Western Asset High Income Opportunity Fund
HIO
97 hedge funds and large institutions have $128M invested in Western Asset High Income Opportunity Fund in 2022 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 14 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
1.53% more ownership
Funds ownership: 28.74% → 30.28% (+1.5%)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
3% less funds holding
Funds holding: 100 → 97 (-3)
10% less capital invested
Capital invested by funds: $142M → $128M (-$13.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.31M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.82M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.56M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.19M |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$9.57M |
| 2 |
Morgan Stanley
New York
|
-$476K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$472K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$378K |
| 5 |
BlackRock
New York
|
-$312K |
HIO Hedge Fund Activity: Q1 2022 in Review
97 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q1 2022, worth a combined $128M — down 9.6% from $142M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of HIO and 13 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 33 added.
The largest buyer was Guggenheim Capital, adding an estimated $4.31M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $9.57M sold.
- 97 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q1 2022, down from 100 in Q4 2021.
- Funds reported $128M of Western Asset High Income Opportunity Fund stock for Q1 2022, down 9.6% quarter-over-quarter.
- 13 funds opened new Western Asset High Income Opportunity Fund positions in Q1 2022 and 14 closed out, a net change of -1 holder.
- The largest Western Asset High Income Opportunity Fund buyer in Q1 2022 was Guggenheim Capital, an estimated $4.31M added.
- The largest Western Asset High Income Opportunity Fund seller in Q1 2022 was Penserra Capital Management, an estimated $9.57M sold.
Based on aggregated 13F filings for Q1 2022.