Miller/Howard High Income Equity Fund
HIE
HIE was delisted on the 20th of November, 2024.
40 hedge funds and large institutions have $41.6M invested in Miller/Howard High Income Equity Fund in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 10 closing their positions.
30% more capital invested
Capital invested by funds: $32M → $41.6M (+$9.61M)
9% less funds holding
Funds holding: 44 → 40 (-4)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$9.95M |
| 2 |
Morgan Stanley
New York
|
+$1.4M |
| 3 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$1.24M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$469K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$820K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$592K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$588K |
| 4 |
Walleye Capital
New York
|
-$551K |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$397K |
HIE Hedge Fund Activity: Q3 2020 in Review
40 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Miller/Howard High Income Equity Fund (HIE) for Q3 2020, worth a combined $41.6M — up 30% from $32M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of HIE and 6 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 11 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $9.95M. The largest seller was Landscape Capital Management, cutting an estimated $820K.
- 40 institutional investors held Miller/Howard High Income Equity Fund (HIE) as of Q3 2020, down from 44 in Q2 2020.
- Funds reported $41.6M of Miller/Howard High Income Equity Fund stock for Q3 2020, up 30% quarter-over-quarter.
- 6 funds opened new Miller/Howard High Income Equity Fund positions in Q3 2020 and 10 closed out, a net change of -4 holders.
- The largest Miller/Howard High Income Equity Fund buyer in Q3 2020 was Saba Capital Management, an estimated $9.95M added.
- The largest Miller/Howard High Income Equity Fund seller in Q3 2020 was Landscape Capital Management, an estimated $820K sold.
Based on aggregated 13F filings for Q3 2020.