Deutsche High Income Trust
KHI
KHI was delisted on the 4th of November, 2016.
28 hedge funds and large institutions have $20.7M invested in Deutsche High Income Trust in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 4 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
28% more capital invested
Capital invested by funds: $16.2M → $20.7M (+$4.5M)
10% less funds holding
Funds holding: 31 → 28 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.59M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$421K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$381K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$85.7K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$52.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$221K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$160K |
| 3 |
Barclays
London,
United Kingdom
|
-$143K |
| 4 |
HRC
Hoertkorn Richard Charles
|
-$55.8K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$18.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | – | – | – |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $2K | – | – | – |
|
|
28
Barclays
London,
United Kingdom
| $1K | -$143K | -15,406 | -100% |
|
|
LCM
29
Landscape Capital Management
Englewood,
New Jersey
| – | -$160K | -17,508 | Closed |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$14K | -1,495 | Closed |
|
31
Bank of America
Charlotte,
North Carolina
| – | -$5K | -500 | Closed |
|
|
TFA
32
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$4K | -432 | Closed |
|
KHI Hedge Fund Activity: Q1 2014 in Review
28 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Deutsche High Income Trust (KHI) for Q1 2014, worth a combined $20.7M — up 28% from $16.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of KHI and 1 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 9 added.
The largest buyer was Saba Capital Management, adding an estimated $3.59M. The largest seller was Wolverine Asset Management, cutting an estimated $221K.
- 28 institutional investors held Deutsche High Income Trust (KHI) as of Q1 2014, down from 31 in Q4 2013.
- Funds reported $20.7M of Deutsche High Income Trust stock for Q1 2014, up 28% quarter-over-quarter.
- 1 fund opened new Deutsche High Income Trust positions in Q1 2014 and 4 closed out, a net change of -3 holders.
- The largest Deutsche High Income Trust buyer in Q1 2014 was Saba Capital Management, an estimated $3.59M added.
- The largest Deutsche High Income Trust seller in Q1 2014 was Wolverine Asset Management, an estimated $221K sold.
Based on aggregated 13F filings for Q1 2014.