Brookfield High Income Fund Inc.
HHY
HHY was delisted on the 2nd of December, 2016.
47 hedge funds and large institutions have $28M invested in Brookfield High Income Fund Inc. in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 4 reducing their positions, and 8 closing their positions.
450% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 4
28% more capital invested
Capital invested by funds: $21.8M → $28M (+$6.19M)
2% less funds holding
Funds holding: 48 → 47 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.02M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$893K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$869K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$757K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$698K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$600K |
| 2 |
HK
Horizon Kinetics
New York
|
-$466K |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$216K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$183K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$97.1K |
HHY Hedge Fund Activity: Q3 2016 in Review
47 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Brookfield High Income Fund Inc. (HHY) for Q3 2016, worth a combined $28M — up 28% from $21.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HHY and 7 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 22 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.02M. The largest seller was Pine River Capital Management, exiting entirely with an estimated $600K sold.
- 47 institutional investors held Brookfield High Income Fund Inc. (HHY) as of Q3 2016, down from 48 in Q2 2016.
- Funds reported $28M of Brookfield High Income Fund Inc. stock for Q3 2016, up 28% quarter-over-quarter.
- 7 funds opened new Brookfield High Income Fund Inc. positions in Q3 2016 and 8 closed out, a net change of -1 holder.
- The largest Brookfield High Income Fund Inc. buyer in Q3 2016 was Royal Bank of Canada, an estimated $1.02M added.
- The largest Brookfield High Income Fund Inc. seller in Q3 2016 was Pine River Capital Management, an estimated $600K sold.
Based on aggregated 13F filings for Q3 2016.