Deutsche High Income Trust
KHI
KHI was delisted on the 4th of November, 2016.
30 hedge funds and large institutions have $10.8M invested in Deutsche High Income Trust in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
23% more capital invested
Capital invested by funds: $8.76M → $10.8M (+$2.02M)
11% more funds holding
Funds holding: 27 → 30 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.61M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$554K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$534K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$323K |
| 5 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
+$90.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$584K |
| 2 |
Morgan Stanley
New York
|
-$299K |
| 3 |
LPL Financial
San Diego,
California
|
-$26.7K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$3.41K |
| 5 |
Citigroup
New York
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $4K | – | – | – |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | – | – | – |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | – | – | – |
|
|
WA
29
WFG Advisors
Dallas,
Texas
| $2K | – | – | – |
|
|
EWM
30
Edge Wealth Management
New York
| $1K | – | – | – |
|
|
31
Citigroup
New York
| – | -$2K | -185 | Closed |
|
KHI Hedge Fund Activity: Q3 2013 in Review
30 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Deutsche High Income Trust (KHI) for Q3 2013, worth a combined $10.8M — up 23% from $8.76M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new KHI positions and 1 closed out — a net gain of 4 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $1.61M. The largest seller was Guggenheim Capital, cutting an estimated $584K.
- 30 institutional investors held Deutsche High Income Trust (KHI) as of Q3 2013, up from 27 in Q2 2013.
- Funds reported $10.8M of Deutsche High Income Trust stock for Q3 2013, up 23% quarter-over-quarter.
- 5 funds opened new Deutsche High Income Trust positions in Q3 2013 and 1 closed out, a net change of +4 holders.
- The largest Deutsche High Income Trust buyer in Q3 2013 was Saba Capital Management, an estimated $1.61M added.
- The largest Deutsche High Income Trust seller in Q3 2013 was Guggenheim Capital, an estimated $584K sold.
Based on aggregated 13F filings for Q3 2013.