Western Asset High Yield Opportunity Fund Inc
HYI
43 hedge funds and large institutions have $91.9M invested in Western Asset High Yield Opportunity Fund Inc in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
5% more funds holding
Funds holding: 41 → 43 (+2)
2% less capital invested
Capital invested by funds: $93.9M → $91.9M (-$2.04M)
1.28% less ownership
Funds ownership: 27.45% → 26.17% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.92M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$849K |
| 3 |
GG
Gofen & Glossberg
Chicago,
Illinois
|
+$836K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$474K |
| 5 |
Cohen & Steers
New York
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$5.21M |
| 2 |
Morgan Stanley
New York
|
-$2.39M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$516K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$494K |
| 5 |
SCM
Saba Capital Management
New York
|
-$414K |
HYI Hedge Fund Activity: Q3 2016 in Review
43 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Yield Opportunity Fund Inc (HYI) for Q3 2016, worth a combined $91.9M — down 2.2% from $93.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HYI positions and 4 closed out — a net gain of 2 holders — while 13 added to existing stakes and 11 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.92M. The largest seller was State of New Jersey Common Pension Fund D, exiting entirely with an estimated $5.21M sold.
- 43 institutional investors held Western Asset High Yield Opportunity Fund Inc (HYI) as of Q3 2016, up from 41 in Q2 2016.
- Funds reported $91.9M of Western Asset High Yield Opportunity Fund Inc stock for Q3 2016, down 2.2% quarter-over-quarter.
- 6 funds opened new Western Asset High Yield Opportunity Fund Inc positions in Q3 2016 and 4 closed out, a net change of +2 holders.
- The largest Western Asset High Yield Opportunity Fund Inc buyer in Q3 2016 was Wells Fargo, an estimated $1.92M added.
- The largest Western Asset High Yield Opportunity Fund Inc seller in Q3 2016 was State of New Jersey Common Pension Fund D, an estimated $5.21M sold.
Based on aggregated 13F filings for Q3 2016.