Western Asset High Yield Opportunity Fund Inc
HYI
56 hedge funds and large institutions have $105M invested in Western Asset High Yield Opportunity Fund Inc in 2017 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
24% more funds holding
Funds holding: 45 → 56 (+11)
2.16% more ownership
Funds ownership: 28.41% → 30.56% (+2.2%)
5% more capital invested
Capital invested by funds: $101M → $105M (+$4.66M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.42M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2.54M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.63M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$676K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$447K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
SII Investments
Appleton,
Wisconsin
|
-$3.51M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.57M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.55M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$546K |
| 5 |
VF
Virtu Financial
New York
|
-$159K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
51
Geneos Wealth Management
Englewood,
Colorado
| $7K | – | – | – |
|
|
IA
52
IFP Advisors
Tampa,
Florida
| $5K | – | – | – |
|
|
CA
53
Calton & Associates
Tampa,
Florida
| $5K | +$5.65K | +369 | New |
|
|
CAC
54
Certified Advisory Corp
Altamonte Springs,
Florida
| $3K | +$3.63K | +237 | New |
|
|
NSIM
55
North Star Investment Management
Chicago,
Illinois
| $2K | – | – | – |
|
|
SI
56
SII Investments
Appleton,
Wisconsin
| – | -$3.51M | -225,890 | Closed |
|
|
VF
57
Virtu Financial
New York
| – | -$159K | -10,254 | Closed |
|
58
Envestnet Asset Management
Chicago,
Illinois
| – | -$117K | -7,607 | -100% |
|
|
NFG
59
Next Financial Group
Houston,
Texas
| – | -$11K | -727 | Closed |
|
|
PCM
60
Penserra Capital Management
Orinda,
California
| – | -$4K | -300 | Closed |
|
61
SEI Investments
Oaks,
Pennsylvania
| – | -$1K | -77 | Closed |
|
HYI Hedge Fund Activity: Q4 2017 in Review
56 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Yield Opportunity Fund Inc (HYI) for Q4 2017, worth a combined $105M — up 4.6% from $101M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new HYI positions and 5 closed out — a net gain of 11 holders — while 16 added to existing stakes and 12 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $4.42M. The largest seller was SII Investments, exiting entirely with an estimated $3.51M sold.
- 56 institutional investors held Western Asset High Yield Opportunity Fund Inc (HYI) as of Q4 2017, up from 45 in Q3 2017.
- Funds reported $105M of Western Asset High Yield Opportunity Fund Inc stock for Q4 2017, up 4.6% quarter-over-quarter.
- 16 funds opened new Western Asset High Yield Opportunity Fund Inc positions in Q4 2017 and 5 closed out, a net change of +11 holders.
- The largest Western Asset High Yield Opportunity Fund Inc buyer in Q4 2017 was Saba Capital Management, an estimated $4.42M added.
- The largest Western Asset High Yield Opportunity Fund Inc seller in Q4 2017 was SII Investments, an estimated $3.51M sold.
Based on aggregated 13F filings for Q4 2017.