Western Asset High Income Fund II
HIX
50 hedge funds and large institutions have $38.9M invested in Western Asset High Income Fund II in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 13 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
1.09% less ownership
Funds ownership: 7.52% → 6.43% (-1.1%)
11% less capital invested
Capital invested by funds: $43.7M → $38.9M (-$4.8M)
14% less funds holding
Funds holding: 58 → 50 (-8)
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.54M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$688K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$277K |
| 4 |
Morgan Stanley
New York
|
+$240K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$141K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.24M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$1.95M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$935K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$910K |
| 5 |
PAS
Park Avenue Securities
New York
|
-$813K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAS
51
Park Avenue Securities
New York
| – | -$813K | -117,888 | Closed |
|
52
Millennium Management
New York
| – | -$233K | -33,744 | Closed |
|
|
CAM
53
Cresset Asset Management
Chicago,
Illinois
| – | -$139K | -20,000 | Closed |
|
|
ICMP
54
Integrated Capital Management (Pennsylvania)
Jessup,
Pennsylvania
| – | -$138K | -19,968 | Closed |
|
55
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$110K | -15,942 | Closed |
|
|
APW
56
Aurora Private Wealth
Rockaway,
New Jersey
| – | -$82K | -11,822 | Closed |
|
|
WJWM
57
Williams Jones Wealth Management
New York
| – | -$70K | -10,085 | Closed |
|
58
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$14K | -2,020 | Closed |
|
|
AIC
59
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$10.6K | -1,543 | Closed |
|
|
IAIM
60
International Assets Investment Management
Orlando,
Florida
| – | -$10K | -1,500 | Closed |
|
|
OIA
61
Optimum Investment Advisors
Chicago,
Illinois
| – | -$10K | -1,500 | Closed |
|
62
Fidelity Investments
Boston,
Massachusetts
| – | +$7 | +1 | New |
|
HIX Hedge Fund Activity: Q2 2021 in Review
50 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q2 2021, worth a combined $38.9M — down 11% from $43.7M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of HIX and 5 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 16 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $1.54M. The largest seller was Ameriprise, cutting an estimated $2.24M.
- 50 institutional investors held Western Asset High Income Fund II (HIX) as of Q2 2021, down from 58 in Q1 2021.
- Funds reported $38.9M of Western Asset High Income Fund II stock for Q2 2021, down 11% quarter-over-quarter.
- 5 funds opened new Western Asset High Income Fund II positions in Q2 2021 and 13 closed out, a net change of -8 holders.
- The largest Western Asset High Income Fund II buyer in Q2 2021 was Commonwealth Equity Services, an estimated $1.54M added.
- The largest Western Asset High Income Fund II seller in Q2 2021 was Ameriprise, an estimated $2.24M sold.
Based on aggregated 13F filings for Q2 2021.