Western Asset High Income Fund II
HIX
67 hedge funds and large institutions have $69M invested in Western Asset High Income Fund II in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
77% more capital inflows, than outflows
Capital inflows: $20.8M | Capital outflows: $11.8M
6% more funds holding
Funds holding: 63 → 67 (+4)
1.53% more ownership
Funds ownership: 10.83% → 12.36% (+1.5%)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$6.65M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$3.35M |
| 3 |
NEIRG
New England Investment & Retirement Group
North Andover,
Massachusetts
|
+$2.53M |
| 4 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.28M |
| 5 |
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.11M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.8M |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$2.04M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.58M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$470K |
HIX Hedge Fund Activity: Q3 2015 in Review
67 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q3 2015, worth a combined $69M — down 2% from $70.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new HIX positions and 5 closed out — a net gain of 5 holders — while 17 added to existing stakes and 21 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $6.65M. The largest seller was UBS Group, cutting an estimated $3.11M.
- 67 institutional investors held Western Asset High Income Fund II (HIX) as of Q3 2015, up from 63 in Q2 2015.
- Funds reported $69M of Western Asset High Income Fund II stock for Q3 2015, down 2% quarter-over-quarter.
- 10 funds opened new Western Asset High Income Fund II positions in Q3 2015 and 5 closed out, a net change of +5 holders.
- The largest Western Asset High Income Fund II buyer in Q3 2015 was Bessemer Group, an estimated $6.65M added.
- The largest Western Asset High Income Fund II seller in Q3 2015 was UBS Group, an estimated $3.11M sold.
Based on aggregated 13F filings for Q3 2015.