Western Asset High Income Opportunity Fund
HIO
66 hedge funds and large institutions have $111M invested in Western Asset High Income Opportunity Fund in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 12 closing their positions.
1.07% more ownership
Funds ownership: 24.65% → 25.72% (+1.1%)
1% more capital invested
Capital invested by funds: $110M → $111M (+$907K)
12% less funds holding
Funds holding: 75 → 66 (-9)
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.03M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.91M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.68M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$876K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$714K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PT Asset Management
Chicago,
Illinois
|
-$2.87M |
| 2 |
SG Americas Securities
New York
|
-$1.69M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.66M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$861K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$669K |
HIO Hedge Fund Activity: Q2 2015 in Review
66 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q2 2015, worth a combined $111M — up 0.83% from $110M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HIO and 4 opened new positions — a net loss of 8 holders — while 20 trimmed existing stakes and 16 added.
The largest buyer was Saba Capital Management, adding an estimated $5.03M. The largest seller was PT Asset Management, exiting entirely with an estimated $2.87M sold.
- 66 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q2 2015, down from 75 in Q1 2015.
- Funds reported $111M of Western Asset High Income Opportunity Fund stock for Q2 2015, up 0.83% quarter-over-quarter.
- 4 funds opened new Western Asset High Income Opportunity Fund positions in Q2 2015 and 12 closed out, a net change of -8 holders.
- The largest Western Asset High Income Opportunity Fund buyer in Q2 2015 was Saba Capital Management, an estimated $5.03M added.
- The largest Western Asset High Income Opportunity Fund seller in Q2 2015 was PT Asset Management, an estimated $2.87M sold.
Based on aggregated 13F filings for Q2 2015.