Western Asset High Income Fund II
HIX
60 hedge funds and large institutions have $79.2M invested in Western Asset High Income Fund II in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 5 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
5% more capital invested
Capital invested by funds: $75.2M → $79.2M (+$3.94M)
2% more funds holding
Funds holding: 59 → 60 (+1)
0.22% more ownership
Funds ownership: 12.57% → 12.79% (+0.22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.91M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.46M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$983K |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$749K |
| 5 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$616K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$4.34M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.09M |
| 3 |
Citigroup
New York
|
-$410K |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
-$205K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$130K |
HIX Hedge Fund Activity: Q3 2016 in Review
60 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q3 2016, worth a combined $79.2M — up 5.2% from $75.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HIX positions and 5 closed out — a net gain of 1 holder — while 23 added to existing stakes and 15 trimmed.
The largest buyer was UBS Group, adding an estimated $1.91M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $4.34M sold.
- 60 institutional investors held Western Asset High Income Fund II (HIX) as of Q3 2016, up from 59 in Q2 2016.
- Funds reported $79.2M of Western Asset High Income Fund II stock for Q3 2016, up 5.2% quarter-over-quarter.
- 6 funds opened new Western Asset High Income Fund II positions in Q3 2016 and 5 closed out, a net change of +1 holder.
- The largest Western Asset High Income Fund II buyer in Q3 2016 was UBS Group, an estimated $1.91M added.
- The largest Western Asset High Income Fund II seller in Q3 2016 was Laurion Capital Management, an estimated $4.34M sold.
Based on aggregated 13F filings for Q3 2016.