Western Asset High Yield Opportunity Fund Inc
HYI
46 hedge funds and large institutions have $79.5M invested in Western Asset High Yield Opportunity Fund Inc in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 11 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
1.39% more ownership
Funds ownership: 26.93% → 28.32% (+1.4%)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 47 → 46 (-1)
17% less capital invested
Capital invested by funds: $95.9M → $79.5M (-$16.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$7.69M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.02M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.99M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.85M |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$988K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
-$8.98M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.69M |
| 3 |
Millennium Management
New York
|
-$1.02M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$800K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$650K |
HYI Hedge Fund Activity: Q1 2020 in Review
46 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Yield Opportunity Fund Inc (HYI) for Q1 2020, worth a combined $79.5M — down 17% from $95.9M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new HYI positions and 11 closed out — a net gain of 1 holder — while 16 added to existing stakes and 11 trimmed.
The largest buyer was Bramshill Investments, adding an estimated $7.69M. The largest seller was Private Management Group, exiting entirely with an estimated $8.98M sold.
- 46 institutional investors held Western Asset High Yield Opportunity Fund Inc (HYI) as of Q1 2020, down from 47 in Q4 2019.
- Funds reported $79.5M of Western Asset High Yield Opportunity Fund Inc stock for Q1 2020, down 17% quarter-over-quarter.
- 12 funds opened new Western Asset High Yield Opportunity Fund Inc positions in Q1 2020 and 11 closed out, a net change of +1 holder.
- The largest Western Asset High Yield Opportunity Fund Inc buyer in Q1 2020 was Bramshill Investments, an estimated $7.69M added.
- The largest Western Asset High Yield Opportunity Fund Inc seller in Q1 2020 was Private Management Group, an estimated $8.98M sold.
Based on aggregated 13F filings for Q1 2020.