Western Asset High Income Opportunity Fund
HIO
105 hedge funds and large institutions have $257M invested in Western Asset High Income Opportunity Fund in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 36 increasing their positions, 19 reducing their positions, and 11 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 19
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
8% more funds holding
Funds holding: 97 → 105 (+8)
2.05% more ownership
Funds ownership: 39.5% → 41.55% (+2%)
5% more capital invested
Capital invested by funds: $246M → $257M (+$11.4M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$9.13M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.37M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.27M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$837K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$629K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$888K |
| 2 |
ICM
Ionic Capital Management
New York
|
-$763K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$589K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$497K |
| 5 |
PC
Palo Capital
Newport Beach,
California
|
-$328K |
HIO Hedge Fund Activity: Q3 2018 in Review
105 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q3 2018, worth a combined $257M — up 4.6% from $246M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new HIO positions and 11 closed out — a net gain of 8 holders — while 36 added to existing stakes and 19 trimmed.
The largest buyer was Bramshill Investments, adding an estimated $9.13M. The largest seller was MML Investors Services, exiting entirely with an estimated $888K sold.
- 105 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q3 2018, up from 97 in Q2 2018.
- Funds reported $257M of Western Asset High Income Opportunity Fund stock for Q3 2018, up 4.6% quarter-over-quarter.
- 19 funds opened new Western Asset High Income Opportunity Fund positions in Q3 2018 and 11 closed out, a net change of +8 holders.
- The largest Western Asset High Income Opportunity Fund buyer in Q3 2018 was Bramshill Investments, an estimated $9.13M added.
- The largest Western Asset High Income Opportunity Fund seller in Q3 2018 was MML Investors Services, an estimated $888K sold.
Based on aggregated 13F filings for Q3 2018.