Western Asset High Income Fund II
HIX
49 hedge funds and large institutions have $25.1M invested in Western Asset High Income Fund II in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 12 closing their positions.
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0.7% less ownership
Funds ownership: 9.26% → 8.56% (-0.7%)
2% less funds holding
Funds holding: 50 → 49 (-1)
14% less capital invested
Capital invested by funds: $29.1M → $25.1M (-$4.06M)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
Top Buyers
Top Sellers
| 1 |
Creative Planning
Overland Park,
Kansas
|
-$1.78M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$929K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$501K |
| 4 |
CAC
Cowen and Company
New York
|
-$243K |
| 5 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$204K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAC
51
Cowen and Company
New York
| – | -$243K | -50,140 | Closed |
|
|
AUIM
52
Aegon USA Investment Management
Cedar Rapids,
Iowa
| – | -$204K | -42,209 | Closed |
|
|
CL
53
CSS LLC
Chicago,
Illinois
| – | -$120K | -24,845 | Closed |
|
|
WS
54
Wedbush Securities
Los Angeles,
California
| – | -$59K | -12,271 | Closed |
|
|
GSC
55
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$52K | -10,749 | Closed |
|
|
DWP
56
Destiny Wealth Partners
Tavares,
Florida
| – | -$45K | -9,305 | Closed |
|
|
SC
57
SouthState Corp
Winter Haven,
Florida
| – | -$41.5K | -8,564 | Closed |
|
58
US Bancorp
Minneapolis,
Minnesota
| – | -$5.93K | -1,225 | Closed |
|
|
MCC
59
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$3.23K | -668 | Closed |
|
|
ME
60
McIlrath & Eck
Arlington,
Washington
| – | -$2.3K | -475 | Closed |
|
HIX Hedge Fund Activity: Q1 2023 in Review
49 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q1 2023, worth a combined $25.1M — down 14% from $29.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new HIX positions and 12 closed out — a net gain of 1 holder — while 12 added to existing stakes and 15 trimmed.
The largest buyer was UBS Group, adding an estimated $675K. The largest seller was Creative Planning, exiting entirely with an estimated $1.78M sold.
- 49 institutional investors held Western Asset High Income Fund II (HIX) as of Q1 2023, down from 50 in Q4 2022.
- Funds reported $25.1M of Western Asset High Income Fund II stock for Q1 2023, down 14% quarter-over-quarter.
- 13 funds opened new Western Asset High Income Fund II positions in Q1 2023 and 12 closed out, a net change of +1 holder.
- The largest Western Asset High Income Fund II buyer in Q1 2023 was UBS Group, an estimated $675K added.
- The largest Western Asset High Income Fund II seller in Q1 2023 was Creative Planning, an estimated $1.78M sold.
Based on aggregated 13F filings for Q1 2023.