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HIX

Western Asset High Income Fund II

74 hedge funds and large institutions have $75.3M invested in Western Asset High Income Fund II in 2015 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 7

47% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 19

10% more funds holding

Funds holding: 6774 (+7)

9% more capital invested

Capital invested by funds: $69M → $75.3M (+$6.34M)

1.47% more ownership

Funds ownership: 12.36%13.83% (+1.5%)

Holders
74
Holders Change
+7
Holders Change %
+10.45%
% of All Funds
1.94%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
28
Reduced
19
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$13.2M +$1.12M +167,896 +9%
GC
2
Guggenheim Capital
Illinois
$11.2M -$928K -139,201 -7%
Bessemer Group
3
Bessemer Group
New Jersey
$9.26M +$3.45M +518,159 +55%
Invesco
4
Invesco
Georgia
$6.18M -$179K -26,905 -3%
LPL Financial
5
LPL Financial
California
$3.99M +$1.74M +260,778 +74%
Morgan Stanley
6
Morgan Stanley
New York
$3.05M +$449K +67,304 +16%
VIA
7
Vident Investment Advisory
Georgia
$2.6M +$1M +150,410 +57%
LCM
8
Laurion Capital Management
New York
$2.41M +$2.2M +330,707 +639%
CIA
9
Capital Investment Advisors
Georgia
$2.18M -$19.6K -2,943 -0.8%
WCM
10
Windsor Capital Management
Arizona
$2.05M -$81.5K -12,230 -4%
PPA
11
Parametric Portfolio Associates
Washington
$1.91M +$893K +133,920 +79%
YMRC
12
Yorktown Management & Research Company
Virginia
$1.64M
RCM
13
Rivernorth Capital Management
Florida
$1.6M -$1.03M -154,923 -38%
MIG
14
Mariner Investment Group
New York
$1.44M -$1.75M -263,207 -54%
CS
15
Credit Suisse
Switzerland
$989K +$734K +110,205 +237%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$936K +$713K +107,042 +259%
Wells Fargo
17
Wells Fargo
California
$929K +$291K +43,739 +42%
LCM
18
Landscape Capital Management
New Jersey
$911K +$391K +58,691 +68%
NEIRG
19
New England Investment & Retirement Group
Massachusetts
$756K -$1.61M -241,121 -67%
WAM
20
Weiss Asset Management
Massachusetts
$625K +$660K +99,069 New
SG Americas Securities
21
SG Americas Securities
New York
$604K -$132K -19,808 -17%
Citigroup
22
Citigroup
New York
$568K +$458K +68,670 +322%
WAM
23
Wolverine Asset Management
Illinois
$494K -$431K -64,658 -45%
AA
24
AQR Arbitrage
Connecticut
$445K +$57.7K +8,651 +14%
Bank of America
25
Bank of America
North Carolina
$383K +$76.9K +11,537 +23%

HIX Hedge Fund Activity: Q4 2015 in Review

74 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q4 2015, worth a combined $75.3M — up 9.2% from $69M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new HIX positions and 7 closed out — a net gain of 7 holders — while 28 added to existing stakes and 19 trimmed.

The largest buyer was Bessemer Group, adding an estimated $3.45M. The largest seller was Mariner Investment Group, cutting an estimated $1.75M.

  • 74 institutional investors held Western Asset High Income Fund II (HIX) as of Q4 2015, up from 67 in Q3 2015.
  • Funds reported $75.3M of Western Asset High Income Fund II stock for Q4 2015, up 9.2% quarter-over-quarter.
  • 14 funds opened new Western Asset High Income Fund II positions in Q4 2015 and 7 closed out, a net change of +7 holders.
  • The largest Western Asset High Income Fund II buyer in Q4 2015 was Bessemer Group, an estimated $3.45M added.
  • The largest Western Asset High Income Fund II seller in Q4 2015 was Mariner Investment Group, an estimated $1.75M sold.

Based on aggregated 13F filings for Q4 2015.