Western Asset High Yield Opportunity Fund Inc
HYI
43 hedge funds and large institutions have $90.6M invested in Western Asset High Yield Opportunity Fund Inc in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 12 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
14% more capital invested
Capital invested by funds: $79.5M → $90.6M (+$11.1M)
0.17% more ownership
Funds ownership: 28.32% → 28.49% (+0.17%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 46 → 43 (-3)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Camelot Portfolios
Maumee,
Ohio
|
+$1.84M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.16M |
| 3 |
Morgan Stanley
New York
|
+$531K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$427K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.25M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$961K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$846K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$695K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$402K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Wolverine Asset Management
Chicago,
Illinois
| – | -$20K | -1,691 | Closed |
|
|
EWM
52
EPG Wealth Management
Atlanta,
Georgia
| – | -$7K | -604 | Closed |
|
|
WQ
53
Wealth Quarterback
Toms River,
New Jersey
| – | -$1 | -397 | Closed |
|
54
Fidelity Investments
Boston,
Massachusetts
| – | +$13 | +1 | New |
|
|
PFO
55
Pathstone Family Office
Englewood,
New Jersey
| – | +$566 | +42 | New |
|
HYI Hedge Fund Activity: Q2 2020 in Review
43 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Yield Opportunity Fund Inc (HYI) for Q2 2020, worth a combined $90.6M — up 14% from $79.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HYI and 9 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 15 added.
The largest buyer was Camelot Portfolios, opening a new position worth an estimated $1.84M. The largest seller was Wells Fargo, cutting an estimated $1.25M.
- 43 institutional investors held Western Asset High Yield Opportunity Fund Inc (HYI) as of Q2 2020, down from 46 in Q1 2020.
- Funds reported $90.6M of Western Asset High Yield Opportunity Fund Inc stock for Q2 2020, up 14% quarter-over-quarter.
- 9 funds opened new Western Asset High Yield Opportunity Fund Inc positions in Q2 2020 and 12 closed out, a net change of -3 holders.
- The largest Western Asset High Yield Opportunity Fund Inc buyer in Q2 2020 was Camelot Portfolios, an estimated $1.84M added.
- The largest Western Asset High Yield Opportunity Fund Inc seller in Q2 2020 was Wells Fargo, an estimated $1.25M sold.
Based on aggregated 13F filings for Q2 2020.