Western Asset High Income Opportunity Fund
HIO
71 hedge funds and large institutions have $108M invested in Western Asset High Income Opportunity Fund in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 9 closing their positions.
246% more capital inflows, than outflows
Capital inflows: $31.5M | Capital outflows: $9.12M
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
16% more funds holding
Funds holding: 61 → 71 (+10)
3.61% more ownership
Funds ownership: 20.32% → 23.93% (+3.6%)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Eaton Vance Management
Boston,
Massachusetts
|
+$4.9M |
| 2 |
City of London Investment Management
London,
United Kingdom
|
+$3.85M |
| 3 |
SG Americas Securities
New York
|
+$3.22M |
| 4 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.15M |
| 5 |
Citigroup
New York
|
+$2.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Saba Capital Management
New York
|
-$4.06M |
| 2 |
Eagle Asset Management
St Petersburg,
Florida
|
-$2.45M |
| 3 |
WA
WFG Advisors
Dallas,
Texas
|
-$712K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$702K |
| 5 |
Guggenheim Capital
Chicago,
Illinois
|
-$248K |
HIO Hedge Fund Activity: Q4 2014 in Review
71 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q4 2014, worth a combined $108M — up 9.2% from $98.5M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new HIO positions and 9 closed out — a net gain of 13 holders — while 14 added to existing stakes and 16 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $4.9M. The largest seller was Saba Capital Management, cutting an estimated $4.06M.
- 71 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q4 2014, up from 61 in Q3 2014.
- Funds reported $108M of Western Asset High Income Opportunity Fund stock for Q4 2014, up 9.2% quarter-over-quarter.
- 22 funds opened new Western Asset High Income Opportunity Fund positions in Q4 2014 and 9 closed out, a net change of +13 holders.
- The largest Western Asset High Income Opportunity Fund buyer in Q4 2014 was Eaton Vance Management, an estimated $4.9M added.
- The largest Western Asset High Income Opportunity Fund seller in Q4 2014 was Saba Capital Management, an estimated $4.06M sold.
Based on aggregated 13F filings for Q4 2014.