Western Asset High Income Fund II
HIX
82 hedge funds and large institutions have $136M invested in Western Asset High Income Fund II in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 16 reducing their positions, and 21 closing their positions.
106% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 16
24% more capital invested
Capital invested by funds: $110M → $136M (+$26.5M)
0.19% more ownership
Funds ownership: 25.54% → 25.72% (+0.19%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 92 → 82 (-10)
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.02M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.81M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$968K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$557K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$477K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.68M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.65M |
| 3 |
Goldman Sachs
New York
|
-$1.18M |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$1.14M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$636K |
HIX Hedge Fund Activity: Q2 2020 in Review
82 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Fund II (HIX) for Q2 2020, worth a combined $136M — up 24% from $110M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of HIX and 11 opened new positions — a net loss of 10 holders — while 16 trimmed existing stakes and 33 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $4.02M. The largest seller was Matisse Capital, exiting entirely with an estimated $1.68M sold.
- 82 institutional investors held Western Asset High Income Fund II (HIX) as of Q2 2020, down from 92 in Q1 2020.
- Funds reported $136M of Western Asset High Income Fund II stock for Q2 2020, up 24% quarter-over-quarter.
- 11 funds opened new Western Asset High Income Fund II positions in Q2 2020 and 21 closed out, a net change of -10 holders.
- The largest Western Asset High Income Fund II buyer in Q2 2020 was Rivernorth Capital Management, an estimated $4.02M added.
- The largest Western Asset High Income Fund II seller in Q2 2020 was Matisse Capital, an estimated $1.68M sold.
Based on aggregated 13F filings for Q2 2020.