We are live on ! Find out more
HIX

Western Asset High Income Fund II
HIX

82 hedge funds and large institutions have $101M invested in Western Asset High Income Fund II in 2017 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

188% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 8

35% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 17

22% more funds holding

Funds holding: 67 → 82 (+15)

12% more capital invested

Capital invested by funds: $90.8M → $101M (+$10.5M)

2.26% more ownership

Funds ownership: 14.62% → 16.88% (+2.3%)

Holders
82
Holders Change
+15
Holders Change %
+22.39%
% of All Funds
1.86%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
23
Increased
23
Reduced
17
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
RCM
Rivernorth Capital Management
Florida
+$6.9M
2
SCM
Saba Capital Management
New York
+$5.52M
3
WAM
Wolverine Asset Management
Illinois
+$1.66M
4
Invesco
Invesco
Georgia
+$980K
5
VIA
Vident Investment Advisory
Georgia
+$669K

Top Sellers

1
UBS Group
UBS Group
Switzerland
-$2.27M
2
Morgan Stanley
Morgan Stanley
New York
-$1.93M
3
Bessemer Group
Bessemer Group
New Jersey
-$1.8M
4
SFS
Shaker Financial Services
Virginia
-$626K
5
Wells Fargo
Wells Fargo
California
-$240K
Name Holding Trade Value Shares
Change 		Change in
Stake
UBS Group
1
UBS Group
Switzerland
$28M -$2.27M -321,529 -7%
Invesco
2
Invesco
Georgia
$8.08M +$980K +138,964 +14%
RCM
3
Rivernorth Capital Management
Florida
$6.82M +$6.9M +978,123 New
VIA
4
Vident Investment Advisory
Georgia
$6.29M +$669K +94,914 +12%
GC
5
Guggenheim Capital
Illinois
$6.2M +$83.2K +11,804 +1%
SCM
6
Saba Capital Management
New York
$5.45M +$5.52M +782,480 New
RCM
7
Robinson Capital Management
Michigan
$3.62M +$97.3K +13,800 +3%
SFS
8
Shaker Financial Services
Virginia
$3.12M -$626K -88,820 -17%
Ameriprise
9
Ameriprise
Minnesota
$2.77M +$3.66K +519 +0.1%
Morgan Stanley
10
Morgan Stanley
New York
$2.19M -$1.93M -273,461 -47%
WAM
11
Wolverine Asset Management
Illinois
$2.1M +$1.66M +236,133 +365%
Bank of Montreal
12
Bank of Montreal
Ontario, Canada
$2.01M – – –
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$1.85M -$113K -15,979 -6%
Bessemer Group
14
Bessemer Group
New Jersey
$1.81M -$1.8M -255,000 -50%
WCM
15
Windsor Capital Management
Arizona
$1.68M -$90.6K -12,851 -5%
CIA
16
Capital Investment Advisors
Georgia
$1.54M -$114K -16,183 -7%
CRC
17
Curi RMB Capital
Illinois
$1.53M +$281K +39,921 +22%
Wells Fargo
18
Wells Fargo
California
$1.4M -$240K -34,075 -14%
Millennium Management
19
Millennium Management
New York
$1.02M +$585K +82,971 +132%
AAM
20
Advisors Asset Management
Colorado
$935K -$35.7K -5,057 -4%
DA
21
Doliver Advisors
Texas
$798K -$183K -25,979 -18%
Bank of America
22
Bank of America
North Carolina
$740K +$127K +18,053 +21%
PPA
23
Parametric Portfolio Associates
Washington
$638K +$645K +91,495 New
FAAS
24
First Allied Advisory Services
California
$580K +$298K +42,200 +103%
LPL Financial
25
LPL Financial
California
$533K -$43K -6,092 -7%
1
2 3 4

HIX Hedge Fund Activity: Q4 2017 in Review

82 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q4 2017, worth a combined $101M — up 12% from $90.8M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new HIX positions and 8 closed out — a net gain of 15 holders — while 23 added to existing stakes and 17 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $6.9M. The largest seller was UBS Group, cutting an estimated $2.27M.

  • 82 institutional investors held Western Asset High Income Fund II (HIX) as of Q4 2017, up from 67 in Q3 2017.
  • Funds reported $101M of Western Asset High Income Fund II stock for Q4 2017, up 12% quarter-over-quarter.
  • 23 funds opened new Western Asset High Income Fund II positions in Q4 2017 and 8 closed out, a net change of +15 holders.
  • The largest Western Asset High Income Fund II buyer in Q4 2017 was Rivernorth Capital Management, an estimated $6.9M added.
  • The largest Western Asset High Income Fund II seller in Q4 2017 was UBS Group, an estimated $2.27M sold.

Based on aggregated 13F filings for Q4 2017.