Western Asset Global High Income Fund
EHI
58 hedge funds and large institutions have $179M invested in Western Asset Global High Income Fund in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 8 closing their positions.
10% more capital invested
Capital invested by funds: $162M → $179M (+$16.2M)
1.54% more ownership
Funds ownership: 38.54% → 40.09% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 60 → 58 (-2)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$7.07M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.9M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.15M |
| 4 |
Morgan Stanley
New York
|
+$443K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$400K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.11M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.74M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$630K |
| 4 |
Millennium Management
New York
|
-$578K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$408K |
EHI Hedge Fund Activity: Q2 2019 in Review
58 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global High Income Fund (EHI) for Q2 2019, worth a combined $179M — up 10% from $162M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EHI and 6 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 16 added.
The largest buyer was Saba Capital Management, adding an estimated $7.07M. The largest seller was Parametric Portfolio Associates, cutting an estimated $2.11M.
- 58 institutional investors held Western Asset Global High Income Fund (EHI) as of Q2 2019, down from 60 in Q1 2019.
- Funds reported $179M of Western Asset Global High Income Fund stock for Q2 2019, up 10% quarter-over-quarter.
- 6 funds opened new Western Asset Global High Income Fund positions in Q2 2019 and 8 closed out, a net change of -2 holders.
- The largest Western Asset Global High Income Fund buyer in Q2 2019 was Saba Capital Management, an estimated $7.07M added.
- The largest Western Asset Global High Income Fund seller in Q2 2019 was Parametric Portfolio Associates, an estimated $2.11M sold.
Based on aggregated 13F filings for Q2 2019.