Western Asset High Income Fund II
HIX
60 hedge funds and large institutions have $77.2M invested in Western Asset High Income Fund II in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 20 closing their positions.
2% more capital invested
Capital invested by funds: $75.3M → $77.2M (+$1.87M)
0.28% less ownership
Funds ownership: 13.83% → 13.55% (-0.28%)
19% less funds holding
Funds holding: 74 → 60 (-14)
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
70% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$8.26M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$2.65M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.02M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$859K |
| 5 |
SIM
Sonora Investment Management
Tucson,
Arizona
|
+$365K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.41M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.9M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.6M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.44M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.37M |
HIX Hedge Fund Activity: Q1 2016 in Review
60 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q1 2016, worth a combined $77.2M — up 2.5% from $75.3M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of HIX and 6 opened new positions — a net loss of 14 holders — while 22 trimmed existing stakes and 15 added.
The largest buyer was UBS Group, adding an estimated $8.26M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $2.41M sold.
- 60 institutional investors held Western Asset High Income Fund II (HIX) as of Q1 2016, down from 74 in Q4 2015.
- Funds reported $77.2M of Western Asset High Income Fund II stock for Q1 2016, up 2.5% quarter-over-quarter.
- 6 funds opened new Western Asset High Income Fund II positions in Q1 2016 and 20 closed out, a net change of -14 holders.
- The largest Western Asset High Income Fund II buyer in Q1 2016 was UBS Group, an estimated $8.26M added.
- The largest Western Asset High Income Fund II seller in Q1 2016 was Laurion Capital Management, an estimated $2.41M sold.
Based on aggregated 13F filings for Q1 2016.