We are live on ! Find out more
HIO

Western Asset High Income Opportunity Fund

57 hedge funds and large institutions have $70.4M invested in Western Asset High Income Opportunity Fund in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 19 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 8

31% more capital invested

Capital invested by funds: $53.7M → $70.4M (+$16.7M)

10% more funds holding

Funds holding: 5257 (+5)

3.46% more ownership

Funds ownership: 10.66%14.12% (+3.5%)

32% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 19

Holders
57
Holders Change
+5
Holders Change %
+9.62%
% of All Funds
1.85%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
13
Reduced
19
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SGCA
26
Steel Grove Capital Advisors
Tennessee
$255K
CA
27
Cornerstone Advisors
North Carolina
$242K +$236K +40,489 New
LTFS
28
Ladenburg Thalmann Financial Services
Florida
$241K -$9.68K -1,657 -4%
DA
29
Doliver Advisors
Texas
$221K -$222K -38,104 -51%
Royal Bank of Canada
30
Royal Bank of Canada
Ontario, Canada
$219K -$6.17K -1,057 -3%
PNC Financial Services Group
31
PNC Financial Services Group
Pennsylvania
$195K +$31.2K +5,343 +19%
SFS
32
Shaker Financial Services
Virginia
$195K +$129K +22,100 +208%
Cambridge Investment Research Advisors
33
Cambridge Investment Research Advisors
Iowa
$181K -$113K -19,293 -39%
GHAM
34
Gilman Hill Asset Management
Connecticut
$171K +$167K +28,600 New
CSIC
35
Clifford Swan Investment Counsel
California
$146K
LCM
36
Lucas Capital Management
New Jersey
$142K -$4.67K -800 -3%
Citigroup
37
Citigroup
New York
$121K -$490K -83,897 -80%
CCB
38
Cutter & Co Brokerage
Missouri
$117K +$31.5K +5,389 +38%
FM
39
Foster & Motley
Ohio
$113K -$11.6K -1,985 -10%
Comerica Bank
40
Comerica Bank
Texas
$101K +$98.3K +16,830 New
ANBT
41
American National Bank & Trust
Texas
$90K -$4.44K -761 -5%
RJT
42
Raymond James Trust
Florida
$80K +$15.2K +2,600 +24%
MFS
43
MSI Financial Services
Massachusetts
$67K -$1.46K -250 -2%
TT
44
Tower Trust
Indiana
$67K
MA
45
MUFG Americas
New York
$64K +$62.9K +10,777 New
WAM
46
Wolverine Asset Management
Illinois
$60K -$75.5K -12,938 -56%
ABC
47
Associated Banc-Corp
Wisconsin
$60K
B
48
Baird
Wisconsin
$60K +$58.4K +10,000 New
FNBT
49
FineMark National Bank & Trust
Florida
$27K
AAM
50
Advisors Asset Management
Colorado
$25K -$520K -89,065 -95%

HIO Hedge Fund Activity: Q3 2013 in Review

57 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q3 2013, worth a combined $70.4M — up 31% from $53.7M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new HIO positions and 8 closed out — a net gain of 6 holders — while 13 added to existing stakes and 19 trimmed.

The largest buyer was Saba Capital Management, opening a new position worth an estimated $7.91M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $1.77M sold.

  • 57 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q3 2013, up from 52 in Q2 2013.
  • Funds reported $70.4M of Western Asset High Income Opportunity Fund stock for Q3 2013, up 31% quarter-over-quarter.
  • 14 funds opened new Western Asset High Income Opportunity Fund positions in Q3 2013 and 8 closed out, a net change of +6 holders.
  • The largest Western Asset High Income Opportunity Fund buyer in Q3 2013 was Saba Capital Management, an estimated $7.91M added.
  • The largest Western Asset High Income Opportunity Fund seller in Q3 2013 was Sit Investment Associates, an estimated $1.77M sold.

Based on aggregated 13F filings for Q3 2013.