds opened new Western Asset Global High Income Fund positions in Q4 2018 and 9 closed out, a net change of +4 holders.
- The largest Western Asset Global High Income Fund buyer in Q4 2018 was Saba Capital Management, an estimated $18.6M added.
- The largest Western Asset Global High Income Fund seller in Q4 2018 was UBS Group, an estimated $2.14M sold.
Based on aggregated 13F filings for Q4 2018.