Western Asset High Income Fund II
HIX
54 hedge funds and large institutions have $61.9M invested in Western Asset High Income Fund II in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 9 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
3% more capital invested
Capital invested by funds: $60.4M → $61.9M (+$1.53M)
0.7% more ownership
Funds ownership: 7.33% → 8.03% (+0.7%)
8% less funds holding
Funds holding: 59 → 54 (-5)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$755K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$573K |
| 4 |
LPL Financial
San Diego,
California
|
+$489K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$367K |
Top Sellers
| 1 |
SG Americas Securities
New York
|
-$1.02M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$982K |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$178K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
-$118K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$106K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
51
Gradient Investments
Arden Hills,
Minnesota
| $7K | – | – | – |
|
|
NES
52
New England Securities
New York
| $2K | -$7.82K | -850 | -75% |
|
|
53
SG Americas Securities
New York
| – | -$1.02M | -107,777 | Closed |
|
|
AP
54
Advisors Preferred
Rockville,
Maryland
| – | -$178K | -18,874 | Closed |
|
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$106K | -11,184 | Closed |
|
|
WS
56
Wedbush Securities
Los Angeles,
California
| – | -$99K | -10,453 | Closed |
|
|
BTS
57
BB&T Securities
Richmond,
Virginia
| – | -$982K | -10,424 | Closed |
|
|
BRWA
58
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$52.3K | -5,542 | Closed |
|
|
FMB
59
Field & Main Bank
Henderson,
Kentucky
| – | -$19K | -2,000 | Closed |
|
|
FANJ
60
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$9K | -1,000 | Closed |
|
HIX Hedge Fund Activity: Q3 2014 in Review
54 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q3 2014, worth a combined $61.9M — up 2.5% from $60.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of HIX and 4 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 21 added.
The largest buyer was Guggenheim Capital, adding an estimated $4.5M. The largest seller was SG Americas Securities, exiting entirely with an estimated $1.02M sold.
- 54 institutional investors held Western Asset High Income Fund II (HIX) as of Q3 2014, down from 59 in Q2 2014.
- Funds reported $61.9M of Western Asset High Income Fund II stock for Q3 2014, up 2.5% quarter-over-quarter.
- 4 funds opened new Western Asset High Income Fund II positions in Q3 2014 and 9 closed out, a net change of -5 holders.
- The largest Western Asset High Income Fund II buyer in Q3 2014 was Guggenheim Capital, an estimated $4.5M added.
- The largest Western Asset High Income Fund II seller in Q3 2014 was SG Americas Securities, an estimated $1.02M sold.
Based on aggregated 13F filings for Q3 2014.