Western Asset High Yield Opportunity Fund Inc
HYI
45 hedge funds and large institutions have $101M invested in Western Asset High Yield Opportunity Fund Inc in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 10 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 10
6% more capital invested
Capital invested by funds: $95.1M → $101M (+$5.5M)
1.08% more ownership
Funds ownership: 27.32% → 28.41% (+1.1%)
4% less funds holding
Funds holding: 47 → 45 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.38M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.28M |
| 3 |
Morgan Stanley
New York
|
+$1.21M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$716K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$622K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
-$1.12M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$675K |
| 3 |
Citigroup
New York
|
-$599K |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$400K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$310K |
HYI Hedge Fund Activity: Q3 2017 in Review
45 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Yield Opportunity Fund Inc (HYI) for Q3 2017, worth a combined $101M — up 5.8% from $95.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HYI and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 20 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $1.38M. The largest seller was Private Management Group, cutting an estimated $1.12M.
- 45 institutional investors held Western Asset High Yield Opportunity Fund Inc (HYI) as of Q3 2017, down from 47 in Q2 2017.
- Funds reported $101M of Western Asset High Yield Opportunity Fund Inc stock for Q3 2017, up 5.8% quarter-over-quarter.
- 3 funds opened new Western Asset High Yield Opportunity Fund Inc positions in Q3 2017 and 5 closed out, a net change of -2 holders.
- The largest Western Asset High Yield Opportunity Fund Inc buyer in Q3 2017 was Parametric Portfolio Associates, an estimated $1.38M added.
- The largest Western Asset High Yield Opportunity Fund Inc seller in Q3 2017 was Private Management Group, an estimated $1.12M sold.
Based on aggregated 13F filings for Q3 2017.