Western Asset High Income Fund II
HIX
54 hedge funds and large institutions have $55.8M invested in Western Asset High Income Fund II in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 53 → 54 (+1)
1% more capital invested
Capital invested by funds: $55.4M → $55.8M (+$336K)
0.32% less ownership
Funds ownership: 7.14% → 6.82% (-0.32%)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$1.87M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$866K |
| 3 |
CFA
Camarda Financial Advisors
Fleming Island,
Florida
|
+$144K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$144K |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$109K |
Top Sellers
| 1 |
SG Americas Securities
New York
|
-$1.32M |
| 2 |
Barclays
London,
United Kingdom
|
-$1.23M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$938K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$862K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$424K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $4K | -$198K | -21,287 | -98% |
|
|
52
Barclays
London,
United Kingdom
| – | -$1.23M | -132,184 | -100% |
|
|
PP
53
Paloma Partners
Greenwich,
Connecticut
| – | -$424K | -47,059 | Closed |
|
|
ICAS
54
Investors Capital Advisory Services
Lynnfield,
Massachusetts
| – | -$94K | -10,500 | Closed |
|
55
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$63.6K | -6,836 | -100% |
|
|
HNB
56
Huntington National Bank
Columbus,
Ohio
| – | -$8K | -890 | Closed |
|
57
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$5K | -595 | Closed |
|
|
WRM
58
Westport Resources Management
Westport,
Connecticut
| – | -$4K | -400 | Closed |
|
|
PSI
59
Pinnacle Summer Investments
Fairfax,
Virginia
| – | -$1K | -70 | Closed |
|
HIX Hedge Fund Activity: Q1 2014 in Review
54 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q1 2014, worth a combined $55.8M — up 0.61% from $55.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HIX positions and 6 closed out — a net gain of 1 holder — while 17 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.87M. The largest seller was SG Americas Securities, cutting an estimated $1.32M.
- 54 institutional investors held Western Asset High Income Fund II (HIX) as of Q1 2014, up from 53 in Q4 2013.
- Funds reported $55.8M of Western Asset High Income Fund II stock for Q1 2014, up 0.61% quarter-over-quarter.
- 7 funds opened new Western Asset High Income Fund II positions in Q1 2014 and 6 closed out, a net change of +1 holder.
- The largest Western Asset High Income Fund II buyer in Q1 2014 was Morgan Stanley, an estimated $1.87M added.
- The largest Western Asset High Income Fund II seller in Q1 2014 was SG Americas Securities, an estimated $1.32M sold.
Based on aggregated 13F filings for Q1 2014.