Western Asset High Yield Opportunity Fund Inc
HYI
48 hedge funds and large institutions have $85.9M invested in Western Asset High Yield Opportunity Fund Inc in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 10 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
3% more capital invested
Capital invested by funds: $83.8M → $85.9M (+$2.14M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.57% less ownership
Funds ownership: 28.5% → 27.94% (-0.57%)
11% less funds holding
Funds holding: 54 → 48 (-6)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$2.18M |
| 2 |
Morgan Stanley
New York
|
+$956K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$725K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$587K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$535K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.17M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.63M |
| 3 |
GG
Gofen & Glossberg
Chicago,
Illinois
|
-$749K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$398K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$378K |
HYI Hedge Fund Activity: Q3 2019 in Review
48 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Yield Opportunity Fund Inc (HYI) for Q3 2019, worth a combined $85.9M — up 2.6% from $83.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of HYI and 4 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 16 added.
The largest buyer was Bramshill Investments, adding an estimated $2.18M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.17M.
- 48 institutional investors held Western Asset High Yield Opportunity Fund Inc (HYI) as of Q3 2019, down from 54 in Q2 2019.
- Funds reported $85.9M of Western Asset High Yield Opportunity Fund Inc stock for Q3 2019, up 2.6% quarter-over-quarter.
- 4 funds opened new Western Asset High Yield Opportunity Fund Inc positions in Q3 2019 and 10 closed out, a net change of -6 holders.
- The largest Western Asset High Yield Opportunity Fund Inc buyer in Q3 2019 was Bramshill Investments, an estimated $2.18M added.
- The largest Western Asset High Yield Opportunity Fund Inc seller in Q3 2019 was Rivernorth Capital Management, an estimated $3.17M sold.
Based on aggregated 13F filings for Q3 2019.