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HIO

Western Asset High Income Opportunity Fund

101 hedge funds and large institutions have $220M invested in Western Asset High Income Opportunity Fund in 2017 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 12

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

22% more funds holding

Funds holding: 83101 (+18)

9% more capital invested

Capital invested by funds: $202M → $220M (+$17.8M)

3.55% more ownership

Funds ownership: 30.44%33.99% (+3.6%)

4% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 26

Holders
101
Holders Change
+18
Holders Change %
+21.69%
% of All Funds
2.29%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
30
Increased
27
Reduced
26
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
76
Southport Capital Management
Tennessee
$67K
DWM
77
Dynasty Wealth Management
Florida
$67K +$66.9K +13,237 New
PAG
78
Private Advisor Group
New Jersey
$62K -$108K -21,297 -63%
SPIA
79
Steward Partners Investment Advisory
New York
$62K +$2.98K +590 +5%
Bank of New York Mellon
80
Bank of New York Mellon
New York
$61K +$61.2K +12,108 New
FIM
81
Freedom Investment Management
Connecticut
$58K +$58.1K +11,494 New
RFC
82
Regions Financial Corp
Alabama
$51K +$50.5K +10,000 New
CA
83
Calton & Associates
Florida
$50K +$51K +10,105 New
SSB
84
Sandy Spring Bank
Maryland
$39K
US Bancorp
85
US Bancorp
Minnesota
$27K -$6.08K -1,204 -18%
SFG
86
SevenBridge Financial Group
Pennsylvania
$26K +$25.5K +5,039 New
PWPS
87
Pinnacle Wealth Planning Services
Ohio
$11K +$11.1K +2,195 New
ASN
88
Advisory Services Network
Georgia
$10K
SWP
89
Stratos Wealth Partners
Ohio
$8K +$8.28K +1,640 New
APA
90
American Portfolios Advisors
New York
$6.39K +$6.37K +1,260 New
SFSIG
91
San Francisco Sentry Investment Group
California
$5K
TCM
92
Tradewinds Capital Management
Washington
$5K
SWM
93
SeaCrest Wealth Management
New York
$4K +$3.87K +767 New
PA
94
Parallel Advisors
California
$3K
MSA
95
Marino Stram & Associates
Massachusetts
$3K +$3.43K +679 New
Kovitz Investment Group Partners
96
Kovitz Investment Group Partners
Illinois
$2.71K -$71K -14,060 -3%
IWM
97
IHT Wealth Management
Illinois
$2K
Manulife (Manufacturers Life Insurance)
98
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1K
FGC
99
Financial Gravity Companies
Texas
$1K +$1.25K +248 New
Walleye Trading
100
Walleye Trading
New York
$256 +$255K +50,500 New

HIO Hedge Fund Activity: Q4 2017 in Review

101 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q4 2017, worth a combined $220M — up 8.8% from $202M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new HIO positions and 12 closed out — a net gain of 18 holders — while 27 added to existing stakes and 26 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $14.4M. The largest seller was UBS Group, cutting an estimated $2.7M.

  • 101 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q4 2017, up from 83 in Q3 2017.
  • Funds reported $220M of Western Asset High Income Opportunity Fund stock for Q4 2017, up 8.8% quarter-over-quarter.
  • 30 funds opened new Western Asset High Income Opportunity Fund positions in Q4 2017 and 12 closed out, a net change of +18 holders.
  • The largest Western Asset High Income Opportunity Fund buyer in Q4 2017 was Saba Capital Management, an estimated $14.4M added.
  • The largest Western Asset High Income Opportunity Fund seller in Q4 2017 was UBS Group, an estimated $2.7M sold.

Based on aggregated 13F filings for Q4 2017.