Western Asset High Yield Opportunity Fund Inc
HYI
50 hedge funds and large institutions have $91.5M invested in Western Asset High Yield Opportunity Fund Inc in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
6% more funds holding
Funds holding: 47 → 50 (+3)
3% more capital invested
Capital invested by funds: $88.7M → $91.5M (+$2.78M)
0.25% more ownership
Funds ownership: 25.89% → 26.14% (+0.25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.95M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.49M |
| 3 |
SCM
Saba Capital Management
New York
|
+$524K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$523K |
| 5 |
Citigroup
New York
|
+$474K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$2.31M |
| 2 |
Morgan Stanley
New York
|
-$1.41M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.07M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$547K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$387K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
51
Two Sigma Securities
New York
| – | -$239K | -15,922 | Closed |
|
52
SG Americas Securities
New York
| – | -$148K | -9,824 | Closed |
|
HYI Hedge Fund Activity: Q1 2017 in Review
50 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Yield Opportunity Fund Inc (HYI) for Q1 2017, worth a combined $91.5M — up 3.1% from $88.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HYI positions and 4 closed out — a net gain of 4 holders — while 17 added to existing stakes and 13 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.95M. The largest seller was Carlson Capital, exiting entirely with an estimated $2.31M sold.
- 50 institutional investors held Western Asset High Yield Opportunity Fund Inc (HYI) as of Q1 2017, up from 47 in Q4 2016.
- Funds reported $91.5M of Western Asset High Yield Opportunity Fund Inc stock for Q1 2017, up 3.1% quarter-over-quarter.
- 8 funds opened new Western Asset High Yield Opportunity Fund Inc positions in Q1 2017 and 4 closed out, a net change of +4 holders.
- The largest Western Asset High Yield Opportunity Fund Inc buyer in Q1 2017 was Rivernorth Capital Management, an estimated $2.95M added.
- The largest Western Asset High Yield Opportunity Fund Inc seller in Q1 2017 was Carlson Capital, an estimated $2.31M sold.
Based on aggregated 13F filings for Q1 2017.