Western Asset High Income Opportunity Fund
HIO
98 hedge funds and large institutions have $120M invested in Western Asset High Income Opportunity Fund in 2024 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 30 reducing their positions, and 14 closing their positions.
1% more funds holding
Funds holding: 97 → 98 (+1)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
1% more capital invested
Capital invested by funds: $118M → $120M (+$1.59M)
7% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 30
1.51% less ownership
Funds ownership: 32.56% → 31.05% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$4.71M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
+$2.84M |
| 3 |
RC
Rareview Capital
Las Vegas,
Nevada
|
+$2.46M |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$536K |
| 5 |
Jones Financial Companies
Des Peres,
Missouri
|
+$396K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.66M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$2.78M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.66M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.38M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.1M |
HIO Hedge Fund Activity: Q3 2024 in Review
98 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q3 2024, worth a combined $120M — up 1.3% from $118M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new HIO positions and 14 closed out — a net gain of 1 holder — while 28 added to existing stakes and 30 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $4.71M. The largest seller was Rivernorth Capital Management, cutting an estimated $6.66M.
- 98 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q3 2024, up from 97 in Q2 2024.
- Funds reported $120M of Western Asset High Income Opportunity Fund stock for Q3 2024, up 1.3% quarter-over-quarter.
- 15 funds opened new Western Asset High Income Opportunity Fund positions in Q3 2024 and 14 closed out, a net change of +1 holder.
- The largest Western Asset High Income Opportunity Fund buyer in Q3 2024 was Penserra Capital Management, an estimated $4.71M added.
- The largest Western Asset High Income Opportunity Fund seller in Q3 2024 was Rivernorth Capital Management, an estimated $6.66M sold.
Based on aggregated 13F filings for Q3 2024.