Western Asset High Income Opportunity Fund
HIO
107 hedge funds and large institutions have $152M invested in Western Asset High Income Opportunity Fund in 2022 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 26 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
50% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 26
10% more capital invested
Capital invested by funds: $138M → $152M (+$14.5M)
8% more funds holding
Funds holding: 99 → 107 (+8)
1.12% more ownership
Funds ownership: 39.33% → 40.44% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.66M |
| 2 |
Morgan Stanley
New York
|
+$2.89M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.2M |
| 4 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$1.06M |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$737K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$3.11M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.05M |
| 3 |
BlackRock
New York
|
-$942K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$691K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$628K |
HIO Hedge Fund Activity: Q4 2022 in Review
107 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q4 2022, worth a combined $152M — up 10% from $138M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new HIO positions and 8 closed out — a net gain of 10 holders — while 39 added to existing stakes and 26 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.66M. The largest seller was Evergreen Capital Management, cutting an estimated $3.11M.
- 107 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q4 2022, up from 99 in Q3 2022.
- Funds reported $152M of Western Asset High Income Opportunity Fund stock for Q4 2022, up 10% quarter-over-quarter.
- 18 funds opened new Western Asset High Income Opportunity Fund positions in Q4 2022 and 8 closed out, a net change of +10 holders.
- The largest Western Asset High Income Opportunity Fund buyer in Q4 2022 was Rivernorth Capital Management, an estimated $3.66M added.
- The largest Western Asset High Income Opportunity Fund seller in Q4 2022 was Evergreen Capital Management, an estimated $3.11M sold.
Based on aggregated 13F filings for Q4 2022.