Western Asset High Yield Opportunity Fund Inc
HYI
55 hedge funds and large institutions have $95.2M invested in Western Asset High Yield Opportunity Fund Inc in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
6% more funds holding
Funds holding: 52 → 55 (+3)
0.69% more ownership
Funds ownership: 31.05% → 31.74% (+0.69%)
8% less capital invested
Capital invested by funds: $103M → $95.2M (-$7.72M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.48M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$400K |
| 3 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$395K |
| 4 |
Morgan Stanley
New York
|
+$342K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.12M |
| 2 |
SCM
Saba Capital Management
New York
|
-$976K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$365K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$295K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$275K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
51
IFP Advisors
Tampa,
Florida
| $4K | – | – | – |
|
52
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $3K | +$1.36K | +98 | +89% |
|
|
GWM
53
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
|
NSIM
54
North Star Investment Management
Chicago,
Illinois
| $2K | – | – | – |
|
|
DA
55
Doliver Advisors
Houston,
Texas
| – | -$365K | -25,081 | Closed |
|
56
Walleye Trading
New York
| – | -$77K | -5,300 | Closed |
|
|
PCP
57
Proficio Capital Partners
Newton,
Massachusetts
| – | -$51.6K | -3,708 | -99% |
|
|
WAM
58
Wolverine Asset Management
Chicago,
Illinois
| – | -$45K | -3,131 | Closed |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| – | -$43K | -2,969 | Closed |
|
|
SPIA
60
Steward Partners Investment Advisory
New York
| – | -$15K | -1,000 | Closed |
|
|
FIA
61
FNY Investment Advisers
New York
| – | -$1K | -90 | Closed |
|
HYI Hedge Fund Activity: Q4 2018 in Review
55 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Yield Opportunity Fund Inc (HYI) for Q4 2018, worth a combined $95.2M — down 7.5% from $103M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new HYI positions and 6 closed out — a net gain of 3 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.48M. The largest seller was Parametric Portfolio Associates, cutting an estimated $1.12M.
- 55 institutional investors held Western Asset High Yield Opportunity Fund Inc (HYI) as of Q4 2018, up from 52 in Q3 2018.
- Funds reported $95.2M of Western Asset High Yield Opportunity Fund Inc stock for Q4 2018, down 7.5% quarter-over-quarter.
- 9 funds opened new Western Asset High Yield Opportunity Fund Inc positions in Q4 2018 and 6 closed out, a net change of +3 holders.
- The largest Western Asset High Yield Opportunity Fund Inc buyer in Q4 2018 was Rivernorth Capital Management, an estimated $1.48M added.
- The largest Western Asset High Yield Opportunity Fund Inc seller in Q4 2018 was Parametric Portfolio Associates, an estimated $1.12M sold.
Based on aggregated 13F filings for Q4 2018.