Western Asset High Yield Opportunity Fund Inc
HYI
51 hedge funds and large institutions have $86M invested in Western Asset High Yield Opportunity Fund Inc in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 9 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0.9% more ownership
Funds ownership: 30.86% → 31.76% (+0.9%)
1% less capital invested
Capital invested by funds: $87.3M → $86M (-$1.26M)
4% less funds holding
Funds holding: 53 → 51 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.9M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.21M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.03M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$686K |
| 5 |
RW
RVW Wealth
Los Angeles,
California
|
+$239K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
GraniteShares Advisors
New York
|
-$2.34M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.29M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$193K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$158K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$155K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Commonwealth Equity Services
Waltham,
Massachusetts
| $198 | +$111 | +9 | +0.1% |
|
|
GA
52
GraniteShares Advisors
New York
| – | -$2.34M | -187,516 | Closed |
|
|
COLIM
53
City of London Investment Management
London,
United Kingdom
| – | -$1.29M | -103,324 | Closed |
|
|
54
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$158K | -12,677 | Closed |
|
|
CAS
55
Coppell Advisory Solutions
Coppell,
Texas
| – | -$40.5K | -3,247 | Closed |
|
|
CASC
56
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$40.5K | -3,247 | Closed |
|
|
FWA
57
Freedom Wealth Alliance
Brookfield,
Wisconsin
| – | -$25K | -2,000 | Closed |
|
|
HNWAG
58
High Net Worth Advisory Group
Naples,
Florida
| – | -$25K | -2,000 | Closed |
|
|
IA
59
IFP Advisors
Tampa,
Florida
| – | -$9K | -638 | Closed |
|
60
Rockefeller Capital Management
New York
| – | -$3K | -240 | Closed |
|
HYI Hedge Fund Activity: Q1 2023 in Review
51 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Yield Opportunity Fund Inc (HYI) for Q1 2023, worth a combined $86M — down 1.4% from $87.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of HYI and 7 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 16 added.
The largest buyer was Sit Investment Associates, adding an estimated $2.9M. The largest seller was GraniteShares Advisors, exiting entirely with an estimated $2.34M sold.
- 51 institutional investors held Western Asset High Yield Opportunity Fund Inc (HYI) as of Q1 2023, down from 53 in Q4 2022.
- Funds reported $86M of Western Asset High Yield Opportunity Fund Inc stock for Q1 2023, down 1.4% quarter-over-quarter.
- 7 funds opened new Western Asset High Yield Opportunity Fund Inc positions in Q1 2023 and 9 closed out, a net change of -2 holders.
- The largest Western Asset High Yield Opportunity Fund Inc buyer in Q1 2023 was Sit Investment Associates, an estimated $2.9M added.
- The largest Western Asset High Yield Opportunity Fund Inc seller in Q1 2023 was GraniteShares Advisors, an estimated $2.34M sold.
Based on aggregated 13F filings for Q1 2023.