Western Asset High Yield Opportunity Fund Inc
HYI
37 hedge funds and large institutions have $107M invested in Western Asset High Yield Opportunity Fund Inc in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 8 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
0.08% more ownership
Funds ownership: 30.51% → 30.59% (+0.08%)
6% less capital invested
Capital invested by funds: $114M → $107M (-$6.31M)
10% less funds holding
Funds holding: 41 → 37 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.39M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.25M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.13M |
| 4 |
LPL Financial
San Diego,
California
|
+$857K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$695K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.8M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.28M |
| 3 |
KSCM
Kamunting Street Capital Management
Miami Beach,
Florida
|
-$1.17M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$921K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$830K |
HYI Hedge Fund Activity: Q2 2015 in Review
37 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Yield Opportunity Fund Inc (HYI) for Q2 2015, worth a combined $107M — down 5.6% from $114M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HYI and 4 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 14 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.39M. The largest seller was City of London Investment Management, cutting an estimated $1.8M.
- 37 institutional investors held Western Asset High Yield Opportunity Fund Inc (HYI) as of Q2 2015, down from 41 in Q1 2015.
- Funds reported $107M of Western Asset High Yield Opportunity Fund Inc stock for Q2 2015, down 5.6% quarter-over-quarter.
- 4 funds opened new Western Asset High Yield Opportunity Fund Inc positions in Q2 2015 and 8 closed out, a net change of -4 holders.
- The largest Western Asset High Yield Opportunity Fund Inc buyer in Q2 2015 was Rivernorth Capital Management, an estimated $1.39M added.
- The largest Western Asset High Yield Opportunity Fund Inc seller in Q2 2015 was City of London Investment Management, an estimated $1.8M sold.
Based on aggregated 13F filings for Q2 2015.