Western Asset High Income Fund II
HIX
53 hedge funds and large institutions have $55.4M invested in Western Asset High Income Fund II in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
2% more funds holding
Funds holding: 52 → 53 (+1)
0.24% more ownership
Funds ownership: 6.91% → 7.14% (+0.24%)
1% less capital invested
Capital invested by funds: $56M → $55.4M (-$514K)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$2.54M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.25M |
| 3 |
WA
WFG Advisors
Dallas,
Texas
|
+$677K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$442K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$434K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SONJCPFB
State of New Jersey Common Pension Fund B
Trenton,
New Jersey
|
-$4.71M |
| 2 |
Jane Street
New York
|
-$741K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$672K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
-$518K |
| 5 |
Cohen & Steers
New York
|
-$405K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WRM
51
Westport Resources Management
Westport,
Connecticut
| $4K | – | – | – |
|
|
PSI
52
Pinnacle Summer Investments
Fairfax,
Virginia
| $1K | – | – | – |
|
|
SONJCPFB
53
State of New Jersey Common Pension Fund B
Trenton,
New Jersey
| – | -$4.71M | -500,000 | Closed |
|
|
54
Jane Street
New York
| – | -$741K | -78,604 | Closed |
|
|
55
Ameriprise
Minneapolis,
Minnesota
| – | -$672K | -71,246 | Closed |
|
|
56
Cohen & Steers
New York
| – | -$405K | -42,938 | Closed |
|
57
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$141K | -15,000 | Closed |
|
HIX Hedge Fund Activity: Q4 2013 in Review
53 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q4 2013, worth a combined $55.4M — down 0.92% from $56M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HIX positions and 5 closed out — a net gain of 2 holders — while 13 added to existing stakes and 16 trimmed.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $2.54M. The largest seller was State of New Jersey Common Pension Fund B, exiting entirely with an estimated $4.71M sold.
- 53 institutional investors held Western Asset High Income Fund II (HIX) as of Q4 2013, up from 52 in Q3 2013.
- Funds reported $55.4M of Western Asset High Income Fund II stock for Q4 2013, down 0.92% quarter-over-quarter.
- 7 funds opened new Western Asset High Income Fund II positions in Q4 2013 and 5 closed out, a net change of +2 holders.
- The largest Western Asset High Income Fund II buyer in Q4 2013 was SG Americas Securities, an estimated $2.54M added.
- The largest Western Asset High Income Fund II seller in Q4 2013 was State of New Jersey Common Pension Fund B, an estimated $4.71M sold.
Based on aggregated 13F filings for Q4 2013.