Western Asset High Income Opportunity Fund
HIO
100 hedge funds and large institutions have $142M invested in Western Asset High Income Opportunity Fund in 2021 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 34 increasing their positions, 21 reducing their positions, and 12 closing their positions.
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
62% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 21
9% more funds holding
Funds holding: 92 → 100 (+8)
7.41% less ownership
Funds ownership: 36.15% → 28.74% (-7.4%)
20% less capital invested
Capital invested by funds: $178M → $142M (-$36M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.29M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.53M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.23M |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$593K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$538K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$37.7M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.15M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.96M |
| 4 |
MSL
Mackay Shields LLC
New York
|
-$1.25M |
| 5 |
FC
FCA Corp
Houston,
Texas
|
-$407K |
HIO Hedge Fund Activity: Q4 2021 in Review
100 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q4 2021, worth a combined $142M — down 20% from $178M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new HIO positions and 12 closed out — a net gain of 10 holders — while 34 added to existing stakes and 21 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $2.29M. The largest seller was Bramshill Investments, exiting entirely with an estimated $37.7M sold.
- 100 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q4 2021, up from 92 in Q3 2021.
- Funds reported $142M of Western Asset High Income Opportunity Fund stock for Q4 2021, down 20% quarter-over-quarter.
- 22 funds opened new Western Asset High Income Opportunity Fund positions in Q4 2021 and 12 closed out, a net change of +10 holders.
- The largest Western Asset High Income Opportunity Fund buyer in Q4 2021 was Guggenheim Capital, an estimated $2.29M added.
- The largest Western Asset High Income Opportunity Fund seller in Q4 2021 was Bramshill Investments, an estimated $37.7M sold.
Based on aggregated 13F filings for Q4 2021.