Western Asset High Income Opportunity Fund
HIO
97 hedge funds and large institutions have $118M invested in Western Asset High Income Opportunity Fund in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 40 increasing their positions, 22 reducing their positions, and 15 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 22
2.78% less ownership
Funds ownership: 35.35% → 32.56% (-2.8%)
7% less funds holding
Funds holding: 104 → 97 (-7)
10% less capital invested
Capital invested by funds: $131M → $118M (-$13.2M)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.73M |
| 2 |
Morgan Stanley
New York
|
+$2.37M |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.68M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.49M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$15.7M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.28M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.09M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$670K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$444K |
HIO Hedge Fund Activity: Q2 2024 in Review
97 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q2 2024, worth a combined $118M — down 10% from $131M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of HIO and 11 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 40 added.
The largest buyer was Allspring Global Investments, adding an estimated $2.73M. The largest seller was Bramshill Investments, cutting an estimated $15.7M.
- 97 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q2 2024, down from 104 in Q1 2024.
- Funds reported $118M of Western Asset High Income Opportunity Fund stock for Q2 2024, down 10% quarter-over-quarter.
- 11 funds opened new Western Asset High Income Opportunity Fund positions in Q2 2024 and 15 closed out, a net change of -4 holders.
- The largest Western Asset High Income Opportunity Fund buyer in Q2 2024 was Allspring Global Investments, an estimated $2.73M added.
- The largest Western Asset High Income Opportunity Fund seller in Q2 2024 was Bramshill Investments, an estimated $15.7M sold.
Based on aggregated 13F filings for Q2 2024.