Western Asset High Income Opportunity Fund
HIO
79 hedge funds and large institutions have $116M invested in Western Asset High Income Opportunity Fund in 2015 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 4 closing their positions.
400% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 4
23% more funds holding
Funds holding: 64 → 79 (+15)
14% more capital invested
Capital invested by funds: $102M → $116M (+$14.1M)
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
3.7% more ownership
Funds ownership: 25.96% → 29.66% (+3.7%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$5.65M |
| 2 |
FC
FCA Corp
Houston,
Texas
|
+$3.53M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.06M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.77M |
| 5 |
KIG
Kovitz Investment Group
Chicago,
Illinois
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.51M |
| 2 |
SCM
Saba Capital Management
New York
|
-$1.57M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$669K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$577K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$569K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $4K | – | – | – |
|
|
AIA
77
Allegis Investment Advisors
Idaho Falls,
Idaho
| $4K | +$3.96K | +845 | New |
|
78
US Bancorp
Minneapolis,
Minnesota
| $3K | -$14.6K | -3,119 | -85% |
|
|
BFM
79
Boothbay Fund Management
New York
| – | -$70K | -15,000 | Closed |
|
|
VKH
80
Virtu KCG Holdings
New York
| – | -$53K | -11,279 | Closed |
|
|
ABC
81
Associated Banc-Corp
Green Bay,
Wisconsin
| – | -$47K | -10,000 | Closed |
|
|
GWM
82
Gupta Wealth Management
San Diego,
California
| – | -$6K | -1,300 | Closed |
|
|
TRCT
83
Tower Research Capital (TRC)
New York
| – | +$469 | +100 | New |
|
HIO Hedge Fund Activity: Q4 2015 in Review
79 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q4 2015, worth a combined $116M — up 14% from $102M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new HIO positions and 4 closed out — a net gain of 16 holders — while 18 added to existing stakes and 16 trimmed.
The largest buyer was Eaton Vance Management, adding an estimated $5.65M. The largest seller was Morgan Stanley, cutting an estimated $3.51M.
- 79 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q4 2015, up from 64 in Q3 2015.
- Funds reported $116M of Western Asset High Income Opportunity Fund stock for Q4 2015, up 14% quarter-over-quarter.
- 20 funds opened new Western Asset High Income Opportunity Fund positions in Q4 2015 and 4 closed out, a net change of +16 holders.
- The largest Western Asset High Income Opportunity Fund buyer in Q4 2015 was Eaton Vance Management, an estimated $5.65M added.
- The largest Western Asset High Income Opportunity Fund seller in Q4 2015 was Morgan Stanley, an estimated $3.51M sold.
Based on aggregated 13F filings for Q4 2015.