Western Asset High Yield Opportunity Fund Inc
HYI
41 hedge funds and large institutions have $93.9M invested in Western Asset High Yield Opportunity Fund Inc in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 7 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
4.27% less ownership
Funds ownership: 31.72% → 27.45% (-4.3%)
7% less capital invested
Capital invested by funds: $101M → $93.9M (-$6.8M)
7% less funds holding
Funds holding: 44 → 41 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.71M |
| 2 |
Cohen & Steers
New York
|
+$1.09M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$608K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$454K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$334K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$7.03M |
| 2 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$5.22M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.35M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.23M |
| 5 |
Morgan Stanley
New York
|
-$2.05M |
HYI Hedge Fund Activity: Q2 2016 in Review
41 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Yield Opportunity Fund Inc (HYI) for Q2 2016, worth a combined $93.9M — down 6.7% from $101M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of HYI and 4 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 13 added.
The largest buyer was Wells Fargo, adding an estimated $3.71M. The largest seller was Saba Capital Management, cutting an estimated $7.03M.
- 41 institutional investors held Western Asset High Yield Opportunity Fund Inc (HYI) as of Q2 2016, down from 44 in Q1 2016.
- Funds reported $93.9M of Western Asset High Yield Opportunity Fund Inc stock for Q2 2016, down 6.7% quarter-over-quarter.
- 4 funds opened new Western Asset High Yield Opportunity Fund Inc positions in Q2 2016 and 7 closed out, a net change of -3 holders.
- The largest Western Asset High Yield Opportunity Fund Inc buyer in Q2 2016 was Wells Fargo, an estimated $3.71M added.
- The largest Western Asset High Yield Opportunity Fund Inc seller in Q2 2016 was Saba Capital Management, an estimated $7.03M sold.
Based on aggregated 13F filings for Q2 2016.