Western Asset High Income Opportunity Fund
HIO
98 hedge funds and large institutions have $102M invested in Western Asset High Income Opportunity Fund in 2025 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 19 reducing their positions, and 13 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 19
1% more funds holding
Funds holding: 97 → 98 (+1)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
1% more capital invested
Capital invested by funds: $101M → $102M (+$1.25M)
0.33% more ownership
Funds ownership: 26.63% → 26.96% (+0.33%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.69M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$768K |
| 3 |
FGA
Fortis Group Advisors
Westwood,
New Jersey
|
+$589K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$518K |
| 5 |
LPL Financial
San Diego,
California
|
+$413K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$2.12M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.6M |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$646K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$623K |
| 5 |
VF
Virtu Financial
New York
|
-$378K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Citadel Advisors
Miami,
Florida
| – | -$623K | -156,475 | Closed |
|
|
VF
102
Virtu Financial
New York
| – | -$378K | -95,003 | Closed |
|
103
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$272K | -68,219 | Closed |
|
|
HF
104
HRT Financial
New York
| – | -$270K | -67,956 | Closed |
|
|
AF
105
Atala Financial
Calabasas,
California
| – | -$85.6K | -21,500 | Closed |
|
106
HighTower Advisors
Chicago,
Illinois
| – | -$83.9K | -21,071 | Closed |
|
|
SIC
107
Samalin Investment Counsel
Chappaqua,
New York
| – | -$78.7K | -19,770 | Closed |
|
|
EC
108
Elequin Capital
New York
| – | -$48.6K | -12,209 | Closed |
|
|
HI
109
Harbour Investments
Madison,
Wisconsin
| – | -$3.98K | -1,000 | Closed |
|
|
CCM
110
Coldstream Capital Management
Bellevue,
Washington
| – | -$2.31K | -579 | Closed |
|
111
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2.23K | -560 | Closed |
|
|
SC
112
SouthState Corp
Winter Haven,
Florida
| – | -$1.3K | -326 | Closed |
|
HIO Hedge Fund Activity: Q2 2025 in Review
98 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q2 2025, worth a combined $102M — up 1.2% from $101M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new HIO positions and 13 closed out — a net gain of 1 holder — while 38 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.69M. The largest seller was Evergreen Capital Management, cutting an estimated $2.12M.
- 98 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q2 2025, up from 97 in Q1 2025.
- Funds reported $102M of Western Asset High Income Opportunity Fund stock for Q2 2025, up 1.2% quarter-over-quarter.
- 14 funds opened new Western Asset High Income Opportunity Fund positions in Q2 2025 and 13 closed out, a net change of +1 holder.
- The largest Western Asset High Income Opportunity Fund buyer in Q2 2025 was Morgan Stanley, an estimated $3.69M added.
- The largest Western Asset High Income Opportunity Fund seller in Q2 2025 was Evergreen Capital Management, an estimated $2.12M sold.
Based on aggregated 13F filings for Q2 2025.