Western Asset High Income Fund II
HIX
59 hedge funds and large institutions have $75.2M invested in Western Asset High Income Fund II in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 8 closing their positions.
5% more capital invested
Capital invested by funds: $71.6M → $75.2M (+$3.62M)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0.98% less ownership
Funds ownership: 13.55% → 12.57% (-0.98%)
2% less funds holding
Funds holding: 60 → 59 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$4.26M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.19M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$391K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$211K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$2.51M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.73M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.67M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.42M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.33M |
HIX Hedge Fund Activity: Q2 2016 in Review
59 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q2 2016, worth a combined $75.2M — up 5.1% from $71.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HIX and 7 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 16 added.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $4.26M. The largest seller was Vident Investment Advisory, cutting an estimated $2.51M.
- 59 institutional investors held Western Asset High Income Fund II (HIX) as of Q2 2016, down from 60 in Q1 2016.
- Funds reported $75.2M of Western Asset High Income Fund II stock for Q2 2016, up 5.1% quarter-over-quarter.
- 7 funds opened new Western Asset High Income Fund II positions in Q2 2016 and 8 closed out, a net change of -1 holder.
- The largest Western Asset High Income Fund II buyer in Q2 2016 was Laurion Capital Management, an estimated $4.26M added.
- The largest Western Asset High Income Fund II seller in Q2 2016 was Vident Investment Advisory, an estimated $2.51M sold.
Based on aggregated 13F filings for Q2 2016.