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HIO

Western Asset High Income Opportunity Fund

64 hedge funds and large institutions have $102M invested in Western Asset High Income Opportunity Fund in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.24% more ownership

Funds ownership: 25.72%25.96% (+0.24%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 17

3% less funds holding

Funds holding: 6664 (-2)

8% less capital invested

Capital invested by funds: $111M → $102M (-$8.54M)

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

Holders
64
Holders Change
-2
Holders Change %
-3.03%
% of All Funds
1.79%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
17
Reduced
17
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$19.6M -$1.85M -378,248 -8%
SCM
2
Saba Capital Management
New York
$16.5M +$1.23M +251,978 +8%
RCM
3
Rivernorth Capital Management
Florida
$11.5M +$3.87M +793,391 +48%
Bank of America
4
Bank of America
North Carolina
$7.12M -$2.08M -426,842 -22%
COLIM
5
City of London Investment Management
United Kingdom
$6.94M +$437K +89,500 +6%
Citigroup
6
Citigroup
New York
$5.65M +$1.6M +326,694 +37%
Invesco
7
Invesco
Georgia
$4.43M +$259K +53,051 +6%
PRCM
8
Pine River Capital Management
Minnesota
$4.23M
UBS Group
9
UBS Group
Switzerland
$2.99M +$2.39M +489,000 +331%
YMRC
10
Yorktown Management & Research Company
Virginia
$2.86M
LPL Financial
11
LPL Financial
California
$2.38M +$1.36M +278,698 +122%
AA
12
AQR Arbitrage
Connecticut
$2.2M -$111K -22,652 -5%
WAM
13
Wolverine Asset Management
Illinois
$1.59M +$436K +89,325 +36%
CC
14
Carlson Capital
Texas
$1.56M
Wells Fargo
15
Wells Fargo
California
$1.52M -$523K -107,135 -25%
GC
16
Guggenheim Capital
Illinois
$1.23M -$433K -88,720 -25%
LCM
17
Landscape Capital Management
New Jersey
$1.22M +$218K +44,656 +21%
Thrivent Financial for Lutherans
18
Thrivent Financial for Lutherans
Minnesota
$1.01M
CS
19
Credit Suisse
Switzerland
$900K -$25.6K -5,250 -3%
Stifel Financial
20
Stifel Financial
Missouri
$822K -$27.3K -5,600 -3%
ACM
21
Alethea Capital Management
Washington
$612K -$30K -6,138 -4%
WCMNY
22
Westchester Capital Management (New York)
New York
$500K
HK
23
Horizon Kinetics
New York
$446K
EVM
24
Eaton Vance Management
Massachusetts
$402K -$3.87M -793,208 -90%
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$328K +$7.81K +1,600 +2%

HIO Hedge Fund Activity: Q3 2015 in Review

64 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q3 2015, worth a combined $102M — down 7.7% from $111M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of HIO and 6 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 17 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $3.87M. The largest seller was Eaton Vance Management, cutting an estimated $3.87M.

  • 64 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q3 2015, down from 66 in Q2 2015.
  • Funds reported $102M of Western Asset High Income Opportunity Fund stock for Q3 2015, down 7.7% quarter-over-quarter.
  • 6 funds opened new Western Asset High Income Opportunity Fund positions in Q3 2015 and 8 closed out, a net change of -2 holders.
  • The largest Western Asset High Income Opportunity Fund buyer in Q3 2015 was Rivernorth Capital Management, an estimated $3.87M added.
  • The largest Western Asset High Income Opportunity Fund seller in Q3 2015 was Eaton Vance Management, an estimated $3.87M sold.

Based on aggregated 13F filings for Q3 2015.