Western Asset High Income Opportunity Fund
HIO
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.
8% more capital inflows, than outflows
Capital inflows: $12.2M | Capital outflows: $11.4M
0.24% more ownership
Funds ownership: 25.72% → 25.96% (+0.24%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
3% less funds holding
Funds holding: 66 → 64 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.87M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.39M |
| 3 |
Citigroup
New York
|
+$1.6M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.36M |
| 5 |
Saba Capital Management
New York
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Eaton Vance Management
Boston,
Massachusetts
|
-$3.87M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.08M |
| 3 |
Morgan Stanley
New York
|
-$1.85M |
| 4 |
Shaker Financial Services
Arlington,
Virginia
|
-$1.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$523K |
HIO Hedge Fund Activity: Q3 2015 in Review
64 of the 3,590 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.