Western Asset High Income Opportunity Fund
HIO
113 hedge funds and large institutions have $135M invested in Western Asset High Income Opportunity Fund in 2023 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 29 increasing their positions, 33 reducing their positions, and 8 closing their positions.
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
7% more funds holding
Funds holding: 106 → 113 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.36% less ownership
Funds ownership: 40.25% → 38.88% (-1.4%)
7% less capital invested
Capital invested by funds: $145M → $135M (-$10.1M)
12% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.65M |
| 2 |
API
Advisor Partners II
Walnut Creek,
California
|
+$1.69M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.34M |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$573K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$353K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$12.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$598K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$513K |
| 4 |
Morgan Stanley
New York
|
-$254K |
| 5 |
TIM
Triad Investment Management
Newport Beach,
California
|
-$193K |
HIO Hedge Fund Activity: Q3 2023 in Review
113 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q3 2023, worth a combined $135M — down 7% from $145M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new HIO positions and 8 closed out — a net gain of 8 holders — while 29 added to existing stakes and 33 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.65M. The largest seller was Bramshill Investments, cutting an estimated $12.1M.
- 113 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q3 2023, up from 106 in Q2 2023.
- Funds reported $135M of Western Asset High Income Opportunity Fund stock for Q3 2023, down 7% quarter-over-quarter.
- 16 funds opened new Western Asset High Income Opportunity Fund positions in Q3 2023 and 8 closed out, a net change of +8 holders.
- The largest Western Asset High Income Opportunity Fund buyer in Q3 2023 was Sit Investment Associates, an estimated $2.65M added.
- The largest Western Asset High Income Opportunity Fund seller in Q3 2023 was Bramshill Investments, an estimated $12.1M sold.
Based on aggregated 13F filings for Q3 2023.