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HYI

Western Asset High Yield Opportunity Fund Inc

41 hedge funds and large institutions have $114M invested in Western Asset High Yield Opportunity Fund Inc in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 13

2.66% less ownership

Funds ownership: 33.16%30.51% (-2.7%)

5% less capital invested

Capital invested by funds: $120M → $114M (-$6.06M)

16% less funds holding

Funds holding: 4941 (-8)

54% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 13

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
41
Holders Change
-8
Holders Change %
-16.33%
% of All Funds
1.09%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
6
Increased
16
Reduced
13
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
26
AllianceBernstein
Tennessee
$440K +$191K +12,000 +81%
WAM
27
Wolverine Asset Management
Illinois
$434K -$1.36M -85,175 -76%
Ameriprise
28
Ameriprise
Minnesota
$420K +$92.7K +5,819 +29%
TJHA
29
Thomas J. Herzfeld Advisors
Florida
$353K -$17.5K -1,100 -5%
Royal Bank of Canada
30
Royal Bank of Canada
Ontario, Canada
$312K -$33.3K -2,089 -10%
BNP Paribas Financial Markets
31
BNP Paribas Financial Markets
France
$255K -$907K -56,960 -79%
PAM
32
PVG Asset Management
Colorado
$227K -$298K -18,700 -57%
AIG
33
American International Group
New York
$107K +$44.2K +2,775 +74%
Deutsche Bank
34
Deutsche Bank
Germany
$49K
DADC
35
D.A. Davidson & Co
Montana
$40K
MFS
36
MSI Financial Services
Massachusetts
$26K +$20.9K +1,313 +438%
PAM
37
Panagora Asset Management
Massachusetts
$23K +$22.9K +1,436 New
Creative Planning
38
Creative Planning
Kansas
$16K +$15.9K +1,000 New
IWMPD
39
Integrated Wealth Management (Palm Desert)
California
$16K +$15.9K +1,000 New
NFG
40
Next Financial Group
Texas
$11K
PAM
41
PT Asset Management
Illinois
-$4.47M -283,466 Closed
Grantham, Mayo, Van Otterloo & Co (GMO)
42
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
-$1.84M -116,871 Closed
SG Americas Securities
43
SG Americas Securities
New York
-$953K -60,459 Closed
MIG
44
Mariner Investment Group
New York
-$886K -56,179 Closed
CA
45
Cornerstone Advisors
North Carolina
-$704K -44,648 Closed
DA
46
Doliver Advisors
Texas
-$475K -30,178 Closed
SFS
47
Shaker Financial Services
Virginia
-$408K -25,871 Closed
CAS
48
CTC Alternative Strategies
Illinois
-$281K -17,840 Closed
VKH
49
Virtu KCG Holdings
New York
-$248K -15,705 Closed
BFM
50
Boothbay Fund Management
New York
-$219K -13,860 Closed

HYI Hedge Fund Activity: Q1 2015 in Review

41 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Yield Opportunity Fund Inc (HYI) for Q1 2015, worth a combined $114M — down 5.1% from $120M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of HYI and 6 opened new positions — a net loss of 7 holders — while 13 trimmed existing stakes and 16 added.

The largest buyer was Yorktown Management & Research Company, opening a new position worth an estimated $3.27M. The largest seller was Saba Capital Management, cutting an estimated $5.1M.

  • 41 institutional investors held Western Asset High Yield Opportunity Fund Inc (HYI) as of Q1 2015, down from 49 in Q4 2014.
  • Funds reported $114M of Western Asset High Yield Opportunity Fund Inc stock for Q1 2015, down 5.1% quarter-over-quarter.
  • 6 funds opened new Western Asset High Yield Opportunity Fund Inc positions in Q1 2015 and 13 closed out, a net change of -7 holders.
  • The largest Western Asset High Yield Opportunity Fund Inc buyer in Q1 2015 was Yorktown Management & Research Company, an estimated $3.27M added.
  • The largest Western Asset High Yield Opportunity Fund Inc seller in Q1 2015 was Saba Capital Management, an estimated $5.1M sold.

Based on aggregated 13F filings for Q1 2015.