Western Asset High Income Fund II
HIX
83 hedge funds and large institutions have $140M invested in Western Asset High Income Fund II in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 26 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
4% more funds holding
Funds holding: 80 → 83 (+3)
2.81% more ownership
Funds ownership: 25.48% → 28.29% (+2.8%)
0% less capital invested
Capital invested by funds: $141M → $140M (-$129K)
15% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$17.3M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.29M |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$2.16M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$810K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$595K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.82M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.01M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.63M |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$1.4M |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$885K |
HIX Hedge Fund Activity: Q4 2018 in Review
83 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q4 2018, worth a combined $140M — down 0.09% from $141M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new HIX positions and 14 closed out — a net gain of 3 holders — while 22 added to existing stakes and 26 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $17.3M. The largest seller was UBS Group, cutting an estimated $3.82M.
- 83 institutional investors held Western Asset High Income Fund II (HIX) as of Q4 2018, up from 80 in Q3 2018.
- Funds reported $140M of Western Asset High Income Fund II stock for Q4 2018, down 0.09% quarter-over-quarter.
- 17 funds opened new Western Asset High Income Fund II positions in Q4 2018 and 14 closed out, a net change of +3 holders.
- The largest Western Asset High Income Fund II buyer in Q4 2018 was Saba Capital Management, an estimated $17.3M added.
- The largest Western Asset High Income Fund II seller in Q4 2018 was UBS Group, an estimated $3.82M sold.
Based on aggregated 13F filings for Q4 2018.