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HIO

Western Asset High Income Opportunity Fund

99 hedge funds and large institutions have $142M invested in Western Asset High Income Opportunity Fund in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 27 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 27

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.21% less ownership

Funds ownership: 40.44%39.23% (-1.2%)

7% less capital invested

Capital invested by funds: $152M → $142M (-$10M)

7% less funds holding

Funds holding: 10799 (-8)

32% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 19

Holders
99
Holders Change
-8
Holders Change %
-7.48%
% of All Funds
1.58%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
13
Increased
33
Reduced
27
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
26
First Trust Advisors
Illinois
$867K -$252K -63,361 -22%
TIM
27
Tortoise Investment Management
New York
$836K -$624K -156,952 -42%
RJA
28
Raymond James & Associates
Florida
$829K +$203K +51,109 +31%
PFA
29
Pathway Financial Advisers
Indiana
$825K +$47K +11,829 +6%
RJFSA
30
Raymond James Financial Services Advisors
Florida
$794K +$146K +36,609 +21%
POIA
31
Pin Oak Investment Advisors
Texas
$533K
CF
32
Centaurus Financial
California
$399K -$135K -33,888 -24%
RIA
33
Regal Investment Advisors
Michigan
$395K +$19K +4,785 +5%
Osaic Holdings
34
Osaic Holdings
Arizona
$379K +$103K +25,946 +35%
GHAM
35
Gilman Hill Asset Management
Connecticut
$331K
LPL Financial
36
LPL Financial
California
$325K +$64.2K +16,152 +23%
NA
37
NewEdge Advisors
Louisiana
$319K +$21.5K +5,412 +7%
Truist Financial
38
Truist Financial
North Carolina
$279K
Lazard Asset Management
39
Lazard Asset Management
New York
$268K
Cambridge Investment Research Advisors
40
Cambridge Investment Research Advisors
Iowa
$251K -$44.1K -11,086 -14%
SFS
41
Shaker Financial Services
Virginia
$247K -$1.4M -352,984 -85%
TIM
42
Triad Investment Management
California
$205K -$4.67K -1,174 -2%
CAN
43
Cetera Advisor Networks
California
$179K +$28.4K +7,144 +18%
WBCM
44
Wilson & Boucher Capital Management
California
$177K -$54.9K -13,800 -23%
ICMP
45
Integrated Capital Management (Pennsylvania)
Pennsylvania
$164K -$26.6K -6,679 -17%
WSTAM
46
Wilbanks Smith & Thomas Asset Management
Virginia
$150K +$13.7K +3,445 +10%
CD
47
Chapin Davis
Maryland
$147K -$9.63K -2,421 -6%
NAS
48
NWF Advisory Services
California
$145K +$153K +38,369 New
PHS
49
Pekin Hardy Strauss
Illinois
$130K
DCM
50
Dudley Capital Management
Virginia
$126K

HIO Hedge Fund Activity: Q1 2023 in Review

99 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q1 2023, worth a combined $142M — down 6.6% from $152M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of HIO and 13 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 33 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $1.02M. The largest seller was Guggenheim Capital, cutting an estimated $1.42M.

  • 99 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q1 2023, down from 107 in Q4 2022.
  • Funds reported $142M of Western Asset High Income Opportunity Fund stock for Q1 2023, down 6.6% quarter-over-quarter.
  • 13 funds opened new Western Asset High Income Opportunity Fund positions in Q1 2023 and 19 closed out, a net change of -6 holders.
  • The largest Western Asset High Income Opportunity Fund buyer in Q1 2023 was Rivernorth Capital Management, an estimated $1.02M added.
  • The largest Western Asset High Income Opportunity Fund seller in Q1 2023 was Guggenheim Capital, an estimated $1.42M sold.

Based on aggregated 13F filings for Q1 2023.