Western Asset High Yield Opportunity Fund Inc
HYI
42 hedge funds and large institutions have $107M invested in Western Asset High Yield Opportunity Fund Inc in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 6 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
167% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 6
24% more funds holding
Funds holding: 34 → 42 (+8)
12% more capital invested
Capital invested by funds: $95.4M → $107M (+$11.8M)
2.85% more ownership
Funds ownership: 23.42% → 26.26% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$9.75M |
| 2 |
KSCM
Kamunting Street Capital Management
Miami Beach,
Florida
|
+$1.77M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.68M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.22M |
| 5 |
SG Americas Securities
New York
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$4.52M |
| 2 |
Cohen & Steers
New York
|
-$1.96M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$318K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$226K |
| 5 |
Morgan Stanley
New York
|
-$96.1K |
HYI Hedge Fund Activity: Q2 2014 in Review
42 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Yield Opportunity Fund Inc (HYI) for Q2 2014, worth a combined $107M — up 12% from $95.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new HYI positions and 1 closed out — a net gain of 9 holders — while 16 added to existing stakes and 6 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $9.75M. The largest seller was Guggenheim Capital, cutting an estimated $4.52M.
- 42 institutional investors held Western Asset High Yield Opportunity Fund Inc (HYI) as of Q2 2014, up from 34 in Q1 2014.
- Funds reported $107M of Western Asset High Yield Opportunity Fund Inc stock for Q2 2014, up 12% quarter-over-quarter.
- 10 funds opened new Western Asset High Yield Opportunity Fund Inc positions in Q2 2014 and 1 closed out, a net change of +9 holders.
- The largest Western Asset High Yield Opportunity Fund Inc buyer in Q2 2014 was Saba Capital Management, an estimated $9.75M added.
- The largest Western Asset High Yield Opportunity Fund Inc seller in Q2 2014 was Guggenheim Capital, an estimated $4.52M sold.
Based on aggregated 13F filings for Q2 2014.