Western Asset High Income Opportunity Fund
HIO
99 hedge funds and large institutions have $138M invested in Western Asset High Income Opportunity Fund in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 12 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 31
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.64% less ownership
Funds ownership: 39.97% → 39.33% (-0.64%)
9% less capital invested
Capital invested by funds: $151M → $138M (-$13M)
9% less funds holding
Funds holding: 109 → 99 (-10)
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.03M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$892K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$832K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$613K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$558K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$1.52M |
| 2 |
Morgan Stanley
New York
|
-$1.44M |
| 3 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$1.09M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
-$692K |
| 5 |
SCM
Saba Capital Management
New York
|
-$556K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
101
Bluefin Capital Management
New York
| – | -$124K | -31,603 | Closed |
|
102
Nomura Holdings
Tokyo,
Japan
| – | -$79K | -20,000 | Closed |
|
|
JSW
103
Journey Strategic Wealth
Summit,
New Jersey
| – | -$55K | -14,000 | Closed |
|
104
Creative Planning
Overland Park,
Kansas
| – | -$51K | -12,840 | Closed |
|
|
JWM
105
Jeppson Wealth Management
Manhattan Beach,
California
| – | -$40K | -10,200 | Closed |
|
|
CA
106
CoreCap Advisors
Southfield,
Michigan
| – | -$9K | -2,188 | Closed |
|
|
FEG
107
Financial Enhancement Group
Anderson,
Indiana
| – | -$5K | -1,280 | Closed |
|
108
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$5K | -1,242 | Closed |
|
|
GIA
109
Goodwin Investment Advisory
Woodstock,
Georgia
| – | -$3.08K | -778 | Closed |
|
|
AIP
110
Ahrens Investment Partners
Lafayette,
Louisiana
| – | -$2K | -594 | Closed |
|
HIO Hedge Fund Activity: Q3 2022 in Review
99 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q3 2022, worth a combined $138M — down 8.6% from $151M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HIO and 3 opened new positions — a net loss of 9 holders — while 31 trimmed existing stakes and 35 added.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $1.03M. The largest seller was Eaton Vance Management, exiting entirely with an estimated $1.52M sold.
- 99 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q3 2022, down from 109 in Q2 2022.
- Funds reported $138M of Western Asset High Income Opportunity Fund stock for Q3 2022, down 8.6% quarter-over-quarter.
- 3 funds opened new Western Asset High Income Opportunity Fund positions in Q3 2022 and 12 closed out, a net change of -9 holders.
- The largest Western Asset High Income Opportunity Fund buyer in Q3 2022 was City of London Investment Management, an estimated $1.03M added.
- The largest Western Asset High Income Opportunity Fund seller in Q3 2022 was Eaton Vance Management, an estimated $1.52M sold.
Based on aggregated 13F filings for Q3 2022.