Western Asset High Income Opportunity Fund
HIO
92 hedge funds and large institutions have $179M invested in Western Asset High Income Opportunity Fund in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 32 increasing their positions, 27 reducing their positions, and 7 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 27
1.73% less ownership
Funds ownership: 37.88% → 36.15% (-1.7%)
2% less funds holding
Funds holding: 94 → 92 (-2)
6% less capital invested
Capital invested by funds: $191M → $179M (-$11.9M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.98M |
| 2 |
Morgan Stanley
New York
|
+$1.81M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$606K |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$449K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$3.98M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.68M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
-$3.4M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.66M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$431K |
HIO Hedge Fund Activity: Q3 2021 in Review
92 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q3 2021, worth a combined $179M — down 6.2% from $191M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of HIO and 5 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 32 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.98M. The largest seller was Bramshill Investments, cutting an estimated $3.98M.
- 92 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q3 2021, down from 94 in Q2 2021.
- Funds reported $179M of Western Asset High Income Opportunity Fund stock for Q3 2021, down 6.2% quarter-over-quarter.
- 5 funds opened new Western Asset High Income Opportunity Fund positions in Q3 2021 and 7 closed out, a net change of -2 holders.
- The largest Western Asset High Income Opportunity Fund buyer in Q3 2021 was Citadel Advisors, an estimated $1.98M added.
- The largest Western Asset High Income Opportunity Fund seller in Q3 2021 was Bramshill Investments, an estimated $3.98M sold.
Based on aggregated 13F filings for Q3 2021.