Western Asset High Income Fund II
HIX
62 hedge funds and large institutions have $84.2M invested in Western Asset High Income Fund II in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
6% more capital invested
Capital invested by funds: $79.2M → $84.2M (+$5.01M)
5% more funds holding
Funds holding: 59 → 62 (+3)
1.02% more ownership
Funds ownership: 12.79% → 13.81% (+1%)
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.46M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.61M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$1.4M |
| 4 |
Citigroup
New York
|
+$731K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$546K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$945K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$663K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$250K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$185K |
| 5 |
WJA
Williams Jones & Associates
New York
|
-$153K |
HIX Hedge Fund Activity: Q4 2016 in Review
62 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q4 2016, worth a combined $84.2M — up 6.3% from $79.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new HIX positions and 8 closed out — a net gain of 3 holders — while 18 added to existing stakes and 19 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $2.46M. The largest seller was Guggenheim Capital, cutting an estimated $945K.
- 62 institutional investors held Western Asset High Income Fund II (HIX) as of Q4 2016, up from 59 in Q3 2016.
- Funds reported $84.2M of Western Asset High Income Fund II stock for Q4 2016, up 6.3% quarter-over-quarter.
- 11 funds opened new Western Asset High Income Fund II positions in Q4 2016 and 8 closed out, a net change of +3 holders.
- The largest Western Asset High Income Fund II buyer in Q4 2016 was Shaker Financial Services, an estimated $2.46M added.
- The largest Western Asset High Income Fund II seller in Q4 2016 was Guggenheim Capital, an estimated $945K sold.
Based on aggregated 13F filings for Q4 2016.