Western Asset High Income Fund II
HIX
59 hedge funds and large institutions have $76.8M invested in Western Asset High Income Fund II in 2014 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 22 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
24% more capital invested
Capital invested by funds: $61.9M → $76.8M (+$15M)
9% more funds holding
Funds holding: 54 → 59 (+5)
2.71% more ownership
Funds ownership: 8.03% → 10.74% (+2.7%)
50% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 22
Top Buyers
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$5.66M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.48M |
| 3 |
SG Americas Securities
New York
|
+$3.98M |
| 4 |
Morgan Stanley
New York
|
+$787K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$731K |
Top Sellers
| 1 |
LPL Financial
San Diego,
California
|
-$976K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$889K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$850K |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$560K |
| 5 |
Goldman Sachs
New York
|
-$477K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OIA
51
Optimum Investment Advisors
Chicago,
Illinois
| $12K | – | – | – |
|
|
RIA
52
Regal Investment Advisors
Kentwood,
Michigan
| $12K | – | – | – |
|
|
VIA
53
Vantage Investment Advisors
State College,
Pennsylvania
| $10K | +$10.2K | +1,200 | New |
|
|
TFA
54
Transamerica Financial Advisors
St. Petersburg,
Florida
| $9K | – | – | – |
|
|
GI
55
Gradient Investments
Arden Hills,
Minnesota
| $6K | – | – | – |
|
56
Barclays
London,
United Kingdom
| $1K | +$853 | +100 | New |
|
|
GWA
57
Genesis Wealth Advisors
Braintree,
Massachusetts
| $818 | +$853 | +100 | New |
|
|
BRWA
58
B. Riley Wealth Advisors
Boca Raton,
Florida
| $27 | +$28K | +3,287 | New |
|
|
59
Goldman Sachs
New York
| – | -$477K | -53,160 | Closed |
|
60
HighTower Advisors
Chicago,
Illinois
| – | -$14K | -14,501 | Closed |
|
|
CS
61
Credit Suisse
Zurich,
Switzerland
| – | -$97K | -10,782 | Closed |
|
|
TRCT
62
Tower Research Capital (TRC)
New York
| – | -$12K | -1,300 | Closed |
|
|
NES
63
New England Securities
New York
| – | -$2K | -278 | Closed |
|
HIX Hedge Fund Activity: Q4 2014 in Review
59 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q4 2014, worth a combined $76.8M — up 24% from $61.9M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new HIX positions and 5 closed out — a net gain of 8 holders — while 11 added to existing stakes and 22 trimmed.
The largest buyer was Mariner Investment Group, opening a new position worth an estimated $5.66M. The largest seller was LPL Financial, cutting an estimated $976K.
- 59 institutional investors held Western Asset High Income Fund II (HIX) as of Q4 2014, up from 54 in Q3 2014.
- Funds reported $76.8M of Western Asset High Income Fund II stock for Q4 2014, up 24% quarter-over-quarter.
- 13 funds opened new Western Asset High Income Fund II positions in Q4 2014 and 5 closed out, a net change of +8 holders.
- The largest Western Asset High Income Fund II buyer in Q4 2014 was Mariner Investment Group, an estimated $5.66M added.
- The largest Western Asset High Income Fund II seller in Q4 2014 was LPL Financial, an estimated $976K sold.
Based on aggregated 13F filings for Q4 2014.